Restart Wage Subsidy
What is the Restart wage subsidy?
The Restart wage subsidy is a payment of up to $10,000 (GST inclusive) if you employ eligible mature age job seekers for 12 months or more.
$6,500 (GST inclusive) is payable if the employment is for at least 30 hours per week over 12 months. You can receive a pro-rata wage subsidy starting from $3,250 (GST inclusive) if you employ an eligible mature age worker for 15–29 hours per week.
In addition, a bonus of up to $3,500 (GST inclusive) will be paid for employment which lasts the full 12 months, making it a total of up to $10,000 (GST inclusive).
If you employ 10 or more mature age workers, you can bundle the Restart Wage Subsidy Agreements and negotiate with your jobactive provider to receive a portion of the wage subsidy as a lump sum payment to help cover the upfront costs of hiring multiple employees.
Who can attract the wage subsidy?
To receive this wage subsidy, you need to employ a job seeker who:
- is 50 years of age or older
- has been on income support for six months or more
- is registered with a jobactive or Disability Employment Services or Community Development Programme provider.
To ensure you do not miss out on the wage subsidy, you should contact the job seeker’s employment services provider within 28 days of employment to complete the application process for the wage subsidy.
If you have employed an eligible mature age job seeker who is not registered with an employment services provider, they will need to direct register with a jobactive provider as a Volunteer in order for you to receive a wage subsidy. Please note that you should ensure the job seeker registers with a provider within 28 days of starting work, otherwise you will not be able to access the subsidy.