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Old 23rd Sep 2016, 02:21
  #75 (permalink)  
Dark Knight
 
Join Date: Oct 2000
Location: Southern Sun
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Industry training funds:

I
  1. ndustry training funds are statutory authorities responsible for providing funding for training of eligible workers in certain industries, such as construction and mining.
  2. You should contribute to a fund that operates in the same industry as your business. If your industry does not have an eligible training fund, you can contribute to:
  3. a recognised industry body that provides training opportunities for its members, provided they reserve the funds contributed for training
  4. a recognised scholarship fund at a university or TAFE college that supports education or training for Australians in the same or a similar industry as your business.

Examples of ways to meet the training benchmarks:

You can show you meet the training benchmarks in relation to your Australian
  1. employees by:
  2. paying for a formal course of study for your Australian employees
  3. funding a scholarship in a formal course of study approved under the Australian Qualifications Framework for your Australian employees
  4. employing apprentices, trainees or recent graduates on an ongoing basis in numbers proportionate to the size of the business
  5. employing a person who trains your Australian employees
  6. paying external providers to deliver training for Australian employees
  7. providing on-the-job training that is structured with a timeframe and clearly identified increase in the skills at each stage, and demonstrating all of the following:
  8. the learning outcomes of the employee at each stage
  9. how the progress of the Australian employee will be monitored and assessed
  10. how the program will provide additional and enhanced skills
  11. the use of qualified trainers to develop the program and set assessments
  12. the number of people participating and their skill and occupation.
  13. Expenditure that cannot count towards this benchmark includes expenditure for training that is:
  14. delivered on the job, other than on-the-job training that meets the requirements outlined above
  15. confined to only one or a few aspects of the businesses broader operations, unless the training is in the primary business activity
  16. only done by people who are not Australian citizens or permanent residents
  17. only done by people who are principals in the business or their family members
  18. only relating to a very low skill level having regard to the characteristic and size of the business
  19. wages paid to staff for the time they spend at training.
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