Australian Government Announced to Give Businesses $1.2 Billion in Wage Subsidies Program

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Australian Government Announced to Give Businesses $1.2 Billion in Wage Subsidies Program

  • 70,000 New Apprentices for Students
  • Apprenticeship Program will Boost Jobs for International Students
  • Subsidy Expanded for the next 12 months

Australian Government has announced thousands of new job opportunities for apprentices and trainees in 2021. The Boosting Apprenticeship Commencements wage subsidy program for new trainees and apprentices will be of 12 months who have signed up before 30 September 2021.

Prime Minister Scott Morrison said that their government has been working for people who are looking for work in Australia under the National Economic Recovery Plan.

“Australian economy is underway according to the National Accounts, however, many businesses are in need of support, and it’s our duty to provide opportunities to apprentices and trainees to stay employed by boosting their skills.”

“By expanding wage subsidy for another 12 months, we’ll be helping businesses to create even more jobs, further supporting our National Economic Recovery Plan for Australia,” he added.

Australian employers will receive up to $7000 quarterly for hiring or keeping apprentices as the government expands the program it launched in 2019.

He said a first-year wage subsidy has eased the burden on business in Australia, by supporting youth in their least productive years.

Michaelia Cash Minister for Employment, Skills, Small and Family Business said that the Wage Subsidies Program 2021 will help more people into jobs.