Federal Budget hiring subsidies expected to create more than 5000 new NT jobs
MORE than 5000 Territory jobs are expected to be created through new hiring subsidies outlined in the 2020 federal budget.
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MORE than 5000 Territory jobs are expected to be created through new hiring subsidies outlined in the 2020 federal budget.
Businesses will be provided with incentives to hire young people, especially between the ages of 16 and 35 years old.
For those that hire someone under 30, a JobMaker hiring credit will be paid for up to 12 months at the rate of $200 a week.
Businesses will also be offered a 50 per cent wage subsidy for every apprentice they hire.
The two new initiatives are expected to create about 5500 Territory jobs, according to projections from NT Treasury.
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Darwin business owner Martin Bouchier from Phat Mango, who has recently taken on two new young workers, said he thought the initiatives could be a great way to create more jobs.
One of the NT’s leading transition to work providers, YouthWorX, has seen a surge in young people accessing its services over the past few months.
“In Darwin, we’ve been quite fortunate to find employment for young people has not been as hard to come by as it’s been in other capital cities after our restrictions eased a lot quicker,” chief executive Elizabeth Reid said.
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“The largest uptakes for young people aged 15 to 24 have been in retail, construction, warehousing and logistics.
“We’ve also seen an increase in young Territorians participating in vocational training and getting certifications to increase their chances of employment during this pandemic.”
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