Federal Government Financial Benefits
Federal Government incentives are payments to provide support with the costs of training, purchase of relevant tools, and move from the family home and other associated costs to commence a Traineeship or Apprenticeship.
Living Away from Home Allowance
Youth Allowance, Austudy and ABSTUDY
The Tools for Your Trade payments are five tax exempt payments provided to support Apprentices who are undertaking a Certificate III or IV level qualification leading to a Skill Shortage trade occupation. The payments, totalling $3,800 will be delivered over the life of the Apprenticeship.
- $800 payable after 3 months
- $800 payable after 12 months
- $800 payable after 24 months
- $700 payable after 36 months
- $700 payable upon successful completion of the Australian Apprentice
Support for Adult Australian Apprentices
Support for Adult Australian Apprentices is paid to an employer or an apprentice depending on the actual wage paid to the Apprentice. The Apprentice must be aged 25years or over at the time they commence their Apprenticeship and undertaking a Certificate III or IV level qualification in a Skill Shortage trade occupation.
The rate for a full-time Apprentice is $150 per week (up to a maximum of $7800 per annum) for the first year of the Apprenticeship and $100 per week (up to a maximum of $5200 per annum) for the second year. The rate for part-time Apprentices is $75 per week for the first 24 months and $50 per week for the second 24 months.
Living Away from Home Allowance
The Living Away From Home Allowance is an allowance to help Trainees or Apprentices who have to move from their family home to undertake a Traineeship or Apprenticeship. This allowance is available to eligible full and part-time employees during the first three years of their traineeship or apprenticeship.
- $77.17 per week for the first 12 months
- $38.59 per week for the second 12 months
- $25.00 per week for the third 12 months
Youth Allowance, Austudy and ABSTUDY
The Australian Government provides fortnightly financial support delivered through Centrelink’s Youth Allowance, Austudy and Abstudy payments, subject to the application meeting the eligibility criteria, eg. a personal and parent’s income and assets assessment.
For further information call 13 36 33 or visit Centrelink.
- James Grima
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CEO
Positive Training Solutions
- Mark Chandler
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National Operations Manager
Skilltech Consulting Services Pty Ltd
- Lauren St. Clair
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Learning & Development Manager
Publicis Loyalty & Publicis Learning
- Kirrily Holland
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L&D Coordinator
Ford Motor Company of Australia
- Paul Castricum
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Workplace Trainer
Chisholm Institute
- Jessica Jones
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Traineeship Coordinator
The Real Estate Institute of Victoria (REIV)
- Sara Lyons
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Acting Associate Director of Health
Holmesglen Institute
