VERTO CEO Ron Maxwell believes the Federal Government's proposed $1.2 billion wage subsidy scheme for apprentices and trainees will have a positive impact across Bathurst and the Central West.
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Mr Maxwell hailed the funding as a 'much needed investment in Australia's long-term future'.
"Unfortunately thousands of apprentices, trainees and employees have been severely impacted by the COVID-19 pandemic since February this year, but this investment for apprentices and trainees is outstanding news," he said.
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Mr Maxwell said the funding announcement would help not only young people who are worried about finding a job post HSC, but also older people needing to retrain, and employers who are struggling to afford trainees amid the pandemic.
"Under this new subsidy scheme, employers will be eligible for 50 per cent of the wages for a new or recommencing apprentice or trainee for the period up to 30 September 2021, up to $7000 per quarter," Mr Maxwell said.
For more information about becoming or hiring an apprentice or trainee, phone 1300 4 VERTO.
