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Strength of Victorian economy depends on skills of Victorian workforce

Strength of Victorian economy depends on skills of Victorian workforce. Projected need. Projected supply, based on current model.

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Strength of Victorian economy depends on skills of Victorian workforce

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  1. Strength of Victorian economy depends on skills of Victorian workforce Projected need Projected supply, based on current model If training delivery continues at the current level, Victoria is facing a projected shortfall of over 120,000 VET graduates at the highest skill levels – Diploma and Advanced Diploma – by 2015

  2. Skills reform objectives • Increase the number of Victorians undertaking training in the right skill areas at the levels needed • Make a training system that engages more effectively and is easier to understand • Make training more responsive to changing needs • Create a culture of lifelong skills development

  3. Largest single package of additional investment in the training system - a total of $316m

  4. Skills for Life - Victorian Training Guarantee • For the first time, all eligible Victorians will be guaranteed a place in training • $139m for anticipated additional training delivered • $10m for exemptions from eligibility conditions

  5. Victorian Training Guarantee – eligibility

  6. Users to access government funding through a greater range of providers • TAFE • ACFE • Private providers • To access government funding, providers required to be: • financially viable • registered in Victoria with capacity to deliver on existing scope of registration • providers of quality training, demonstrated through satisfactory registration audit record and mandatory publication of all audit reports • compliant with the Australian Vocational Education and Training Management Information Statistical Standard in provision of data

  7. Fairer fees • Fees will vary depending on the level and qualification and expected benefits. • From 1 July 2009, courses are divided into the following categories. • Providers will be able to offer training at fees less than the maximum set amount. • VET FEE-HELP available for Diplomas and Advanced Diplomas. * For government supported places

  8. Implementation 2009 and 2010 2011 and 2012 • Delivery of the Victorian Training Guarantee at all levels of the training system • new eligibility arrangements for government subsidised places at all levels • funding allocated according to demand • Fully contestable funding at all qualification levels between all eligible providers • Victorian Training Guarantee for Diplomas/ Advanced Diplomas and all training through Skills for Growth • Competitive delivery of Diplomas/ Advanced Diplomas and training through Skills for Growth • Income-contingent loans for Diplomas and Advanced Diplomas • Revised fees schedule

  9. Tools • TAFE Course Directory • TAFE Course Line – 131 823

  10. www.skills.vic.gov.au

  11. Thank you

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