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The ongoing strength of the Victorian economy depends on the skills of the Victorian workforce

The ongoing strength of the Victorian economy depends on the skills of the Victorian workforce. Projected need. Projected supply, based on current model.

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The ongoing strength of the Victorian economy depends on the skills of the Victorian workforce

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  1. The ongoing strength of the Victorian economy depends on the skills of the 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. The objectives • An increase in the number of Victorians undertaking training in the right skill areas, and at the levels needed • A system that engages more effectively and is easier to understand • Responsiveness to changing needs • Creating a culture of lifelong skills development.

  3. Securing Jobs for Your Future is a fundamental change to the way the system works

  4. This is the largest single package of additional investment in the training system, a total of $316m

  5. Skills for Life - The Victorian Training Guarantee • For the first time, all eligible Victorians will be guaranteed a place in training • $139m for training delivered • $10m exemptions • $4m for ACFE pre-accredited delivery

  6. Reforms will allow 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. Skills for Growth – the Workforce Development Program ($52m) • Aims to stimulate demand for training and provide customised skills training for Victorian small businesses and medium sized businesses • Builds on existing ‘My Business My People’ program • Delivered through Office for Small Business • Typically a five stage program Recognition/ training and development plan Diagnostic and planning service Recognition/ training solution Skills needs assessment Review

  8. Focus on industry • The Victorian Skills Commission • Industry Training Advisory Bodies • $4m increase in funding • Victorian Skills Pledge • Apprenticeships and traineeships • $2m retention projects • $25m completion bonus

  9. Fairer Fees • Fees will vary depending on the level and qualification and expected benefits • From 1 July 2009, courses will be divided into the following categories • Providers will be able to offer training at fees less than the maximum set amount • Income contingent loan available for Diplomas and Advanced Diplomas

  10. Strengthened Capability STRONGER TAFE STRONGER ACFE STRONGER WORKFORCE • $20m for TAFE broadband • Investment in facilities • Explore PPPs • Borrowing changes • Land rationalisation • Access to retained earnings • Business management capability • Expanded access to software • Collaboration between providers • Staff development in RPL • Recruitment of industry experts • Enhanced capabilities in assessment of informal learning

  11. Implementation: 2009 From 1 January From 1 July • TAFE teaching workforce initiatives • TAFE governance arrangements • Building capability in ACE providers • State Register & Qualifications Navigator • Strengthened role of VSC and ITABs • Consideration given to competitive arrangements • Workforce Development Program • Victorian Training Guaranteefor Diplomas and Advanced Diplomas and training through Workforce Development Program • Competitive delivery of Diplomas and Advanced Diplomas and training through Workforce Development Program • Income-contingent loans for Diplomas and Advanced Diplomas • Revised fees schedule

  12. Implementation: 2010 - 2012 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 • New fees and charges arrangements maintained • Infrastructure & system development initiatives continue • Continue 2009 roll out • Comprehensive review of Securing Jobs for Your Future implementation

  13. Immediate steps: from September 2008 • Details of new contracting and tendering arrangements for 2009 • New Ministerial Directions about fees and charges for consultation

  14. Questions?

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