Government Looking To Double Business Incentives In Order To Attract More Apprentices

The Aussie federal government is looking overhaul the country’s Vocational Education and Training (VET) system, with a $525 million government proposal. The proposal would result in increasing the number of apprentices across the country, from many a plumber in Newcastle NSW, to more apprentices for sparkies across the country.

Treasurer Josh Frydenberg promised that this new budget would create around 80,000 new apprenticeships by 2024, with particular focus on skills investment, as part of the coalition’s election pitch.

The programme, dubbed the Delivering Skills for Today and Tomorrow, proposed $347.9 million in funding over the next half-decade to entire apprenticeship investments in fields identified to be suffering from skill shortage. As for the programme itself, it’ll be worked on, simplified and streamlined, in order to make it more accessible for businesses and job seekers.

According to the Treasurer, apprentices in different fields, including, but are not limited to, baking, carpentry, and plumbing, will receive $2,000 worth of incentive payments from taxpayers, good news for many a plumber in Newcastle NSW, as part of the programme.

Frydenberg explained, saying that it was the imperative of the government to make sure that the AU’s economy, as well as Aussies of all ages, have the skills that they need, not only for the jobs in demand today, but for the future as well.

There have been proposals regarding the establishing of a new National Skills Commission, including one backed with $132.4 million in funding. The new commission would be in charge of handling long-term reforms regarding the VET sector, as well as coordinating with new organisations in skilled fields with high potential for future job growth.

As part of the programmer, a new National Careers Institute would also be established, with the job of researching and improving career advice, as well as any other relevant forms of information that are provided to job seekers.

Government employment programmes have been taking some flak recently over long-standing issues with the VET sector dating back to the preceding Labor government, as well as several figures that show how the government’s PaTH programme has fallen short.

Australian Chamber of Commerce and Industry CEO James Pearson says that the country has been having issues with skilled workers, noting how important it was to improve declining apprenticeship rates.

 

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