Trade support loansThe loan scheme that helps apprentices and trainees with living costs while they train, using income-contingent repayments. had existed since 2014, but because the scheme and its priority listThe list of occupations and qualifications that can qualify for loan support under the expanded scheme. were built around traditional trades, apprentices and trainees in other shortage occupations could miss out on the same income-contingent help with living costs. As workforce gaps sharpened in areas including aged care, disability care and early childhood education, the 2023 bill expanded loan access beyond trades, required an up-to-date national priority listThe list of occupations and qualifications that can qualify for loan support under the expanded scheme. informed by Jobs and Skills AustraliaThe government body that advises the Minister on workforce shortages and training needs when updating the priority list., renamed the programThe loan scheme that helps apprentices and trainees with living costs while they train, using income-contingent repayments., and then became law in August 2023.
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2014
Trade support loansThe loan scheme that helps apprentices and trainees with living costs while they train, using income-contingent repayments. begin as a trades-only scheme
The existing loan programThe loan scheme that helps apprentices and trainees with living costs while they train, using income-contingent repayments. was introduced in 2014 for apprentices in priority trade occupations, leaving the scheme tied to traditional trades rather than the full range of shortage jobs.
Hansard ↗
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25 May 2023
Government introduces a bill to open the loan scheme to non-trade shortage occupations
The minister introduced the bill to extend income-contingent support to apprentices and trainees in high-priority occupations of skills need, including non-trade roles for the first time.
Hansard ↗
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14 June 2023
Parliament links the bill to acute worker shortages in care and essential services
During debate, MPs pointed to drastic shortages in aged care, disability care, early education and other services as the practical reason to widen support beyond male-dominated trade occupations.
Hansard ↗
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09 Aug 2023
Parliament passes the bill
Both houses passed the bill in the same form, clearing the way for the broader loan programThe loan scheme that helps apprentices and trainees with living costs while they train, using income-contingent repayments. and the new Australian Apprenticeship Support LoansThe new name for the expanded loan program after this bill takes effect. name to take legal effect.
Parliamentary timeline ↗
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21 Aug 2023
Royal AssentThe final step that turns a passed bill into an Act of Parliament. makes the expansion law
Royal AssentThe final step that turns a passed bill into an Act of Parliament. turned the bill into an Act, locking in the wider scheme, the requirement for a current priority listThe list of occupations and qualifications that can qualify for loan support under the expanded scheme. and the programThe loan scheme that helps apprentices and trainees with living costs while they train, using income-contingent repayments.’s new name across Commonwealth law.
Parliamentary timeline ↗