Job-ready Graduates Package legislation passed parliament

This content was published on Friday 23 October 2020. There may be more recent updates available.

On 19 October 2020, the Australian Parliament passed legislation for the Job-ready Graduates Package (the package) of reforms to higher education.

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Under the package, Government university funding of $18 billion in 2020 will grow to $20 billion by 2024.

The package will create up to 30,000 new university places, and 50,000 new short course places by 2021 and provide additional support for students in regional and remote Australia. Further, in 2021 an additional $1 billion has been allocated to support the vital research activities of Australia's universities.

The changes will deliver more job-ready graduates in the disciplines and regions where they are needed most and help drive the nation's economic recovery from the COVID-19 pandemic. 

The package will ensure better university funding arrangements, a better integrated tertiary system, targeted investments in national priorities, improved transparency and accountability, and more opportunities for regional, remote and Indigenous students.

For more information, visit the Job-ready Graduates Package.