In order to support all residents and the national economic, the Australian Government's Economic Response to the Coronavirus has been applying various subsidies from now. During the 9 months from 1 January 2020 to 30 September 2020, the Government is supporting wage paid for small business to retain their apprentices and trainees.
A 50 per cent wage subsidy of the maximum of $21,000 will be available to small businesses which employ fewer than 20 full time employees, including Group Training Organisation, to retain their apprentice or trainee ($7,000 per quarter).
The subsidy will also be available to new employer of any size that re-engage an eligible apprentice or trainee who would otherwise lose their job.
Employer can access the subsidy after an eligibility assessment which would be undertaken by an Australian Apprenticeship Support Network (AASN) provider.
Timing: Employers can register for the subsidy from early-April 2020 to 31 December 2020.
Source & Further information is available at: • Australian Government (Department of Education, Skills and Employment) website at: https://www.employment.gov.au/
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