New $2 billion ‘JobTrainer’ stimulus announced by federal government to create 3200 spots in the NT
THOUSANDS of Territory job seekers will have access to free or cheap training courses under a $2 billion government package to be announced today.
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THOUSANDS of Territory job seekers will have access to free or cheap training courses under a $2 billion government package to be announced today.
The latest economic stimulus to be unveiled on Thursday will also expand an apprentice wage subsidy by six months to keep tradies in jobs through to March next year.
The package comes as the federal government prepares changes to its $70 billion JobKeeper package.
The new JobTrainer program will be funded by state and territory governments, with the federal government matching their contributions with up to $500 million.
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Prime Minister Scott Morrison said the program would help job seekers and school leavers develop skills in growth industries.
“COVID-19 is unprecedented but I want Australians to be ready for the sorts of jobs that will come as we build back and recover,” Mr Morrison said.
“The jobs and skills we’ll need as we come out of the crisis are not likely to be the same as those that were lost.”
It’s expected about 3200 training places will be available in the NT from September, with more than 340,000 available nationally.
Target industries will be identified by the National Skills Commission.
Current areas of need include health care, transport, postal and warehousing, manufacturing, retail and trade.
The package also involves an extra $1.5 billion to extend wage subsidies for apprentices, pushing that program out by six months to March 2021.
Medium businesses with fewer than 200 employees will join small businesses and become eligible for a 50 per cent subsidy to cover apprentices and trainees employed on July 1.
The change will boost the number of eligible apprentices and trainees from about 80,000 to 180,000.
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At the moment some 332 NT businesses hiring 536 apprentices and trainees are being supported by federal wage subsidies.