Jobs VIC Fund

Program overview

The Jobs Victoria Fund is providing $250 million in wage subsidies to assist Victorian businesses to employ at least 10,000 people who are looking for work.

If you are a Victorian employer ready to hire new staff or increase hours of existing staff, the Jobs Victoria Fund can financially support you to employ people who have been most affected by the economic impacts of the pandemic.

Jobs Victoria Fund guidelines (updated)

The Victorian Government has made some changes to the Jobs Victoria Fund so that more businesses and employees are eligible.

Jobs Victoria Fund guidelines (updated) (PDF 799.23 KB)PDF icon

Jobs Victoria Fund guidelines (updated) (DOCX 78.66 KB)DOCX icon

What are the basics of the Jobs Victoria Fund?

Jobs Victoria wage subsidies of up to $20,000 are available to meet the costs associated with employing someone for 12 months.

To be eligible for a wage subsidy, jobs must be for at least 19 hours per week (or eight hours if an exemption applies).

The number of wage subsidies you can apply for over the life of the Fund depends on the size of your business.

At least 60% of jobs supported by the Jobs Victoria Fund will be for women, reflecting the significant impact the pandemic has had on their employment opportunities.

To qualify for the subsidy, you must employ someone from at least one of the priority groups who have been most impacted by the pandemic:

  • Aboriginal and/or Torres Strait Islander people
  • jobseekers registered with a Jobs Victoria Mentor service
  • people unemployed for six months or more
  • newly arrived migrants from non-English speaking backgrounds
  • women aged 45 years and over
  • people seeking asylum/refugees
  • people with disability
  • single parents
  • veterans
  • men and people who do not identify as a woman aged 45 years and over
  • young people aged under 25
  • people previously or currently employed under the Working for Victoria initiative.

If you meet all the eligibility criteria and supply the necessary information, you will receive funding, subject to the availability of funds and conditions.

Is my business eligible to apply to the Fund?

If you are interested in applying to the Jobs Victoria Fund, and want to find out if you are eligible, the questionnaire on the Jobs Victoria website will help. You can find the full eligibility criteria in the Jobs Victoria Fund eligibility checklist.

How to apply

For instructions to apply, answers to frequently asked questions, and resources to support your application, please see the Jobs Victoria website.

Guidelines

Jobs Victoria Fund guidelines (updated) (PDF 799.23 KB)PDF icon

Jobs Victoria Fund guidelines (updated) (DOC 269.5 KB)DOC icon

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About the Author: David McKeller

David McKellar is a Chartered Accountant and Director of Allied Business Accountants, an accounting firm specialising in providing strategic advice and taxation services to business owners, investors and Self Managed Superannuation Funds.

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