Funding for vocational education and training (VET) at a 10 year low

Mitchell Institute releases new report and sounds VET funding alarm
The Mitchell Institute recently shared the results of the Australian Investment in Education: Vocational Education and Training Report, showing that Vocational Education and Training (VET) funding has reached its lowest level in more than a decade, 
leaving Australia at risk of failing to provide high-quality training for an estimated 45% of new jobs in need of VET qualifications.  

Growing skills crisis in Australia

A report commissioned by Deloitte released this year suggests that over the next decade, Australia will face significant skills shortages. And while the government has a significant role to play, addressing the human skills shortage is everyone’s responsibility. Businesses, and even individuals, have the opportunity to proactively focus on human skills. Doing so could unlock more human capital to power the economy going forward.”

Apprentice and trainee experience and destinations 2019

Nearly nine in ten (87.7%) apprentices and trainees who complete their training are employed afterwards, with those who secure full-time work earning a median annual income of $59 600, according to a new report released today by the National Centre for Vocational Education Research (NCVER).

The report Apprentice and Trainee Experience and Destinations 2019 also shows that for those employed full-time after their training, the median annual income of completers was $12,700 more than for non-completers.

“Outcomes for completers in trade occupations are particularly good, with 91.5 percent employed after training and 84.2 percent in full-time work with a median annual income $62 800,” said Simon Walker, Managing Director, NCVER.

“Completers in non-trade occupations also do well, with 85.0 percent employed after training and 59.9 percent in full-time work earning a median annual income of $54 700.”

The report shows there are a range of reasons why apprentices and trainees don’t complete their training, from realising they don’t like the work to not getting on with the boss or other people in their workplace.

Apprentice and Trainee Experience and Destinations 2019 summarises the responses of over 11 000 apprentices and trainees who completed (completers) or cancelled or withdrew (non-completers) from an apprenticeship or traineeship during 2018.

The data was collected in mid-2019 as part of the Apprentice and Trainee Experience and Destination Survey.

The full report and more information about the survey are available on our Portal.

For more information on apprentice and trainee commencement and completion rates, view the latest Apprentices and Trainees 2019 quarterly report, released in early December.

For more general information on VET student outcomes andsatisfaction with training, view VET student outcomes 2019.

Media enquiries: Helen Wildash, PR and Social Media Officer M: 0448 043 148


Six homes destroyed

We can confirm at least six homes are among “dozens” of buildings razed in the bushfires raging to the north and south of Sydney.
Our news helicopter has captured at least five houses destroyed in the Green Wattle Fire at Balmoral and Bargo, south-west of Sydney.
The RFS says “dozens” of structures have been damaged or destroyed in the blaze, including garages, sheds and other outbuildings.
ABC News