The Federal Government will continue to secure Australia’s economic recovery by expanding support to help apprentices finish their training - protecting the skills pipeline delivered under the government’s successful Boosting Apprenticeship Commencements (BAC) program.

The $3.9 billion BAC program will extend support into the second and third year of an eligible Australian Apprenticeship through the $716 million Completing Apprenticeship Commencements program. This will give employers the confidence to retain an apprentice in their second and third years of training right through to completion.

Under the new changes - from October 2021 - eligible employers will receive:

  • a 10 per cent wage subsidy in the second year of an eligible apprenticeship;
  • a five per cent wage subsidy in the third year.

The new Completing Apprenticeship Commencements program will help maintain a pipeline of skilled workers right across the economy - with 348,200 Australians training as at June 2021 (that's 30 per cent more than the previous 12 months).

In the McPherson electorate, more than 1,650 local apprentices have already been supported by wage subsidies.

For further information on how to apply for the program, including  eligibility, click here or contact an Australian Apprenticeship Support Network provider.

keep up with latest

Stay informed and up to date with member activity, local events and relevant business issues via our e-newsetters.

Subscribe

Our Valued Gold Members

Seagulls Club Fotoforce photography The Surf Club Coolangatta Rydges Gold Coast Airport The Pines Elanora A Gentle Touch Funerals Attwood Marshall Lawyers Southern Cross University Currumbin Wildlife Sanctuary ATCO STRUCTURES AND LOGISTICS Wyndham Destinations Asia Pacific REM Media Currumbin RSL The Star Entertainment Group Inology Australia Crowley Calvert and Holmes Pty Ltd The MBA Partnership STACKS -  LAW FIRM S & S Project Development Lee's Environmental SEE Group