Apprenice wage subsidy extension a boost for jobs and economic recovery

THE EXTENSION of the Federal Government’s 50 percent apprentice and trainee wage subsidy will provide new job opportunities in the industry that is spearheading economic recovery.

"The $1.2 billion extension of the Boosting Apprenticeship Commencements (BAC) scheme is will also be a boost for economic recovery,” Denita Wawn, CEO of Master Builders Australia said.

“Governments around the country are harnessing the building and construction industry’s huge economic multiplier effect to accelerate the build to economic recovery. The extension of BAC will give employers confidence to take on new apprentices and trainees to help meet future demand for skills.

“Master Builders Australia called for the extension of employer support to take on apprentices and trainees in our Pre-Budget Submission especially given the major success of the program so far,” Ms Wawn said.

“Making the extended program demand driven is a good move that will support more people to take up pathways to careers in our industry as it leads the build to economic recovery."

www.masterbuilders.com.au

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