BAC Wage Subsidy extended to 30 June 2022

This is a reminder that the Federal Government has extended the Boosting Apprenticeship Commencements (BAC) Wage Subsidy initiative to 30 June 2022.

This means you now have approximately 6 weeks to employ an apprentice and get them registered for the subsidy.

Employers that take on an apprentice or trainee before 30 June 2022 gain access to:

  • 50 per cent of the eligible Australian Apprentice’s wages in the first year, capped at a maximum payment value of $7,000 per quarter per Australian Apprentice;
  • 10 per cent of the eligible Australian Apprentice’s wages in the second year, capped at a maximum payment value of $1,500 per quarter per Australian Apprentice; and
  • 5 per cent of the eligible Australian Apprentice’s wages in the third year, capped at a maximum payment value of $750 per quarter per Australian Apprentice.

For more information about the BAC Wage Subsidy Scheme including whether you are eligible and how to apply, please read the Boosting Apprenticeships Commencements Fact Sheet here.