Skilling Australians Fund

For: 

The Australian Government is committed to working with industry to ensure the vocational education and training (VET) sector responds effectively and efficiently to the skills required by employers and supporting apprentices and trainees through the Skilling Australians Fund (the Fund).

An estimated $1.5 billion will be available from the Government for the ongoing Fund between 2017–18 to 2021–22. With matched funding from states and territories (states), the Fund will grow the number of apprentices and trainees to support Australia’s future productivity, jobs and growth

In 2017–18, the Government provided around $187 million from the Fund to support approximately 50,000 additional apprentices, trainees, pre-apprentices, pre-trainees and employment-related training projects, ahead of the commencement of the Fund’s National Partnership Agreement (NPA). Read the 2017-18 Projects Factsheet for more information.

The Fund is now being managed through a new project based NPA with states that commenced on 1 July 2018. Under this four-year Agreement, there is an emphasis on accountability, transparency and the delivery of clear outcomes. Funding will be prioritised towards apprenticeships and traineeships across a range of key priority areas

Six states have signed the Agreement: New South Wales, South Australia, Western Australia, Tasmania, Australian Capital Territory and Northern Territory. These states will have the opportunity to develop projects for consideration by the Australian Government.

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 Fund. The Government will continue to work with the remaining states on signing the Agreement

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