VET funding system being examined

VET funding system being examined
Less than half of all women in the workforce with vocational education and training certificates earn enough to repay their student loans according to the report, Skills for recovery: The vocational education system we need post-COVID-19 recently released by the Mitchell Institute at Victoria University.

International student visa applications to Australia on downward spiral

International student visa applications to Australia on downward spiral

Smaller universities and private Vocational Education and Training (VET) providers expect to be hardest hit because of their greater reliance on students from India and Nepal.   Applications from Nepal dropped 61 per cent and those from India by 47 per cent last financial year, putting further pressure on Australia’s $40 billion a year international student sector amid COVID-19 restrictions.  

Read more here:  https://www.smh.com.au/national/quite-serious-international-student-visa-applications-plummet-20200728-p55gbc.html

National Skills Commission kicks off

National Skills Commission kicks off

The  National Skills Commission (NSC) is a critical new part of Australia’s economic infrastructure, providing expert advice and national leadership on the Australian labour market, current and future skills needs and workforce development issues. They have released their inaugural report today that shows  while the impact of COVID-19 on the labour market has been significant, some data indicates early signs of stabilisation and a small increase in the number of employers looking to hire.
Read more here:  https://www.miragenews.com/inaugural-report-of-national-skills-commission-australian-labour-market-and-covid-19/

ITECA calls for student-centric funding model for VET sector

ITECA calls for student-centric funding model for VET sector
The CEO of the Independent Tertiary Education Council Australia (ITECA), who is the peak body representing independent providers in the higher education, vocational education, training and skills
sectors has suggested students will be best served through a nationally consistent set of course subsidies, based on the efficient cost of delivery with loadings to address higher delivery costs in some locations and to certain student groups.

Travel ban exemption for international students from July proposed

Travel ban exemption for international students from July proposed

International students bring about A$39 billion (S$36.7 billion) a year into Australia and account for about 26 per cent of total university revenue. The sudden loss of many students from abroad amid the ban on arrivals of foreign nationals due to the pandemic has already led to staff cuts at universities and could leave some facing financial collapse if it continues into next year.
Read more here:  https://www.straitstimes.com/asia/australianz/coronavirus-australian-universities-propose-safe-corridors-to-allow-foreign