This month we're talking all things grants! There are countless grants available through the State and Federal Government - most of which, Australian's won't have heard of. But some of these grants could give you the opportunity to start a business, boost a business, or give someone a chance.
The Restart Grant is a Federal grant that encourages businesses to employ mature-aged workers. As the retirement age increases, as does the percentage of mature-aged workers in Australia. Unfortunately, if someone has been out of the work force for a number of years and is job seeking over the age of 50, the chances of finding employment are low. The Restart Grant is a wage subsidy grant that is offered to businesses who employ workers over the age of 50.
If you own a private business and have an Australian Business Number (ABN), you are eligible to apply for the Restart Grant. A business will only be eligible for the Restart Grant once per job seeker. The job advertised must offer at least 20 hours per week over a six month period, and be ongoing, not a contracted position. To qualify for the grant, you must be registered with an employment services provider. Other eligibility stipulations may apply, depending on the businesses circumstances.
The payment can be up to $10 000 and may be awarded after a business employs someone over the age of 50. Additionally, JobActive can provide you with resources and information to help you find mature aged workers who are qualified and a good fit for the job. JobActive can connect you with a provider who will recommend a shortlist of suitable candidates at no cost to you. After hiring, you will be ale to apply for the Restart Grant within 12 weeks of the start date of employment.