ROOT
Apprenticeship wage subsidy scheme extended by 70k new places
The wage subsidy scheme for apprentices and trainees has officially been extended by another year, a move that is expected to generate around 70,000 new apprentice and trainee places.
Apprenticeship wage subsidy scheme extended by 70k new places
The wage subsidy scheme for apprentices and trainees has officially been extended by another year, a move that is expected to generate around 70,000 new apprentice and trainee places.
The federal government has announced a $1.2 billion investment to expand its Boosting Apprenticeship Commencements wage subsidy program for a full 12 months for new apprentices and trainees signed up prior to 30 September 2021.
According to the Prime Minister, the scheme had reached its limit and has helped to create 100,000 apprenticeships in less than five months. As such, the cap is now being removed, providing assurance to employers who are eligible but missed out on a place in the initial 100,000 limit cap.
“Creating jobs, generating economic opportunities and boosting the skills of workers right across Australia are at the heart of our National Economic Recovery Plan as we build back from the COVID-19 recession,” Scott Morrison said in a statement on Tuesday.
“With 100,000 new apprenticeship positions already snapped up, it highlights the confidence businesses have in the future of the Australian economy,” he added.
The program launched at the height of the COVID crisis was a means for the government to secure work for apprentices to keep the economy ticking through the worst crisis it had seen in decades.
It is also said to have assisted almost 40,000 businesses to take on new Australian apprentices or trainees, helping the creation of more than 8,000 bricklayers, 6,000 electricians, and almost 11,000 people in retail and hospitality work.
But the program’s extension comes as questions around ongoing support for businesses are being raised, with JobKeeper due to be wound back at the end of the month.
Speaking on Sky News, Treasurer Josh Frydenberg refused to confirm aviation grants and interest-free business loans are being implemented, but confirmed “we’re still working through the final details of that package”.
“The Prime Minister, myself, the Deputy Prime Minister and the Tourism and Trade Minister will have more to say in coming days,” Mr Frydenberg said.
RELATED ARTICLES
About the author
About the author
Earn
Australia’s entrepreneur boom: August 2025 breaks records with over 100,000 new ABNs
Australia is witnessing an unprecedented surge in entrepreneurship, with the latest figures revealing a record-breaking number of new business registrations in August 2025. According to the newly ...Read more
Earn
Beyond the cash rate: How affordability reshaped Australia’s property playbook in 2025
Australian buyers are less fixated on interest rates and more constrained by affordability, a pivot that is quietly rewriting strategies for banks, developers and institutional investorsRead more
Earn
Australia’s rate cut revealed: What it means for property, profits and the months ahead
The RBA’s 25-basis-point cut to 3.6% extends the easing cycle and resets the calculus for households, lenders and property operators. Expect a faster spring selling season and a sharper rate war, but ...Read more
Earn
Beyond the sticker price: decoding a property’s real value in a volatile market
As prices in several Australian cities keep defying slower growth and higher rates, the question isn’t what a property costs—it’s what it’s truly worth. Value today is a stack: cash flows, replacement ...Read more
Earn
Cohorts, credits and competition: decoding Australia’s retirement reform consultation
Can a $3.9 trillion super system finally crack the ‘last mile’ of retirement? Canberra’s consultation on cohort-based retirement solutions aims to move beyond accumulation-era thinking, with ...Read more
Earn
Australian employment data shows mixed signals as full-time jobs rise despite overall decline
Australia's employment landscape presented mixed signals in May, with overall employment declining despite a strong rise in full-time positions, according to analysis of the latest Labour Force dataRead more
Earn
Millennials face 'generational squeeze' as most vulnerable group in retirement
Millennials will be the most vulnerable demographic to face the "generational squeeze" in retirement, caught between supporting elderly parents and adult children while funding their own later years, ...Read more
Earn
Top workplaces for women in 2025 highlight progress in gender equity and inclusive leadership
Australia’s top workplaces for women in 2025 have been announced, recognising companies that are leading the way in gender equity, flexible work arrangements and inclusive leadership development. Read more
Earn
Australia’s entrepreneur boom: August 2025 breaks records with over 100,000 new ABNs
Australia is witnessing an unprecedented surge in entrepreneurship, with the latest figures revealing a record-breaking number of new business registrations in August 2025. According to the newly ...Read more
Earn
Beyond the cash rate: How affordability reshaped Australia’s property playbook in 2025
Australian buyers are less fixated on interest rates and more constrained by affordability, a pivot that is quietly rewriting strategies for banks, developers and institutional investorsRead more
Earn
Australia’s rate cut revealed: What it means for property, profits and the months ahead
The RBA’s 25-basis-point cut to 3.6% extends the easing cycle and resets the calculus for households, lenders and property operators. Expect a faster spring selling season and a sharper rate war, but ...Read more
Earn
Beyond the sticker price: decoding a property’s real value in a volatile market
As prices in several Australian cities keep defying slower growth and higher rates, the question isn’t what a property costs—it’s what it’s truly worth. Value today is a stack: cash flows, replacement ...Read more
Earn
Cohorts, credits and competition: decoding Australia’s retirement reform consultation
Can a $3.9 trillion super system finally crack the ‘last mile’ of retirement? Canberra’s consultation on cohort-based retirement solutions aims to move beyond accumulation-era thinking, with ...Read more
Earn
Australian employment data shows mixed signals as full-time jobs rise despite overall decline
Australia's employment landscape presented mixed signals in May, with overall employment declining despite a strong rise in full-time positions, according to analysis of the latest Labour Force dataRead more
Earn
Millennials face 'generational squeeze' as most vulnerable group in retirement
Millennials will be the most vulnerable demographic to face the "generational squeeze" in retirement, caught between supporting elderly parents and adult children while funding their own later years, ...Read more
Earn
Top workplaces for women in 2025 highlight progress in gender equity and inclusive leadership
Australia’s top workplaces for women in 2025 have been announced, recognising companies that are leading the way in gender equity, flexible work arrangements and inclusive leadership development. Read more
