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$vuetify.icons.faPhone1300 650 620

$10,000 incentive for home building apprentices starts today

Media release

$10,000 incentive for home building apprentices starts today

Media release
“Today marks the beginning of the Key Apprentice Program which will provide new commencing apprentices working in residential building trades with financial incentives totalling $10,000,” said Geordan Murray, HIA Executive Director - Future Workforce.

Under the Key Apprentices Program, eligible apprentices will receive $2,000 at 6, 12, 24, 36 months, and at the completion of their apprenticeship.

“It is critical that we accelerate the growth of the housing industry’s tradie workforce if we are to get anywhere near building the number of homes set out in the National Housing Accord,” added Mr Murray. 

“These incentives make apprenticeships in residential building trades far more appealing for those weighing up their career options. This should translate into much stronger numbers looking for apprenticeships.

“While we are optimistic about the government’s continued support for apprentices, encouraging young people into apprenticeships is only addressing part of the problem. 

“We also need to increase in the number apprentice jobs being created and boost the Vocational Education and Training sector’s capacity to deliver training. 

“While employers recognise the importance of training the next generation of tradies, many see apprenticeships as too costly or risky to justify within their business.

“Financial support for employers who create the training and employment opportunities for apprentices is critical if we’re serious about meeting skilled labour demand over the next decade. 

“There are existing commonwealth financial support measures available to employers, however, they are generally inadequate to encourage builders and trades to take on an apprentice. Current incentives are also only guaranteed until the end of 2025.

“A much longer-term commitment is needed, as businesses are already planning for their workforce needs in 2026 and beyond, and we need apprenticeships to be front of mind. 

“If the government wants to maximise apprentice uptake in 2026, it needs to provide businesses with certainty about whether any supports will exist beyond the conclusion of the existing scheme.

“It will be self-defeating if the Key Apprenticeship Program only increases the number of young people seeking apprenticeships, without increasing the volume of employers willing or able to take them on,” concluded Mr Murray.

For more information please contact:

Geordan Murray

Executive Director - ACT/Southern NSW

Joe Shanahan

Manager, Communications & Media
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