May
2011
2011 Budget news regarding education and Australian Apprenticeships
2011 – 12 Federal Budget
The 2011 – 12 Federal Budget was delivered on Tuesday 10 May 2011, introducing a range of initiatives for the Vocational Education and Training Sector.
Effective immediately
Access to the standard commencement incentive and the Group Training Organisations’ completion incentive for Certificate II level qualifications will only be available for Australian Apprenticeships provided to priority groups such as
- Indigenous Australians
- apprentices with a disability
- school-based apprentices
- the mature aged (45+)
- rural and remote regions
- job seekers with severe barriers to employment (Stream 4).
This change acknowledges that the Certificate II qualification stream is a valuable pathway for many disadvantaged Australians and is consistent with the Expert Panel’s recommendation to better target the subsidies made available under this program.
http://www.deewr.gov.au/Department/Budget/Documents/20112012/Apprenticeship_Reform.pdf
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Building an educated and skilled workforce
A $3 billion investment in skills and training initiatives over six years will deliver the skilled workers the economy needs and ensure more Australians can benefit from our growing prosperity.
Through the Building Australia’s Future Workforce package the Government is:
- placing industry at the heart of the training effort, with a new $558 million National Workforce Development Fund
- investing to meet the longer-term needs of the economy through a reform focused National Partnership with States and Territories worth $1.75 billion over five years (from 2012-13) and
- reforming the apprenticeship system to make it modern and flexible including accelerated apprenticeships and mentoring support
- increasing workforce participation by giving disadvantaged Australians the skills they need to get a job.
- Minister for Skills and Jobs, Senator Chris Evans, said unemployment is now at 4.9 per cent and 500,000 new jobs are expected to be created in the next two years.
To help meet emerging skills needs, the Australian Government will work with industry and state governments to deliver 370,000 training opportunities over the next four years.
Read the full media release at:
http://www.deewr.gov.au/Ministers/Evans/Media/Releases/Pages/Article_110511_091701.aspx
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