Financial incentives for learners

INCENTIVE OVERVIEW

The Skills and Training Incentive (the Incentive) is an initiative under the More Choices for a Longer Life Package.

EFFECTIVE Date

01.07.2023

ADMINISTERED BY

Busy at Work

The Skills and Training Incentive (the Incentive) is an initiative under the More Choices for a Longer Life Package. It is aimed at assisting mature Australian workers aged 40 years and older to invest in their training and adopt a life-long approach to skills development, thereby reducing the risk of entering the income support system.

The Incentive is available to people who have completed a Skills Checkpoint Program Career Plan that identified training opportunities (accredited or non‑accredited) linked to an occupation in national shortage or with a future recruitment demand rating at or above the economy average on the Jobs and Skills Australia’s Skills Priority List.

Eligible Participants may access up to $2,200 (GST Inclusive) from the Australian Government to fund re-skilling or up-skilling opportunities.

Applications are open for anyone who meets the eligibility criteria below:

  1. are aged 40 years or over
  2. are an Australian citizen or permanent resident
  3. are currently employed and at risk of entering the income support system, OR recently unemployed (within 12 months) and not referred to or registered with a Commonwealth funded employment services provider such as Workforce Australia or Disability Employment Services, and
  4. have completed a Skills Checkpoint assessment that identifies training opportunities.

Disclaimer: Whilst we try to get everything right, the information provided here is general in nature and can change without us being informed.  You should always make your own enquiries to ensure you have the most up-to-date information.  If something has changed, and we haven’t updated it here, please do let us know using our contact us page so we can update our website as well.