Busy At Work Trade Support Loan – In exciting news for employers, 75 key occupations have been added to Australia’s Apprenticeship Priority List. For core courses, employers can earn up to $6,000 for first- and second-year students and up to $3,000 for third-year students. This means ongoing incentives as your trainees gain more experience and skills.

Replacing the current Australian Apprenticeship Incentive Scheme (AAIS) from 1 July 2022, the Australian Apprenticeship Incentive Scheme (AAIS) offers incentives to employers, particularly in sectors with skills shortages.

Busy At Work Trade Support Loan

In the first phase, from 1 July 2022 to 30 June 2024, the Australian Apprenticeship Incentive Program will provide wage subsidies to eligible employers in key occupations.

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Employers have access to the Australian Apprentice Disability Wage of up to $104.30 p/w (prorated part-time according to hours worked). In addition, the Australian Government Income Support Fund can provide financial assistance for any necessary workplace changes. For more information call 1800 464 800 or visit jobaccess.gov.au

Up to $20,000 is available to eligible jobseekers in regional Queensland and parts of SE Queensland through the Queensland Government’s Back to Work initiative. More information.

For more information on the incentives available to employers and apprentices under the new Australian Apprenticeship Scheme (AAIS), see the AAIS fact sheet AAIS FAQs,

Employers claiming apprenticeship or trainee incentives from 1 July 2022 will continue to receive support under the current Australian Apprenticeship Incentive Scheme. This includes early education incentives that expire on June 30, 2022.

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You will not need to submit your claim through BUSY At Work, but will need to submit your claim through an online portal with the Australian Government’s ‘Apprenticeship Data Management System’ (ADMS) which will require setup and connection. to your MyGovID account. More information can be found at AustralianApprenticeships.gov.au/About-ADMS

This new application procedure for Wage Subsidy has been updated and revised for Year 6 and above start-up periods (i.e. wages paid between 1 January 2022 and 30 June 2022) and Financial Subsidy – New Job and recruitment incentives under new Australian Apprenticeships New Australian Apprenticeships from 1 July 2022.

BUSY At Work will continue to provide advice and support services to employers from the start to completion of Australian apprenticeships and will continue to process historical BAC and CAC wage assistance requests for wages paid between 5 October 2020 and 31 December 2021.

If you haven’t already done so, your business will need to create a myGovID digital identity and link it to your business using the Relationship Authorization Manager (RAM).

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Once your ADMS account is set up by following the steps above, you will be able to access ADMS at any time.

MyGovID is your digital identity and makes it easy to prove who you are online – it’s like a 100-point identity check, but on your smart device.

RAM allows business owners to link their digital identity to their business and empower others to act on their behalf through online government services. Apprenticeships or apprenticeships enable you to become qualified for work by studying for a relevant certificate or diploma. It takes money to learn on the job and get a degree. It’s an easy way to work full-time, part-time, or even while you’re in school.

Gone are the days of working and training through apprenticeships or apprenticeships in traditional trades such as plumbing or construction. Over 500 qualification opportunities across Australia in hospitality, childcare, IT, design, fitness, tourism, aviation, retail and more. The possibilities are endless and our team is here to help!

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Taking a teaching or apprenticeship can be an exciting career choice! There are literally hundreds of career paths to choose from, including construction, business, agriculture, fashion, design, animal care and more!

With this type of work and training opportunity, whether through an apprenticeship or training, you and your employer are protected by a formal training agreement. Both parties sign this document to outline things like your role, salary and expectations. With this protection, if you believe your employer is doing something wrong, call us and we’ll help investigate for you.

An apprenticeship is time spent learning a skilled trade under a qualified tradesman or professional. There are hundreds of workers – from hairdressers to mechanics, electricians to cooks, cleaners to wardrobes.

An apprenticeship is time spent learning a job (or jobs) under a supervisor. This can be done in any workplace, such as a store, fast food outlet or office. These qualifications range from a Certificate II to a Higher Diploma.

