SNAPSHOT - WHAT A REFORMED TRAINING SYSTEM WILL LOOK LIKE Have a new, stable funding model which will be responsive to the Government will be more active in managing the training market needs of students, industry and the changing economy and will work with industry and the new Victorian Skills Commissioner to ensure that the market provides the training Government and the economy needs. Target funding towards quality training that leads to jobs, increased productivity and economic growth Victoria’s VET system will operate under three overarching objectives: Provide levels of funding that reflect the cost of Deliver quality training that meets current and delivering quality training future industry needs See TAFE institutes, Learn Local and other community providers thrive, with new funding streams that allow them to again play Ensuring employer confidence through the availability of a their unique role in generating adaptable and productive workforce and servicing the job the skills that Victoria and supporting needs of local communities, industries and the economy. disadvantaged learners Grow employment and further education Include a new, more supportive model for high needs learners, outcomes which will incorporate new approaches to ensure that funding is targeted to those students who need it most Helping people to transform their lives, their careers and their future and move between different stages of education and Be consumer-focused and provide more information and training. support for students and employers to assist them in making training choices Promote equity and address disadvantage Provide dedicated funding through a Workforce Training Creating job and study opportunities for all Victorians to get the Innovation Fund, which will bring industry and providers skills they need for the jobs they want, no matter their level of together to develop cutting edge programs for the future disadvantage or their situation. workforce In developing a new system, Government will seek to: Target funding for training delivery the market is not likely to deliver the best outcomes, such as in thin markets or More actively engage with industry to boost specialist training in regional areas. productivity and deliver workforce needs 14
SNAPSHOT - WHAT A REFORMED TRAINING SYSTEM WILL LOOK LIKE Government will be more active in managing the training market and will work with industry and the new Victorian Skills Commissioner to ensure that the market provides the training Government and the economy needs. Victoria’s VET system will operate under three overarching objectives: Deliver quality training that meets current and future industry needs Ensuring employer confidence through the availability of a adaptable and productive workforce and servicing the job needs of local communities, industries and the economy. Grow employment and further education outcomes Helping people to transform their lives, their careers and their future and move between different stages of education and training. Promote equity and address disadvantage Creating job and study opportunities for all Victorians to get the skills they need for the jobs they want, no matter their level of disadvantage or their situation. In developing a new system, Government will seek to: More actively engage with industry to boost productivity and deliver workforce needs Have a new, stable funding model which will be responsive to the needs of students, industry and the changing economy Target funding towards quality training that leads to jobs, increased productivity and economic growth Provide levels of funding that reflect the cost of delivering quality training See TAFE institutes, Learn Local and other community providers thrive, with new funding streams that allow them to again play their unique role in generating the skills that Victoria and supporting disadvantaged learners Include a new, more supportive model for high needs learners, which will incorporate new approaches to ensure that funding is targeted to those students who need it most Be consumer-focused and provide more information and support for students and employers to assist them in making training choices Provide dedicated funding through a Workforce Training Innovation Fund, which will bring industry and providers together to develop cutting edge programs for the future workforce Target funding for training delivery the market is not likely to deliver the best outcomes, such as in thin markets or specialist training in regional areas. 14
Skills_and_Jobs_Ed_State_Response.docx