The objective of the Australian Apprenticeships
Incentives Programme is to contribute to the development of a highly skilled
and relevant Australian workforce that supports economic sustainability and
competitiveness.
This is achieved by:
·
providing genuine opportunities for skills-based training and
development of employees by providing incentives to employers who employ
eligible Australian Apprentices; and
·
encouraging people to enter into skills-based training through an
Australian Apprenticeship by providing personal benefits.
The Programme contains a range of employer
incentives and personal benefits which are detailed below.
Payment of incentives and personal benefits is
subject to employers and Australian Apprentices satisfying eligibility criteria
as set out in the Australian Apprenticeships Incentives Programme Guidelines.
Incentives
Employer incentives
There are a number of incentives currently
available to eligible employers of Australian Apprentices. Each incentive
payment has a number of eligibility criteria that will be assessed by an
Australian Apprenticeship Centre.
Current incentives:
·
Commencement incentives
·
Recommencement incentives
·
Completion incentives
·
Rural and Regional Skills Shortage Incentive
·
Declared Drought Area Incentives
·
Mature Aged Workers Incentives
More detailed information is available in the Summary of the Australian
Government Australian Apprenticeships Incentives Programme information
sheets.
Personal benefits for
Australian Apprentices
There are a number of personal benefit payments
available to Australian Apprentices.
Each personal benefit payment has a number of
eligibility criteria that will be assessed by an Australian Apprenticeship
Centre.
Current personal benefits:
·
Support for Adult Australian
Apprentices (please note the apprentice payment of Support for
Adult Australian Apprentices will cease from 1 July 2015)
More detailed information is available in the Summary of the Australian
Government Australian Apprenticeships Incentives Programme information
sheets.
Trade Support Loans
In order to support Australian Apprentices and
help them to meet everyday costs whilst they undertake their training, eligible
apprentices will be able to apply for Trade Support Loans. These loans provide up to $20,000
worth of income contingent loans and are paid monthly in arrears.
Apprentices will not have to repay the loans
until they are earning an income above the minimum repayment threshold. In
order to maintain the real value of the loans, the loan amount will be indexed
according to the Consumer Price Index.
Apprentices who successfully complete their
apprenticeship will receive a 20% discount on their loan amount.
National Skills Needs List
The National Skills Needs List identifies trades
that are deemed to be in national skill shortage.
The National Skills Needs List is used to
determine eligibility for the following employer incentives and personal benefits
available under the Australian Apprenticeships Incentives Programme:
·
Rural and Regional Skills Shortage incentive; and
You can download a copy of the National Skills Needs List.
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