World News – AU – Builders support increase in apprentice wage subsidy

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$ 1 from the federal government A $ 2 billion commitment to support 100,000 new apprentices or trainees will increase opportunities for young people and business confidence in the building and construction industry

Master Builders Australia CEO Denita Wawn said: « Young people and building and construction companies will be the big winners of this new 50% wage subsidy »

« The confidence of building and construction companies to hire apprentices has been further shaken by the COVID crisis and help from the federal government will ensure their commitment to invest in the future of their business and the future workforce – work in the building sector, « she says

“We know that the building and construction industry is taking much longer than the rest of the economy to recover from the economic downturn and that this 50% wage subsidy will give our industry confidence in the ability to continue to train its future workforce on a sustainable basis, ”Denita Wawn said

« Our members need to be sure that they can and should continue to invest in the future capacity of their businesses despite the dramatic collapse in demand that we are currently witnessing, and expect it to worsen , especially over the next 12 months, ”she said

“This $ 1The government’s $ 2 billion investment is undoubtedly good news, but its effectiveness will be blunted without further stimulus to sustain and activate demand for construction and construction services,” said Denita Wawn

Apprenticeship, intern, salary, job, grant, Australian federal budget, government

World News – UA – Builders Back Apprentice Wage Subsidy Boost


SOURCE: https://www.w24news.com

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