What is the Job Accelerator Grant?
The State Government is introducing initiatives such as the $200 million Future Job Fund and an extension of the successful Job Accelerator Grant, offering $10,000 for each new employee hired. This was extended in the last State Budget to offer an additional $5000 across two years for each new apprentice or trainee.
Who is eligible?
Businesses with Australian taxable wages less than $5 million that increase their number of South Australian employees will be eligible for the Job Accelerator Grant. A separate claim can be made for each additional full-time, part-time and casual employee where that position is maintained for at least 12 months.
What is eligible employment?
The employment of a person is included in the grant scheme if the employment meets all of the following conditions:
- the person is employed in a new job on a full-time, part-time or casual basis, but not on a seasonal basis;
- the employment commences between 1 July 2016 and 30 June 2018 inclusive;
- the services of the employee are performed wholly or mainly in South Australia; and
- the employee is a South Australian resident.
Eligible employment includes the employment of an apprentice sourced from a Group Training Organisation such as Master Builders SA Apprentices.
How do I claim the grant?
You can claim online. An application for a grant must be lodged within 90 days after the first and/or second anniversary date of employment if the employment is eligible. If you do not claim within this 90 day period you will be ineligible for a grant.
This information was provided at Master Builders SA’s Quarterly Information and is available for download here.
For further information regarding the Job Accelerator Grant or industry updates mentioned at the seminar, contact Master Builders SA Apprentice Management on 08 8211 7466 or at email@example.com.