Federal Member For Banks
Shadow Minister for Communications

COLEMAN WELCOMES $200M INVESTMENT INTO SUPPORTING APPRENTICES

David Coleman MP, Member for Banks, today welcomed the Prime Minister’s announcement of a $200m investment into establishing the Australian Apprenticeship Support Network.

“The Australian Apprenticeship Support Network will give young Australians the best opportunity to get a job and provide employers with the skilled and productive employees they need to grow their business,” Mr Coleman said.

“Apprenticeship completion rates are currently around 50%. Such a low rate is beneficial for neither apprentices nor businesses.

“The new network will shift apprenticeship services away from paper-pushing to establish outcome-focused services such as mentoring and job-matching to better support businesses and apprentices through their years of training.

“This is great news for local young people looking for an apprenticeship, and for businesses looking to hire apprentices”.

The new Network will commence from 1 July 2015.

The Government has also introduced new Trade Support Loans offering up to $20,000 over the life of an apprenticeship to encourage more young Australians to start their career with an apprenticeship and complete their qualification.

For more information: http://vetreform.industry.gov.au/