TRAINING FUND

Established in May 1999 to administer an industry training fund, the Authority is responsible for the collection of a training Levy of 0.2%, calculated from the cost of the work exclusive of GST. The Levy is collected from building and construction work in the ACT, where the total cost exceeds $10,000 and meets the criteria as set out in the Schedule 1 'Work' of the Act... The ACT Building and Construction Industry Training Fund Authority provides funding for the training of eligible workers and for the development of skills identified as being in short supply in the ACT's building and construction industry.