INCENTIVES

What incentives and subsidies are available?

New Apprenticeships attract financial assistance for eligible employers to help reduce the real cost of training.This includes:

Innovation Incentive

The Government is committed to building Australia’s competitive advantage in both emerging and traditional industries. To do this industry needs to have access to people who can understand, apply and manage enabling technologies considered crucial for innovation. Key sources of innovation include pharmaceutical, aircraft, electronics and chemical industries, as well as the major utilities.

The Innovation New Apprenticeships Incentive provides for an additional $1,100 incentive paid on commencement in an identified occupation. Further information is available from: http://www.australianapprenticeships.gov.au/about/publications.asp

School based New Apprenticeships Incentive

These incentives are designed particularly to support employers who provide ongoing employment opportunities for School Based New Apprentices, assisting them to make a smooth transition from school to work. Further information is available from: http://www.australianapprenticeships.gov.au/about/publications.asp

Employers may be eligible for an additional $750 commencement incentive for employing a New Apprentice in an endorsed School Based New Apprenticeship at Certificate II to IV level; and $750 for continuing to employ the young person after the student has completed Year 12. Further information is available from:

http://www.australianapprenticeships.gov.au/about/publications.asp

Mature Aged Worker Incentive

The Australian Government has a broad commitment to providing support for mature aged workers. Disadvantaged mature aged workers face particular barriers to employment and training. Therefore an employer of a disadvantaged worker (aged 45 years or older) may attract a special $750 Mature Aged Worker Commencement Incentive and an $750 Mature Aged Worker Completion Incentive.

Other incentives

Incentives and subsidies from $1,250 for most employers

An incentive to employ and train a New Apprentice in a skill classified as being 'in shortage' in rural and regional Australia - Rural and Regional Incentive
Assistance to employ and train Indigenous Australians - Wage Assistance Programme
Assistance to employ and train a person with a disability - Support for People with Disabilities

Other incentives and subsidies may be available from your State or Territory government. For detailed information select your State or Territory below:

How are these incentives and subsidies accessed?

For information on how to access these incentives and subsidies and the full range of incentives employers may be eligible for, contact a Australian Apprenticeship Centre in your region.

http://www.australianapprenticeships.gov.au/search/aacsearch.asp