We’ve told you before, but we’ll tell you again: the government is soo keen on tradies right now. Australia is in the midst of a national skills shortage, which means there are a few different kinds of benefits that apprentices and trainees can take advantage of, including the cash money kind.
Unlike university students, apprentices earn money while they learn, but it can still be a struggle to make ends meet on an apprentice wage, especially with the cost of living these days. Sometimes tradies just need a lil sumthin’ to pay rent, buy tools, put petrol in the car or get a choccy milk at the servo on smoko. So here are three ways that the gov is supporting tradies that you should definitely know about.
Trade Support Loans
This is the big daddy, the XXXL cash injection that is guaranteed to sort you out: the Trade Support Loan. Basically, it’s a loan of up to $20,000(!) that you receive in instalments across the length of your apprenticeship. It’s there to support your everyday costs of living. Obviously you’ve got to pay it back, but not until you’re a full wage earning tradie – it works in the same way as a HECS-HELP loan. Here’s where you check if you’re eligible. Then you can call BUSY At Work on 13 28 79 if you want to talk to someone about it, or scope this site for more info.
Living Away From Home Allowance
This one’s just for the people who need to move out of their family home for the first time in order to get work as an apprentice… and the best part is that you don’t have to pay it back. You can check out the information https://www.australianapprenticeships.gov.au/publications/living-away-home-allowance here.
Youth Allowance and ABSTUDY
This one’s for those between 16 and 24 who are studying full time, including apprentices. Depending on your situation and how much you’re earning, you might be eligible for up to $440 per fortnight. Check out the details here.
Sweet, huh? Good luck legends!
If you’re looking at getting an apprenticeship or traineeship in QLD but you haven’t yet, check out BUSY At Work – they will actually help you ASAP.