As part of the 2019-20 Federal Budget released last night, the Australian Government is committed to supporting the vocational education and training (VET) sector though its $525.3 million Skills Package ‘Delivering Skills for Today and Tomorrow‘, to ensure Australians can access the training they need for the jobs of today and prepare for the jobs of the future.
The following initiatives were released to support this:
Additional Identified Skills Shortage Payment
The Government is creating additional apprenticeship incentive payments to boost existing incentives for areas of identified skills needs to support up to 80,000 new apprentices over five years.
The Australian Government will provide $156.3 million to establish an Additional Identified Skills Shortage (AISS) payment to boost the supply of skilled workers in occupations experiencing national skill shortages. From 1 July 2019, the AISS will provide an additional incentive for both employers and apprentices in these occupations.
Eligible employers will receive $2,000 at the 12 month point from commencement of the apprenticeship, and an additional $2,000 at completion of the apprenticeship. Eligible apprentices will also receive $1,000 after 12 months, and $1,000 at completion. The AISS payments will be additional to any payments the apprentice or employer may be eligible for under existing Australian Government programs.
The Government is launching a new foundational language, literacy, numeracy and digital skills program, and will invest $62.4 million to provide individuals with the skills to move into further education or employment.
The Government is establishing 10 Training Hubs across Australia. Training Hubs will support industry pathways in areas of local skills shortages that complement the completion of secondary education.
This four year, $50.6 million, project will target youth unemployment in regional areas.
National Careers Institute and Ambassador
The National Careers Institute will transform careers advice for individuals across their education, training and employment. The Institute will be headed by a National Careers Ambassador to promote consistent national guidance on quality careers advice.
The Institute will map international experience to the Australian education and job context, to streamline information and develop best practice careers guidance.
The Institute will also be responsible for development of a new VET Information Strategy aimed at growing local community and employer interest in Vocational Education and Training (VET).
Engaging with VET
The Australian Government is investing in tools to help students and their families, employers, training organisations and the community navigate the skills, jobs and education landscape in Australia. It is essential that Australians have the information they need to make informed choices about the opportunities that VET can provide for initial training, upskilling and re-skilling.
For further information on these initiatives download a fact sheet here.
You can also find out further information via the Department of Education and Training’s website