Master Builders: Apprentice wage subsidy extension an economic boost
Master Builders Australia has celebrated the Federal Government’s 50% apprentice and trainee wage subsidy, saying it will create new job opportunities in the industry and lead economic recovery.
“The $1.2 billion extension of the Boosting Apprenticeship Commencements (BAC) scheme is will also be a boost for economic recovery,” Master Builders Australia chief executive Denita Wawn says.
“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.”
She also adds that 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.