The Australian government is investing in national productivity gains and skilled workers of the future, delivering plans for a A$1.9bn (£1bn) Trade Support Loan to equip young apprentices with the skills for real world jobs.

The Trade Support Loans programme offers loans of up to A$20k which are repayable once apprentices are earning a sustainable income of around A$50k. Apprentices will receive a 20% reduction in the amount of the loan once they complete their training.

The programme targets occupations on the National Skills Needs List, such as plumbers, diesel mechanics, electricians and fitters, as well as well priority areas in horticulture and agriculture with more than 100 qualifications eligible.