The Federal Liberal Government will invest more than $264 million to support the creation of up to 80,000 new apprenticeships over the next five years to address critical areas of skill shortages in Australia.
Federal Member for Pearce, Christian Porter, announced as part of the 2019-20 Budget a new Additional Identified Skills Shortage (AISS) incentive payment which will commence from 1 July 2019.
The AISS will mean:
Eligible apprentices receive a payment of $1,000 after completing the first year of their apprenticeship, and an additional $1,000 once they’ve finished the apprenticeship; and
Eligible employers will benefit from a payment of $2,000 one year after engaging a new apprentice, and a further $2,000 on completion of the apprenticeship
“The new incentive is a financial boost for young Australians considering a career in areas of skill needs with benefits to both employers and industry,” Mr Porter said.
“We want to create a pipeline of new apprentices to address areas of national skill shortage. This new incentive payment will boost the supply of skilled workers and help more Australian businesses to grow.”
The AISS will be in addition to any payments apprentices or employers may be eligible for under existing Australian Government programs, such as trade support loans or the Australian Apprenticeship Incentives Program.
Mr Porter said the AISS will focus on skill areas where there is ongoing national need, particularly trade skills which are essential for the Pearce economy and future economic growth.
“Occupations eligible for the new AISS payments include carpenters and joiners, plasterers, plumbers, bakers and pastry cooks, hairdressers, vehicle painters, air-conditioning and refrigeration mechanics, wall and floor tilers, arborists, bricklayers and stonemasons,” Mr Porter said.
“This incentive will provide benefits that flow throughout our community – from our new apprentices who have a career path, to local businesses that have access to skilled local workers.”
To be eligible, apprentices must be new to the employer and commencing a Certificate III or IV level qualification on the AISS list.