Eligible employers can apply for a wage subsidy of 50% of the apprentice or trainee’s wages

As part of the Economic Response to the Coronavirus (COVID-19), the Australian Government is helping businesses to manage cash flow challenges and to keep your apprentices and trainees employed.

The Australian Government is extending and expanding the Supporting Apprentices and Trainees wage subsidy, to include medium-sized businesses who had an apprentice in place on 1 July 2020.

Eligible employers can apply for a wage subsidy of 50 per cent of the apprentice or trainee’s wages paid until 31 March 2021. In addition to the existing support for small businesses, medium-sized businesses will now be eligible for the subsidy, for wages paid from 1 July 2020 – 31 March 2021.

Subsidies will also be available to any new employer who re-engages an eligible apprentice that was displaced by an eligible small or medium sized business.

Is my business eligible?

How much is the subsidy?

Anything else I should know?

How can I apply or find out more?
For further information on how to apply for the subsidy, including information on eligibility, contact an Australian Apprenticeship Support Network provider via australianapprenticeships.gov.au/search-aasn.

For a copy of the above information as a fact sheet, click here.

Published on: Friday, 17 July 2020