VIC – Apprentice Incentives
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Apprenticeships: Victoria

Bricklaying apprenticeships in Victoria come with many apprentice incentives to assist you while you work as a VIC apprentice. These are available from both the Federal and State Governments and ABBTF. You may also qualify for additional benefits from Centrelink, depending on your individual circumstances.

You may be eligible for the following:

FEDERAL GOVERNMENT – Apprentice Trade Support Loans

The Federal Government has replace the Tools for Your Trade Payments with Trade Support Loans from 1 July 2014 for eligible Australian Apprentices doing a Certificate III or IV qualification.

Trade Support Loans provide up to $20,000 to assist with the costs of living and learning while undertaking an apprenticeship. A 20% discount is applied on the amount borrowed when the apprentice successfully completes the apprenticeship. Apprentices are required to repay the loans through the tax system when their repayment income meets the repayment threshold.

The loans are flexible to meet the needs of each individual. For instance an apprentice can apply for six months only to buy their tools, they could save up their first year’s payments to buy a second hand vehicle then opt-out of further payments, or they can take the full loan to cover living expenses, such as rent, public transport and phone bills throughout their years of training.

Trade Support Loans are loans paid in instalments totalling:

$20,000 for a four year apprenticeship:
  • Year 1 – Up to $8,000
  • Year 2 – Up to $6,000
  • Year 3 – Up to $4,000
  • Year 4 – Up to $2,000
$18,000 for a three year apprenticeship:
  • Year 1 – Up to $8,000
  • Year 2 – Up to $6,000
  • Year 3 – Up to $4,000

For all the facts go to Australian Apprenticeships Trade Support Loans.

For further information on eligibility and applying for a Trade Support Loan contact your Australian Apprenticeship Support Network (AASN), or the AASN referral line on 13 38 73.

State Government Half Price Vehicle Registration

Half-price vehicle registration is available for bricklaying apprentices effective from January 1, 2016.  For full details visit the VicRoads website.

Master Builders Association (MBA)

MBA offer many benefits to their members (and FREE membership for apprentices) including information and advice on how to progress your career, start your own business, become a subbie, how to become a builder, insurance advice, GST compliance, along with many other benefits. Contact MBA to enquire.

VIC APPRENTICE CENTRELINK PAYMENTS

A VIC apprentice may be entitled to Centrelink payments and other payments/allowances while in training:

  • Youth Allowance
  • Austudy
  • Abstudy
  • Pensioner Education Supplement
  • Family Tax Benefit – Part A
  • Family Tax Benefit – Part B
  • Reduction in TAFE/RTO course fees

  • Relocation Allowance
  • Living Away from Home Allowance
  • Travel and Fare Reimbursement
  • Rent Assistance
  • Pharmaceutical (Medical) Allowance
  • Others

 

For support with a VIC apprenticeship in bricklaying or for further information about apprentice incentives in Victoria contact ABBTF.  Conditions apply.For information on Centrelink payments/allowances visit Centrelink. Use their online rate estimators and calculators or call 13 36 33 to discuss your eligibility.

Interested in trying Bricklaying? Then please contact us on 1300 30 44 77