Industry Coverage

The Financial, Administrative and Professional Training Council Inc (FAPSTC) is a not-for-profit industry training advisory body. As one of 10 advisory bodies covering the breadth of WA industry, we provide vocational education and training advice to the WA Department of Training and Workforce Development and a provide conduit to and from industry in regard to their training needs.

Each year we contribute to the State Training Profile, a document that provides a planning framework for WA's vocational education and training system. The full report is located via the State Training Board's website, and a summary of the Financial, Administrative and Professional Services Training Council's industries is provided below.

Finance & Insurance :

The Finance & Insurance Industry covers the financial services sector of banking and investment, insurance, conveyancing, credit unions and finance companies, financial planning and superannuation.

The Finance & Insurance industry contributes around 4.2% of the Gross State Product and employs about 26 950 or 2.6% of Western Australia's workforce across a broad range of occupations. The top four occupations in the sector are :

• Bank workers
• Financial dealers and brokers
• Financial advisers
• Credit and loan officers

WA's share of the nation's 30 000 enterprises in the industry is, at 6.9%, slightly lower than its population share af around 10%, but this reflects the tendency for financial institutions to be highly centralised with head offices operating out of Sydney and/or Melbourne.

According to NIEIR (June 2006) employment for this industry is expected to have an average annual growth of 2.1% of the period 2005/06 to 2012/13.

The industry's workforce is characterised as :

• Predominantly female workforce (57%)
• Relatively young
• High levels (around 78%) of fulltime employment
• High percentage (55% in 2001) with no post-school qualification

Property & Business Services :

The Property & Business Services sector is one of the largest in WA's economy with over 110 000 employees covering around 600 diverse occupations. The largest of these are :

• Commercial cleaners
• Secretaries
• Property Managers
• Security Officers
• Receptionists

In 2005/6 the industry contributed 10% to the WA Gross State Product and according to NIEIR (June 2006) is expected to have average annual growth at 3.9% over the period 2005/06 to 2012/13.

Due largely to outsourcing of non-core functions, the sector has experienced high employment growth over the past 5 years and this is expected to continue.

There is a predominance of small and micro-businesses in the sector, with over 22% of all small businesses operating in industries within the Property & Business Services area.

Generally, most employees are male and most work full-time, however this varies greatly across the many diverse industries and occupations within the sector.

For a list of websites that can give you further information on careers in the Financial, Administrative or Professional Services sectors please click here