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Existing employee traineeships changes effective 1 July 2012

Release Date

21 June 2012

As announced in the 2012/2013 Federal Budget, changes to Government Funded Traineeships will come into effect as of 1 July 2012.

A discontinuation of $1,500 standard employer commencement incentive payment for existing employees who are converted to an apprenticeship/traineeship that is not on the National Skills Needs List, saving $353.7m over four years. Employers of these apprentices/trainees will however be eligible for the $500 increase to the standard completion payment.

Click here for full CCIQ Federal Budget commentary and review.

What does this mean for you?

Existing employees who are currently eligible for up to $4000 funding from the government, will now be eligible for $3000 as of 1 July 2012.

Currently, an existing employee is eligible for up to a $1500 commencement payment, after completing three months of the apprenticeship or traineeship, and is eligible for up to a $2500 completion payment, at the completion of the qualification. After 1 July 2012, the full funding paid to eligible employers of the existing employee of up to $3000 will be paid in full at the completion of the apprenticeship or traineeship.

Click here to see the Queensland Government Department of Education, Training and Employment’s definition of an existing worker.

How can we help?

Australian Business Training Solutions currently facilitates government funding requests in Queensland, and will be able to expand this offer into New South Wales in the near future.

For more information on the funding changes, please contact one of Australian Business Training Solutions’ training consultants on
1300 572 439
, or the Queensland Government Department of Education, Training and Employment on 1800 210 210.

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