From the 5th of October the Federal Government will subsidise the wages of Trainees and Apprentices by 50% up to a maximum $28,000.00 per annum, or $7,000.00 per quarter for the period until 30th September, 2021.
This presents an incredible opportunity for Real Estate Agencies looking to hire new and train existing staff.
The $1.2 billion Federal Government cash injection is designed to get people employed and trained whilst giving employers an incentive to hire new and train current staff.
By enrolling a new or existing team member into the Think Real Estate Traineeship Program you may qualify for this subsidy and they will achieve their Real Estate Licence qualification by undertaking the CPP41419 - Certificate IV in Real Estate Practice – Class 2 Licence Course.
Given that it is now mandatory for all Certificate of Registration holders to become Class 2 Licence holder, within a maximum of 4 years, this new incentive is a no brainer and all Certificate holders should be encouraged to apply for this funding through Think Real Estate.
There are only 100,000 available places across all industries.
How do you apply:
How does the funding work:
Once your Trainee is approved, you will claim a 50% subsidy of the wages you pay them each quarter. This payment is capped at $7,000.00 per quarter.
Upon receipt of your first quarter payment, you will be required to pay Think Real Estate the sum of $2,000.00 and a second payment of $2,000.00 again upon receipt of the second quarter payment to cover the cost of the Real Estate Traineeship Program.
Following this payment, all additional payments per quarter will be retained by your office.
To find out more, please contact our office as soon as possible in order to secure this new wage subsidy, Federal Government incentive.
This is an opportunity not to be missed for an Agency Principal looking to expand their business and upskill their new and existing staff.
For further information download our Course Information Booklet and Course Brochure below or to speak to one of our highly trained team call 1300 660 402. Please ensure that you understand your rights and responsibilities as a student, by reading the Participant Handbook prior to enrolment.
IMPORTANT NOTE: If you are on JobKeeper you will not qualify for this program.
Please note: The CPP40307 Certificate IV in Property Services (Real Estate) will be superseded by CPP41419 Certificate IV in Real Estate Practice on 30th September, 2021. For further information please visit training.gov.au.
© Think Real Estate 2020