Government funding to upskill your team

The Program

• Any business that engages an Australian Trainee on or after 5th October 2020 may be eligible for a subsidy of up to 50% of gross wages, up to 30 September 2021. 

• The Australian Trainee must undertake a Certificate II or higher qualification and has a training contract that is formally approved by the state training authority.

• Employers can apply for existing and new workers.

Relevance for real estate training

The REIV Traineeship to complete the CPP40307 Certificate IV in Property Services (Real Estate), qualifies for this subsidy. Find out more.

Please note, education requirements for the Estate Agent’s Licence will be changing soon. Read More

 

Eligibility requirements

Your business may be eligible if:

• You engage an Australian Trainee between 5 October 2020 and 30 September 2021

• Your Australian Trainee is undertaking a Certificate II or higher qualification

• Your Australian Trainee meets the following eligibility criteria from Section III Primary Eligibility:

  • Employment and Training Arrangements; and

  • Citizenship Status

• Your Australian Trainee has a training contract that is formally approved by the State Training Authority.

​The subsidy

• Eligible employers will receive a wage subsidy of up to 50 per cent of the Australian Apprentice’s gross wage paid.

• The wage subsidy is available for a maximum of $7,000 per quarter per eligible Australian Trainee.

• The subsidy is available for wages paid from 5 October 2020 to 30 September 2021.

• The subsidy is available to employers of any size, industry or geographic location.

• The subsidy is capped at 100,000 places.

• The subsidy is not available for any apprentice receiving any other form of Australian Government wage subsidy e.g. Supporting Apprentices and Trainees or JobKeeper.

• Payments will be made quarterly in arrears, with first claims for the subsidy available from 1 January 2021.

• Final claims for payment must be lodged by 31 December 2021.​

Who should consider this

This is a great opportunity to complete your Certificate IV in Property Services (Real Estate) CPP40307 in order to apply for your Estate Agent’s License.

The education requirements to apply for an Estate Agent’s License are changing soon. The BAC support will be available on the new training package, provided places are still available when the new courses open.
 

• Agents Representatives who are employed

  • You can continue to work while you study

  • Your employer will save money through the subsidy without any impact on your eligibility for any Skills Funding that you may be eligible for.
     

• Employers who want to upskill their teams and save costs

  • Retain and upskill your team while you save on salary costs
     

• Employers who attract new staff

  • BAC is available for new and existing staff. An opportunity to study while working can help attract new talent to your business

More Information

Review the links below for further information on the BAC:

• Boosting Apprenticeships Commencements fact sheet
• Questions and Answers factsheet
• Program guidelines

Getting Started

• Employers

  1. Identify the employees who would be interested in upskilling and collect information like current education levels.

  2. Download and complete the REIV Traineeship Form  

  3. Contact the REIV training team on [email protected] to register your interest and schedule a time for discussion

  4. Together review the REIV Traineeship program
      

•  Employees

  1. Review the REIV Traineeship program

  2. Share the BAC Fact Sheet with your employer

  3. Download and complete the REIV Traineeship Form

  4. Contact the REIV training team on [email protected] to register your interest and schedule a time for discussion