A 50 per cent subsidy for wages paid to apprentices is available to small businesses, including those using a Group Training Organisation, to help retain existing apprentices and trainees.
Employers of any size who re-engage an apprentice or trainee that has been displaced from a small business may also attract a wage subsidy.
The apprentice or trainee must have been in-training with a small business as at 1 March 2020.
Subsidies will cover wages paid from 1 January 2020 to 30 September 2020. Businesses will be reimbursed up to $7,000 per quarter, up to a maximum of $21,000, per eligible apprentice or trainee.
Final claims for payment must be lodged by 31 December 2020.
For further information on how to apply for the subsidy, including information on eligibility, contact an Australian Apprenticeship Support Network provider.
Extension of the Supporting Apprentices and Trainees measure
An extended wage subsidy of $1,500 per fortnight will be available to eligible Group Training Organisations where the Host Employer of any size is receiving the JobKeeper payment and retains their apprentice or trainee.
The apprentice or trainee must have been in-training with a Host Employer of any size as at 1 March 2020.
This change will apply retrospectively to wages paid from 1 April 2020 to 30 September 2020. Final claims for payment must be lodged by 31 December 2020.