Minister for Small and Family Business, Skills and Vocational Education, Michaelia Cash, has just announced that effective 1 July 2019, eligibility for the Support for Adult Australian Apprentices (SAAA) payment will be extended to employers taking on eligible apprentices aged 21-24.
Currently only available for employers taking on eligible apprentices aged 25 and over, the one-off SAAA payment of $4,000 will be available to employers who hire and sign up eligible Australian Apprentices aged 21 to 24 years studying a Certificate III or IV level qualification in a trade or industry identified as experiencing a national skills shortage.
“Extending the incentive payments initiative for adult apprentices will support 12,500 apprentices over three years…from 2019-20,” Minister Cash said.
The extended SAAA payment eligibility not only aims to create more employment and training opportunities for adult apprentices but also to increase the skills and capabilities of local industry.
To see how the extended SAAA payment can create opportunities for your business, get in touch with your local apprenticeship centre though this website