New changes to the SAT wage subsidy mean more businesses are now eligible

19 August, 2020

In response to the ongoing COVID-19 situation, the Australian Government has extended and expanded its’ Supporting Apprentices and Trainees (SAT) subsidy. This subsidy will assist 180,000 apprentices and trainees in 90,000 small and medium businesses.

In addition, the government has also announced the JobTrainer initiative, to retrain and upskill hundreds of thousands of Australian workers into sectors with strong growth opportunities.

Who is eligible?

The SAT wage subsidy now includes medium-sized businesses which had an apprentice in place as at July 1st 2020. Eligible employers can apply for a wage subsidy of 50% of an eligible apprentice or trainee’s wages, to a maximum of $7,000 per quarter, paid up until March 31st 2021.

This is in addition to the existing support for small businesses, and applies to wages paid from July 1st 2020 until March 31st 2021. Subsidies are also available to any new employer who re-engages an eligible apprentice who was displaced by an eligible small or medium sized business.

Your small business may be eligible if:

  • You employ fewer than 20 people, or
  • You are a small business with fewer than 20 people, using a Group Training Organisation (GTO), and
  • The apprentice or trainee was undertaking an Australian Apprenticeship with you on July 1st 2020 for claims after this date. Claims prior to July 1st 2020 will continue to be based on the March 1st 2020 eligibility date

Your medium-sized business may be eligible if:

  • You employ fewer than 200 people, or
  • You are a medium business with fewer than 200 people using a Group Training Organisation (GTO), and
  • The apprentice or trainee was undertaking an Australian Apprenticeship with you on July 1st 2020.

Claims from small businesses are now open, while claims from medium-sized businesses will open on October 1st 2020. Final claims for payment must be lodged by June 30th 2021.

You can find more information about SAT here.

JobTrainer

The Federal Government is investing in the JobTrainer skills package, which will help retrain and upskill hundreds of thousands of Australians in emerging sectors as part of the COVID-19 economic recovery. JobTrainer also offers support for thousands of apprentices by subsidising their wages to ensure their ongoing employment and training.

JobTrainer will create up to an additional 340,700 training places for school leavers and job seekers, in both short and long courses, to develop their skills and gain qualifications.

For more information, contact your local apprenticeship experts today! Call 13 MEGT (6348) or email anpinfo@megt.com.au