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FINANCIAL INCENTIVES


Financial incentives from the Australian Government

To assist your business, you may be eligible for a number of significant financial incentives and personal assistance if you take on an Australian Apprentice. Both the Australian Government and State/Territory Governments offer incentives.

They are designed to help reduce the real cost of training and to encourage you to offer employment-based training to people so they can acquire and expand their working skills.

Incentive

 

Certificate II Level

Certificate III/IV Level#

Commencement Incentive

$1250

$1500

Mature Aged Worker Commencement Incentive

Payable in addition to the Commencement Incentive when you employ a Mature Aged Australian Apprentice 45 years or older, meeting special eligibility criteria.

$750

$750

Australian School-based Apprenticeship
- Additional Commencement Incentive

Payable in addition to the Commencement Incentive when you employ an Australian School-based Apprentice.

$750

$750

Innovation Incentive

Payable in addition to the Commencement Incentive when you employ an Australian Apprentice undertaking a qualification under an Innovation Training Package.

N/A

$1100

Rural and Regional Skill Shortages Incentive

Payable in addition to the Commencement Incentive when you employ an Australian Apprentice at Certificate III/IV Level in an identified skill shortages occupation in a rural area.

N/A

$1000

Australian School-based Apprenticeship Retention Incentive

Payable to an employer who continues to employ a Certificate II to IV level Australian School-based apprentice after the student has completed year 12.

$750

$750

Recommencement Incentive

Payable to employers recommencing an Australian Apprentice who is out of trade.

N/A

$750

Completion Incentive

Payable to the employer when the Australian Apprentice successfully completes their qualification (and issue of Vocational Certificate in South Australia only).

N/A

Up to $2500

Mature Aged Worker Completion Incentive

Payable in addition to the Completion Incentive, when the Mature Aged Australian Apprentice successfully completes their qualification.

$750

$750

For more detailed information about the financial incentives you may be eligible for, or to find your nearest Mission Australia Australian Apprenticeships Centre, please call 1300 626 227.

# Selected higher level qualifications