Government to invest $2 Billion to Job Trainer Skills to boost economy

“Job Trainer will ensure more Australians have the chance to reskill or upskill to fill the jobs on the other side of this crisis,” the Prime Minister said.

 In a recently release media statement, the Government announced that it will invest $2 billion to present the masses of hundreds of Australians, the access to new abilties through retraining and upskilling them into sectors with employment opportunities, as the economic system recovers from COVID-19’.

 The JobTrainer skills package will also guarantee:

• Support for thousands of apprentices in jobs across the country by subsidising their wages to keep them employed and their training secured.

• An additional 340,700 training places to help school leavers and job seekers access short and,
• Long courses to develop new skills in growth sectors and create a pathway to more qualifications.
• Courses will be free or low cost in areas of identified need, with the Federal Government providing $500 million with matched contributions from state and territory governments.

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• An additional $1.5 billion to expand the wage incentive to help keep apprentices in work. It builds on the initial $1.3 billion package announced in March.
• The wage subsidy will now be available to medium businesses with less than 200 employees for apprentices employed as at 1 July 2020.

• Around 180,000 apprentices and 90,000 small and medium businesses that employ them will now be supported, with the program extended by six months to March 2021.

“This package will be essential as the economy rebuilds so that people looking for work can reskill and upskill for in-demand jobs, provide school leavers with a pathway into their careers, and ensure businesses are able to get the skilled workers they need,” Minister for Employment, Skills, Small and Family Business Michaelia Cash said

“The Supporting Apprentices and Trainees wage subsidy will now help almost 90,000 businesses employing around 180,000 apprentices and trainees throughout Australia,” Assistant Minister for Vocational Education, Training and Apprenticeships Steve Irons added.