In recent years, direct trade with China has contributed 5.5% to Australia’s GDP and figures have only increased.
November 2014 saw the landmark Australia China Free Trade Agreement (ChAFTA) launched – giving Australians the access new to the world’s second largest economy. This agreement is for all products imported via Business to Business (B2B).
The agreement puts Australians in a competitive position in key areas such as aged care, agriculture, education, manufacturing exports, services, investment, resources and energy. Alongside trade deals already signed with Korea and Japan, ChAFTA is the newest piece of a powerful alliance between Australia’s major trading partners in North Asia. Continue reading
A new Vocational Education and Training (VET) Student Loans program introduces caps from January 2017 with more stringent criteria to be a provider, and bans brokers. It will be very interesting to see how the caps, aligned with actual costs, will be determined and what evidence will underpin decision making.
This one program will not, “… return integrity to the vocational education sector.” Continue reading
A topic that is probably on your mind too, with a webinar for the Vivacity National Conference audience on the Future of Vocational Education and Training (VET) in Australia and Overseas, a presentation on VET Reform/Transformation at EduTECH, and Engaging Employers in Skills Development for the 21st Century with the Australian Government and OECD, this blog post pulls together intelligence on VET into 2016-17.
The challenge for the Australian VET system is relevance and for Registered Training Organisations (RTOs) it is sustainability but how so? Continue reading
There could be a number of reasons why VET experts might suggest that providers should be thinking globally and operating internationally.
I believe that if you have an aspiration to run a high quality Registered Training Organisation (RTO) then you should be aiming for ‘world-class’. This means being aware of trends, opportunities and capabilities across different countries, and partnering with Australian and overseas institutions to build community capacity and 21st Century skills. Continue reading
Brazil is investing in vocational education – a great example of a country focused on skill growth, not educational arrogance.
They’ve embraced vocational education as their growing oil and gas industries have required more skilled professionals, including welders, electricians, builders and IT specialists. The infrastructure projects boom, in preparation for the 2016 Olympics, has also led to a skills demand.
The Brazilian Government has boosted vocational education funding from $385 million to $3.8 billion. That’s huge growth and, what’s even more interesting, the Government now refers to vocational education as “professional” education, with schools now called technical institutes.
Institutes have tripled, over the last 8 years Continue reading
Russia’s Technical Vocational Education and Training (TVET) system is facing the challenge of delivering a qualified labour force – one that meets the needs of the country’s rapidly developing economy.
Some major issues the country is coming up against include:
- An inconsistency between applied modern technologies and those taught on TVET courses
- A lack of teachers’ and trainers’ skills when it comes to innovations and developments in subjects taught
- Poor communication between TVET providers and labour-market players; and
- Insufficient involvement of the private sector and poor availability and organisation of skills upgrading courses.
Let’s have a look at how the education system is structured in Russia. Continue reading
It is fair to say that Vocational Education and Training (VET) in Australia has been going through a paced reform process but things are about to get sped up with global forces and digital disruption taking over.
Back in 2013 we were predicting many of these reforms and were talking about the need for Registered Training Organisations (RTOs) to collaborate, diversify, niche or die (This is the presentation at the ACPET National Conference in 2013 – you can have a laugh at the Vanilla Ice sound bites!).
Now the question for most of you is “how can I jump ahead of my peers, carve out pole position in innovative products and services, and integrate new discovery technologies into my business?”
It is fitting to be writing this thought provoking blog today at the end of the quarter, outlining the 9 things that RTOs must come to grips with in the next 3 months so you are not left behind. Continue reading
Over half (53.8%) of Peru’s population is under the age of 25 and the number of people entering the workforce is on a steady rise too.
Between 2003 and 2011, the workforce grew from 2.3 million in 2003, to 3.7 million. However, Peru is battling a large unskilled workforce, with many of their local talent leaving for opportunities abroad.
Peru’s construction industry
Mexico is experiencing its lowest unemployment since 2008, according to recent statistics. More Mexicans are entering the workforce everyday – which is positively linked to investment in education.
Investing in their workers
While one of the fastest-growing economies in South America, Chile is in need of skilled workers – particularly in mining and construction. However, due to the country’s low unemployment, local employers are recruiting and training workers.
In an attempt to address the skills gap, the Government has launched the More Opportunities and Better Jobs program, which aims to make Chile’s economy stronger by 2020. Over 50 initiatives, including lowering taxes and attracting investment, will drive this mission. Continue reading