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Eligible students or teachers can apply for a Financial Aid Loan to help with living expenses. Find out more.

* THE BUSY GROUP LTD Trading as BUSY At Work is a service provider contracted by the Australian Government on behalf of the Department of Employment and Labor Relations to provide support services to prospective and existing employers and Australian trainees. THE BUSY GROUP LTD is one of several network providers in Queensland and Western Australia. This website does not represent the Australian Government, if you wish to access information about Australian Apprenticeships you should access the Australian Apprenticeship website from the Australian Government. GTR Leaders in Business Awards showcase excellence in business, product, supply chain and export. Finance and fintech markets recognize leading companies and top players from around the world. The ranking is based on submissions sent to GTR outlining the performance of the top companies in the 2021 season.

Selected candidates: Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), Trade and Development Bank (TDB)

Of particular note is banking services in Kenya, where they account for around 12% of the local business market and offer a wide range of solutions.

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Standard Chartered of Kenya does business in many sectors, including manufacturing, agriculture, energy and infrastructure, while the bank has expanded its Supply Chain Fund (SCF) offering to support small and medium enterprises.

Through its two SCF products, distributor financing and vendor-paid programs, Standard Chartered said it often extends financing to distributors or suppliers of large corporate or international customers.

“In these supply chain financing programs, we have over 10… in Kenya, Uganda and Tanzania supporting 50 small and medium enterprises with access to financing, discounted or not,” he said in his filing.

In terms of sustainability, in March last year Standard Chartered launched a set of recommendations for sustainable business finance in several regions, including Africa, to help the bank’s clients achieve related ESG goals.

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The bank’s digital efforts were another major success, with Standard Chartered supporting business customers in East Africa to migrate from physical payment methods to Straight2Bank’s digital platform.

According to Standard Chartered Kenya’s annual report, more than 92% of customers now use the platform for various purposes, including collections, payments, taxes, foreign exchange services and business financing.

Ecobank’s extensive presence across West Africa and the scale of its business finance operations make it a worthy winner.

The Pan African Banking Group operates in 15 West African markets, where it offers a full range of commercial banking products and services, including trade finance, structured business and financing products, and financial collateral.

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As countries in the region work last year to increase trade levels after a sharp decline in 2020, Ecobank is showing itself as ready and able to provide financial support for both imports and exports.

Ecobank Nigeria is processing just over $1 billion in letters of credit (LC) in 2021, up nearly 60% from $617 million the previous year, while the lender’s exports rose 240% to $435. mn

At the same time, the bank informed GTR that the total volume of LCs sent by Ecobank within West Africa has grown significantly, with increases of almost 60% in Guinea-Bissau, 18% in Sierra Leone and 20% in Cape Verde during the year.

Ecobank’s digital efforts have gone from strength to strength. The e-Trade and e-FSC platforms allow importers, exporters, exporters and distributors to transact remotely and the volume of transactions processed has increased due to this tool.

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GTR also acknowledged Ecobank’s continued interest in soft market transactions in countries such as Côte d’Ivoire, Burkina Faso and Benin, as well as SCF’s impressive growth, with the lender having 575 dealers in Nigeria.

Rand Merchant Bank (RMB) has frequently won the award for Best Commercial Finance Bank in South Africa, and for good reason.

Last year, South Africa’s business finance industry was hit by headwinds, including pandemic-related closures and housing shortages.

Despite these challenges, RMB’s business finance team is committed to supporting existing clients and driving growth through innovative lending solutions, as demonstrated by the transaction that won the GTR Best of Home Award – Banking.

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In May 2021, the lender extended a pre-export financing facility to steel merchant Macsteel International as part of a multi-faceted solution that combines secured loans and business risk mitigation into a unique framework.

Elsewhere, the bank has made big strides in digital, with customers increasingly using the lender’s technology platform eTradePort, which enables more efficient trading, management and reporting.

RMB says it has seen a “significant level of adoption”.