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Finance Minister Mathias Cormann says the Morrison government has stepped in to boost numbers with a new $1.2 billion apprentice job scheme, as industry trainee positions continue to drop. The program will subsidize half the salary of apprentices and trainees in any industry for one year at up to $7,000 per quarter. Mr Cormann described the new program as a “very significant measure” which will make a big difference for businesses in hospitality and construction.
MathiasCormann ScottMorrisonMP
MathiasCormann ScottMorrisonMP Oh wow! ScottyFromMarketing is making yet another announcement about about I gotta something in the future... sometime. ScottyAnnouncerInChief
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Morrison government unveil $1.2B apprentice job scheme | Sky News AustraliaThe federal government has unveiled a $1.2 billion jobs scheme ahead of the October budget.\n\nIt will subsidize half the salary of apprentices and trainees in any industry for one year at up to $7,000 per quarter.\n\nFrom Monday, industry businesses who hire or re-hire an apprentice or trainee will be eligible, but applications will be capped at 100,000 nationwide.\n\nThe move has been welcomed by the hospitality and construction sectors, where thousands of trainee staff have been laid off.\n\nBusinesses already on another program including JobKeeper will not be eligible for the scheme.\n Its a scam.....apprentice wage subsidies for small business have been available for ages. Considering those businesses already receiving assistance are ineligible this is almost certainly targeted at LNP donors. Once again the Morriscam government announcing old spending initiatives as if they are new. Meanwhile back on the ranch..
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Extension, price-cap increase of First Home Loan Deposit Scheme ‘reflects’ expensive prices | Sky News AustraliaThe government's announcement of an extension and price-cap increase in Melbourne and Sydney for its First Home Loan Deposit Scheme reflects the expensive nature of those markets, REA Group Chief Economist Nerida Conisbee says.\n\nThe scheme will be extended to a further 10,000 Australians – allowing first home buyers to get a loan for a home with a deposit as low as five per cent.\n\nMs Conisbee gave a run-down of some areas people can find a bargain.\n\n“We track views per listing on a suburb basis around Australia every month, so it does give a fair idea as to what is popular and what isn’t,” she said.\n\n“In Melbourne there are some areas that are always very popular: you’ve got area like Forest Hill and Box Hill which always rank in the top 100 in Australia but have really plummeted in terms of popularity – primarily due to the fact they do have high proportion of overseas-born.\n\n“Melbourne obviously is very challenged at the moment in terms of being able to sustain sales levels so there isn’t much on market.\n\nAt the moment, if you really want to get into the market, if you’re a first-home buyer, it might be worthwhile having a look at many of those locations.” Too Little, Too Late The market has been so inflated by overseas investors that owner/occupiers & first home owners are prices out of the market. springst auspol Tax payer money should not be spent speculating on unproductive and illiquid plots of dirt that are not supported by incomes and already shaking under a mountIan of pointless debt BREAKING: One News Corp boss tell another News Corp person to publish a promotional article to cross promote another News Corp business.
Source: SkyNewsAust - 🏆 7. / 78 Read more »