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 |