Australian Apprenticeship Incentive System
The Victorian Chamber of Commerce and Industry will be asking the Federal Government to reverse its decision to reduce the incentive payment to business to employ an apprentice.
We want to thank you for helping complete our recent survey on this issue.
However, we just need to get a bit more information from you which will help strengthen our case.
What are the changes.
Currently, employers receive up to $15,000 over 3 years to help with the costs of training an apprentice. From 1 July 2024, this payment has been reduced to up to $5,000 over the first year only for priority occupations only. Non-priority occupations now receive no incentives.
The Victorian Chamber is deeply concerned about this. We urge you to complete this survey so that we can understand more comprehensively the costs to your business of taking on an apprentice.
For further information on the Victorian Chamber’s policy work, please contact us at policy@victorianchamber.com.au.
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