Video Conference with Senator the Hon Jane Hume, Assistant Minister for Superannuation | Financial Services | Financial Technology

BUDGET 2020: GETTING AUSTRALIANS BACK TO WORK

The Federal Government announced in the budget that Australian businesses will receive the 50 per cent wage subsidy, up to a cap of $7,000 per quarter, for commencing apprentices and trainees.

Minister for Employment, Skills, Small and Family Business, Michaelia Cash said at the 2020 Federal Budget Briefing video conference today, “I am pleased to advise that to invest further in Australia’s training system and skills pipeline, the Government has committed an additional $1.2 billion through our Boosting Apprenticeship Commencements Wage Subsidy, to boost the number of new apprenticeships and traineeships.”

Minister Cash said, “I strongly encourage Chamber members to explore taking up the apprenticeship wage subsidy, to drive employment and growth and get Australians back into jobs.”

At this video conference Minister Cash provided Chamber members a briefing on the 2020 Federal Budget provisions for Australian small and medium businesses, including measures to stimulate Australia’s economic recovery, investment and jobs.