Government Funding Incentives

The May 2022 federal budget makes a $3.7 billion commitment to skills training, plus a $1.3 billion investment in supporting apprentice and trainee recruitment.

Traineeship Qualifications Currently Available (provided by Future Institute)

Some of Future Institute’s training programs qualify for Government incentive / funding arrangements, via the traineeship model.

Traineeship Misconceptions

Many organisations will wrongly assume that because of the terms ‘apprentice’ or ‘trainee’, that this funding would not apply to them. That is not correct.  The BSB40520 Certificate IV in Leadership and Management and BSB50420 Diploma of Leadership and Management are both traineeships in WA.

Current Funding Arrangements

The current funding is for new employees (defined as being employed within the last 3 months) entering a traineeship.

Job and Skills WA Employer Incentive

 Jobs and Skills WA Employer Incentive  â€“ for a 12-month traineeship $2,125 per eligible new employee signed up into a traineeship.

Regular Federal Incentives for Apprentices and Trainees

Note: These incentives are affected by prior qualifications.

In addition, you may be eligible for the normal and additional $4,000 per person.

Eligibility

There are eligibility criteria for an employee to be signed up into a Traineeship.

Incentives and funding arrangements are generally restricted to Australian Citizens, Permanent Residents or NZ passport holders with more than 6 months’ residence.

Beyond this, eligibility requirements differ between schemes, with varying degrees of detail and complexity. For this reason, Future Institute operates as an industry specialist to monitor ongoing changes to Government incentive schemes. We also work closely with relevant Federal and State Government Agencies and Australian Apprenticeships Support Networks* to help facilitate the implementation of incentive and funding opportunities.

Future Institute assists its clients through every step and handles the administrative processes.

Contact Us

For more information, contact us on 1300 329 300 or fill out the contact form below.

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