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Bundaberg Chamber News

How Would $20,000 Help Your Business?

- posted by Yale Morgan

We expect it could help in so many ways and that's why we want to tell you about the Back to Work - Youth Boost, which has just increased to a huge $20,000. 

Queensland Premier Ms Palaszczuk said youth unemployment was unacceptably high in some regions and the government was determined to address this challenge.

"This is a massive incentive for businesses to hire, especially as school leavers start to look for work after Christmas,” Ms Palaszczuk said.

Queensland Treasurer Curtis Pitt said the $100 million Back to Work scheme provided $10,000 to businesses who took on an unemployed worker and $15,000 when they hired a long-term unemployed worker (out of work for 12 months or more).

"Everyone in our community is concerned about young people being out of work and needing new opportunities for their futures. Our resolve to drive down regional youth unemployment is unwavering which is why we’re offering a specific bonus to regional businesses who hire young people,” Mr Pitt said.

If your business employs a young person, aged 15 to 24, between 1 December 2016 and 28 February 2017 (inclusive) you will be able to apply for the $20,000 payment. Some young people may also be eligible for the Australian Government’s Youth Subsidy Scheme (conditions apply) valued at a further $10,000 (From January 1). 

Payments of Youth Boost are made directly to you, the employer, for taking on staff in either a full-time or part-time position. You can receive the first payment within 4 weeks of taking on a new employee, once an application has been successful.
If you have always wanted to employ new staff, but money has held you back, the Back to Work initiative is a must for you! Find out more by clicking on the Following link:

Back To Work Youth Boost


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