The nation’s GDP has been growing an average of 5-6% in the past 10 years, with the new Government planning to boost spending on infrastructure, education, and health to bring growth up to 7%. Read More
Sri Lanka is a small country with a large, yearly population growth rate. As it stands, this little island is home to 20.48 million people – close to the population of Australia.
And for the youth of Sri Lanka, it’s tough. They’re unskilled and over a quarter (25.1%) of them are unemployed. It’s a huge challenge the country is working to tackle, and if Sri Lanka plans to sustain their annual 8% GDP growth goal, a highly skilled workforce is needed. Read More
The Pilbara is buzzing with economic opportunities. It’s a socially inclusive region that covers over 500,000 square kilometres in Western Australia – one of the state’s most ancient natural landscapes.
The Pilbara Development Commission is leading the charge to development the region’s economic base, improve social infrastructure, and sustain a rapidly growing population.
The New Pilbara
Work, live, visit or invest. The new Pilbara is a place for everyone. And it’s no wonder the population is rapidly increasing. Recent ABS numbers suggest that Pilbara is growing into a ‘young, cosmopolitan’, region attracting 20-44 year olds. Read More
India, and across the Asia-Pacific region, there’s a huge push for upskilling in one area of training. The Technical Vocational Education Training (TVET) system in India needs to expand very rapidly, in order to cater for the 5-6 million youth entering the labour force every year.
Add to this a fast-growing economy and upskilling India’s 53% illiterate workforce has never been more critical. As it stands, less than 10% of the workforce has acquired vocational skills.
India’s current skill development has four major parts: Read More
Australia’s next fleet of 12 submarines will be built in Adelaide, with the Federal Government announcing 2,800 jobs as a result. The $50 billion contract is being hailed a ‘real victory for the people of Adelaide.’
Couple this with the recent commitment to build our offshore patrol vessels in Australia, and things are looking bright for the defence industry. Read More
The Maldives is a unique place where people are the most important resource – and this is starting to turn heads towards the small island nation.
Local initiatives are starting to form to combat the 11.60% unemployment rate and the high number of youth (26.50%) with no jobs.
The country has also recognised the demand for people with technical skills, with programs being launched as possible solutions.
Workforce planning in Local Government is essential, just like every other business and industry. Designing a plan that fits the growing needs of the community and the changing workforce helps councils stay relevant.
Identifying skills, tailoring services, generating economic and employment opportunities should be explored to boost future growth – and the vehicle to make this a reality is through a skilled workforce.
Local Government plays a huge role in our economy – both as an employer and in its influence within which businesses, industries and economies function. Read More
A few hours’ drive north of Melbourne, Greater Shepparton boasts a $2.88 billion Gross Regional Product (GRP). The region is on the cusp of major growth, with an expected 1.2% population rise per annum, between now and 2031.
The has partnered with the Department of Sustainability and Environment to outline a plan focused on leveraging the region’s strengths. Read More
In recent years, direct trade with China has contributed 5.5% to Australia’s GDP and figures have only increased.
November 2014 saw the landmark Australia China Free Trade Agreement (ChAFTA) launched – giving Australians the access new to the world’s second largest economy. This agreement is for all products imported via Business to Business (B2B).
The agreement puts Australians in a competitive position in key areas such as aged care, agriculture, education, manufacturing exports, services, investment, resources and energy. Alongside trade deals already signed with Korea and Japan, ChAFTA is the newest piece of a powerful alliance between Australia’s major trading partners in North Asia. Read More
A new Vocational Education and Training (VET) Student Loans program introduces caps from January 2017 with more stringent criteria to be a provider, and bans brokers. It will be very interesting to see how the caps, aligned with actual costs, will be determined and what evidence will underpin decision making.
This one program will not, “… return integrity to the vocational education sector.” Read More