The federal government's announcement on 29th Mar 2022 was great news for employers and apprentices looking to join the workforce in their chosen trade.
The Treasurer made industry skills and training a key focus of his budget speech.
"During this pandemic, we have already invested $13 billion in skills and training, with a record 220,000 Australians now in a trade apprenticeship, the highest level since records began in 1963," Mr Frydenberg said.
"Tonight, we go further, with a new, $2.8 billion investment to increase take-up and completion rates, providing $5,000 payments to new apprentices and up to $15,000 in wage subsidies for employers who take them on.
"Mr Speaker, in this budget, we also lay the foundations for national skills reform with a $3.7 billion investment, supporting an additional 800,000 training places, ensuring businesses get the skilled workers they need."
As part of this package, the government plans to provide $1.3 billion over five years from 2021-22 to support employers to engage and retain new apprentices.
The government is also committing to more than $9 million a year to provide more support for women commencing higher-paying trade occupations.
The above news is fantastic for any current employers who are currently subscribed or looking to join Keen2work.
Keen2Work specialises in helping employers find new apprentices - from listing available jobs to searching for candidates and making job offers.
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