The Fund is prioritised towards apprentices, trainees, and pre- and higher apprentices in the following key areas:
- occupations in demand
- occupations with a reliance on skilled migration
- industries and sectors of future growth
- trade apprenticeships
- rural and regional areas
- respect of people from targeted cohorts.
Jobs and growth are underpinned by a supply of Australian workers whose skills meet industry needs. The skills sector makes a significant contribution to Australia’s economic success, future productivity and growth. In 2015, around four million vocational education and training student enrolments accounted for two thirds of all post-secondary students.
An estimated $1.5 billion will be available for the ongoing Fund from 2017–18 to 2020–21. With matched funding from states and territories, this will support up to 300,000 apprenticeships, traineeships, pre-apprenticeships and higher apprenticeships.
The Skilling Australians Fund will underpin a new partnership with the states and territories. Under the new arrangements, there will be an emphasis on strong accountability, transparency and the delivery of clear outcomes.
The Commonwealth will agree to projects with the states and territories. All project proposals will need to demonstrate engagement with, and support from, employers and industry. It is critical that industry contribute to shaping the success of the Skilling Australians Fund.
A renewed focus on apprenticeships and traineeships will boost the number of people who choose and succeed in this pathway and help address skills shortages across Australia. Read the Skilling Australians Fund Fact Sheet for more information.