Apprenticeship subsidy for 2022
The federal government will expand its apprenticeship wages subsidies program to also cover apprentices in their second and third years.
Currently, eligible employers get a 50 percent wage subsidy paid to first-year apprentices who started work between October 5, 2020 and March 31, 2022. But from October 2021, eligible employers receive a 10 percent wage subsidy for second-year apprentices and five percent for third-year apprentices.
The subsidy is paid over a 12-month period, with a maximum of $7,000 per quarter.
More information about the Boosting Apprenticeship Commencements program is available here.