The Federal Government announced
in their May budget a decrease in traineeship funding from $4,000 to
$3,000. This change affects those industries not contained on the .
On the July 1, 2012, the changes to this funding
came in effect.
Another significant change to traineeship funding is the
removal of the commencement claim. Previously clients were able to claim $1,500
of the $4,000 three months after the commencement of a traineeship funding
program. The entire funding amount is now paid on completion of the
qualification by each participant.
This change does apply to the Competitive Manufacturing
(CM) and Competitive Systems and Practices (CSP) qualifications. However, as
our clients have already experienced, the productivity gains from the CM and
CSP programs far outweigh any training costs associated.
In some states Glass and Glazing qualifications still
attract funding of up to $4,500.Please contact or on 1800 886 269 for more information on funding.