$2 Billion skills package to deliver economic growth in Bonner
The Morrison Government will invest $2 billion to give hundreds of thousands of Australians access to new skills by retraining and upskilling them into sectors with job opportunities.
The new JobTrainer skills package will also guarantee support for tens of thousands of apprentices in jobs across Australia, including the Bonner electorate, by subsidising their wages to keep them employed and training secured.
The new $1 billion JobTrainer Fund will provide up to an additional 340,700 training places across Australia to help school leavers and job seekers access pre-apprenticeships, short courses and full qualifications 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 contributions matched by State and Territory Governments.
Prime Minister Scott Morrison said the JobTrainer skills package was focused on getting people into jobs.
“JobTrainer 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.
“COVID-19 is unprecedented, but I want Australians to be ready for the sorts of jobs that will come as we build back and recover.”
The package also includes an additional $1.5 billion to expand the wage incentive to help keep apprentices in work, which builds on the initial $1.3 billion package announced in March.
In addition to small businesses already covered, 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 employing them will now be supported, with the program extended by six months to March 2021.
The initiative covers 50 per cent of the wages paid to apprentices and trainees, up to $7000 per quarter.
Minister for Employment, Skills, Small and Family Business Michaelia Cash said the JobTrainer skills package would form a vital part of the national recovery efforts.
“Our nation has faced many challenges, and it is critical we keep our apprentices in jobs and help those looking for work,” Minister Cash said.
“This package will be essential as the economy rebuilds so 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.”
Assistant Minister for Vocational Education, Training and Apprenticeships Steve Irons said the expanded wage subsidy would more than double the number of supported apprentices and trainees.
“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 Irons said.
“This will dramatically improve the viability of tens of thousands of apprenticeships and the businesses employing them right across the country.”
Federal Member for Bonner Ross Vasta MP said the Skills Package would provide a much-needed boost to jobseekers and school leavers in his electorate to ensure jobseekers were trained in the skills needed by our local businesses community.
“Backing training, apprentices, and jobs is all part of the Morrison Government’s plan to restore our economy after the coronavirus pandemic and keep Australians in our local area in work.,” Mr Vasta said.
States and territories need to sign up to a new Heads of Agreement to access JobTrainer funding, with the agreement setting out immediate reforms to improve the vocational education and training sector, and providing the foundation for long term improvements as outlined by the Prime Minister in his recent speech to the National Press Club.