Earn
PM announces billion-dollar skills package
The national government has announced the next phase in its COVID-19 recovery plan, which includes getting Australians back to work after the pandemic.
PM announces billion-dollar skills package
The national government has announced the next phase in its COVID-19 recovery plan, which includes getting Australians back to work after the pandemic.
The government’s new JobTrainer program has announced that it will spend $2.5 billion to help reskill Australians and has expanded apprentice subsidies in its new-look JobTrainer program.
It will add $1.5 billion to wage subsidies for apprentices and trainees, expanding the scheme announced in March to cover medium-sized businesses with under 200 employees and extending it for six months, until March 2021.
The plan is backed by $500 million of Commonwealth money, with the federal government hoping state governments will match that amount.
“COVID-19 is unprecedented, but I want Australians to be ready for the sorts of jobs that will come as we build back and recover,” Prime Minister Scott Morrison said.
The remaining $1 billion of the funding (split between the federal government and states) will go towards JobTrainer to train and reskill school leavers and people looking for work.
Under this proposal, short courses will be free or low-cost and delivered through TAFE as well as other providers, focusing on areas including healthcare and social assistance, transport, postal, manufacturing, retail and wholesale trade.
Senator Michaelia Cash told the media, “The announcement will assist apprentices and trainees across Australia to remain in their jobs.”
“But it will also ensure we are creating hundreds of thousands of additional training places, working with states and territories in areas of great need,” she said.
The government said it wants the training to commence in September or October this year.
“You could be doing a short course in October this year at a low cost or no cost and going straight into a job.
“That is the whole point of the package. It is also the point of the government’s focus. You’ve got to ensure the training system is training people in areas of demand. Training must be linked to jobs,” Ms Cash said.
RELATED ARTICLES
About the author
About the author
Salary
The financial benefits of a diversified income stream
In today’s volatile economic environment, relying solely on a single source of income can be risky. Diversifying your income streams can provide financial stability, reduce the risk of financial ...Read more
Salary
Despite losing top spot, Elon Musk rakes in $400,000 hourly
Elon Musk, the entrepreneur known for his involvement in a wide range of innovative and technological businesses, has recently been dethroned as the wealthiest individual in the world, with Bernard ...Read more
Salary
Rising unemployment and skill shortages prompt Australian businesses to look globally for talent
Australia has witnessed its unemployment rate surging above 4% for the first time in two years, revealed by the latest Labour Force data. Read more
Salary
New findings link job mobility hurdles to stagnant wage growth
Recent research from the e61 Institute has unearthed significant links between slow wage growth in Australia and obstacles to job mobility, including non-compete clauses, complicated occupational ...Read more
Salary
Employers scrambling to prevent workplace brain drain
As workplace managers face a swiftly evolving employment market that’s increasingly favouring the demands of white-collar employees and jobseekers, bosses are falling under mounting pressure to ...Read more
Salary
Unions back Albanese’s pledge to close gender pay gap
An electoral promise from Labor to make gender pay equity an objective of the Fair Work Act has been hailed as a “watershed moment” from industry peak bodies who have traditionally advocated for ...Read more
Salary
Coles asked to disprove $115m in alleged wage theft
One of Australia’s biggest supermarkets faces allegations that it underpaid more than 7,500 employees a total of $115 million. Read more
Salary
Gen Z left behind in progress to gender equality
Women under 25 may emerge from the pandemic in a worse financial position than when it began, new research has shown. Read more
Salary
The financial benefits of a diversified income stream
In today’s volatile economic environment, relying solely on a single source of income can be risky. Diversifying your income streams can provide financial stability, reduce the risk of financial ...Read more
Salary
Despite losing top spot, Elon Musk rakes in $400,000 hourly
Elon Musk, the entrepreneur known for his involvement in a wide range of innovative and technological businesses, has recently been dethroned as the wealthiest individual in the world, with Bernard ...Read more
Salary
Rising unemployment and skill shortages prompt Australian businesses to look globally for talent
Australia has witnessed its unemployment rate surging above 4% for the first time in two years, revealed by the latest Labour Force data. Read more
Salary
New findings link job mobility hurdles to stagnant wage growth
Recent research from the e61 Institute has unearthed significant links between slow wage growth in Australia and obstacles to job mobility, including non-compete clauses, complicated occupational ...Read more
Salary
Employers scrambling to prevent workplace brain drain
As workplace managers face a swiftly evolving employment market that’s increasingly favouring the demands of white-collar employees and jobseekers, bosses are falling under mounting pressure to ...Read more
Salary
Unions back Albanese’s pledge to close gender pay gap
An electoral promise from Labor to make gender pay equity an objective of the Fair Work Act has been hailed as a “watershed moment” from industry peak bodies who have traditionally advocated for ...Read more
Salary
Coles asked to disprove $115m in alleged wage theft
One of Australia’s biggest supermarkets faces allegations that it underpaid more than 7,500 employees a total of $115 million. Read more
Salary
Gen Z left behind in progress to gender equality
Women under 25 may emerge from the pandemic in a worse financial position than when it began, new research has shown. Read more
