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The Boosting Apprenticeship Commencements (BAC) program is to expand support to help apprentices and trainees finish their training. Under the changes, from October 2021 eligible employers will receive a 10% wage subsidy in the second year of an eligible apprenticeship and 5% in the third year.
The BAC wage subsidy supports businesses and Group Training Organisations to take on new apprentices and trainees. Through the program, any business or Group Training Organisation that engages an Australian Apprentice between 5 October 2020 and 31 March 2022 may be eligible for a 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 may now be eligible to transition to the time-limited Completing Apprenticeship Commencements (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.
For more information on how to apply and eligibility for BAC and CAC.
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