The Industry Skills Fund (ISF) Discussion Paper out for consultation and the webinars indicate a new settlement for investment and priorities in VET.
What’s the evidence of this? Well there are a couple of key indicators that can’t go unnoticed. Firstly the name of the fund… who is in control? Industry and employers are.
The numbers are pretty small – just $476 million for 200,000 targeted training places ($1380 per place on average) and training support services to be delivered through the Fund over the next four years. That’s 50 000 places/year starting from 1 January 2015.
“Australia needs a highly skilled workforce to adapt to structural change, rapid technological change and new business opportunities.”
Maybe the statement above from the Discussion Paper is what will become our national workforce vision?