The Boosting Apprenticeship Commencements (BAC) and Completing Apprenticeship Commencements (CAC) wage subsidies have been extended with enrolments in BAC now open to the end of the 2021‑22 financial year (30 June 2022).
The BAC wage subsidy supports businesses and Group Training Organisations to take on new apprentices and trainees. Any business or Group Training Organisation that engages an Australian Apprentice between 5 October 2020 and 30 June 2022 may be eligible for a wage subsidy of 50% of wages paid to a new or recommencing apprentice or trainee for a 12-month period from the date of commencement, to a maximum of $7,000 per quarter.
After 12 months of this support employers will be eligible to transition to the time-limited CAC wage subsidy for the second and third years of an apprenticeship. Under the CAC, eligible employers will receive a 10% wage subsidy in the second year of an eligible apprenticeship, up to a maximum of $1,500 per quarter per apprentice, and a 5% wage subsidy in the third year of their apprenticeship, to a maximum of $750 per quarter per apprentice.
The BAC and CAC are available to employers of any size, industry or geographic location.
The closing date for enrolments for the BAC wage subsidy was due to end on 31 March 2022.
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