Navigating Federal Government Apprenticeship Wage Subsidies

Navigating Federal Government Apprenticeship Wage Subsidies

What is the difference between the Boosting Apprenticeship Commencements and the Completing Apprenticeship Commencements?

Whilst both were designed as part of the Federal Government’s commitment to building a skilled economy, The Completing Apprenticeship Commencements is simply the next amount of financial support available to businesses eligible to receive the Boosting Apprenticeship Commencements Wage Subsidy.

Designed to ease the transition from the 50% Wage Subsidy for first year apprentices, attached to the Boosting Apprenticeship Commencements, eligible employers of apprentices and trainees will then be eligible for the Boosting Completing Apprenticeship Commencements wage subsidy, for the second and third years of the apprenticeship.

 Boosting Apprenticeship CommencementsCompleting Apprenticeship Commencements
Who is this Wage Subsidy for?Businesses that engage an eligible Australian Apprentice or Trainee between 5 October 2020 and 31 March 2022 may be eligible for these subsidies.
Wage Subsidy %1st Year: 50% of a new or recommencing apprentice’s wages over the first 12 months of the apprenticeship or traineeship
2nd Year: 10% wage subsidy for the for the Second Year of an eligible apprenticeship or traineeship
3rd Year: 5% wage subsidy for the Third Year of an eligible apprenticeship
Maximum AmountUp to $7,000 per quarter 2nd Year: a maximum of $1,500 per quarter3rd Year: a maximum of$750 per quarter
Who is eligible?Employers of any size, or industry, Australia-wide who commence an Australian Apprentice or trainee between 5 October 2020 and 31 March 2022 may be eligible under this program.
Are employers eligible for the Boosting Apprenticeship Commencements and Completing Apprenticeship Commencements measures if they are receiving other Commonwealth subsidies?An employer may not be eligible for the Boosting Apprenticeship Commencements or Completing Apprenticeship Commencements subsidies where the apprentice is receiving another form of Australian Government wage subsidy e.g. the JobMaker Hiring Credit. Where an employer is eligible for multiple subsidies, the employer will need to choose which payment best supports their circumstances.
Are employers also eligible for other payments under the Australian Apprenticeships Incentives Program?Yes, employers receiving Boosting Apprenticeship Commencements and the Completing Apprenticeship Commencements wage subsidies may be eligible for other incentives available under the Australian Apprenticeships Incentives Program, subject to eligibility criteria being met. This includes State Government based grants and wage subsidies.

Click here to see the Department of Skills, Education and Employment BAC and CAC Question and Answers.