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Restart Wage Subsidy

Employ a mature age worker – you get a lifetime of experience plus up to $10,000

Restart can give your business up to $10,000 (GST inc) if you employ and retain a job seeker 50 years of age or over who has been unemployed and on income support for 6 months or more.

Mature age workers can bring something special to your business; a lifetime of experience and knowledge that they can pass on to other workers and your customers.

Recognising that when older workers lose their job they often face significant barriers to finding work, the Restart wage subsidy aims to assist mature age people participate in the workplace by encouraging employers to take on workers 50 years of age or older.

The value of a Restart wage subsidy is up to $10,000 (GST inclusive).

The full rate of the subsidy is paid in four six-monthly instalments:

  • $3,000 at 6 and 12 months of employment
  • $2,000 at 18 and 24 months of employment.

Mature age job seekers employed for at least 30 hours per week will attract the full rate of the Restart subsidy. Eligible job seekers employed between 15-29 hours per week will attract a pro-rata Restart subsidy.

To learn more about the Restart wage subsidy and whether your business can qualify for up to $10,000, please contact Georgina Storey, gstorey@ipa.com.au

You can also visit www.employment.gov.au/Restart for further information.