Industry News, Latest News, Skills and training, Victoria

Victoria invests $1B into training system

The Victorian Budget 2020/21 will see $1 billion invested into the state’s training and skills system to help the economy recover from the effects of the global pandemic.

The funding includes $631.4 million for extra training places, ensuring Victorians can get the skills they need to secure a job.

An investment of $155.4 million will increase access to TAFEs, Learn Locals, Registered Training Organisations and other training providers for those disproportionately affected by the pandemic, including women, young people, and Victorians from diverse backgrounds.

The investments are expected to create up to 80,000 new training places over four years.

The Building Better TAFEs Fund will receive $107.6 million, including $67.6 million for the second stage of the redevelopment of Chisholm Institute’s Frankston Campus and $40 million for the upgrade of Melbourne Polytechnic’s Collingwood Campus.

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This will provide Frankston students with a new multi-level learning facility, while the Collingwood campus will benefit from a rebuild of the campus to establish an education, industry and community precinct.

The budget also includes $74.8 million to ensure people get the skills they need for the jobs in demand. This includes a $57.4 million for the delivery of accredited skill sets that will support rapid training linked to jobs.

It also includes funding to embed skills and jobs in the procurement process for the North East Link and the new Footscray Hospital. The successful bidder for each project will be required to work with the Department of Education and Training and the Victorian TAFE network to establish a training delivery model that builds a pipeline of skilled Victorians working on these projects.

A new $33.2 million Big Build Apprenticeship Model will see up to 1500 apprentices and trainees a year work across Victoria’s major infrastructure projects while receiving the training they need to establish a rewarding and well-paid career.

Around $19.3 million has been set aside for an apprenticeships growth strategy, which includes $8 million for an apprenticeship innovation fund and $9.3 million for Apprenticeship Support Officers.

Training and Skills and Higher Education Minister Gayle Tierney said the State Government is giving Victorians the chance to get new skills and a new start – particularly those who have lost work through the pandemic.

“We want to make sure nobody gets left behind, with 80,000 new training places to help Victorians get the skills they need to secure a decent, stable job,” Tierney said.

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