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TAE Online Learning and Assessment draft Training products for review

PwC’s Skills for Australia on behalf of the Education Industry Reference Committee, are seeking feedback on the TAE Training and Education Online Learning and Assessment draft Training Products. Earlier feedback has been integrated, so this is a chance for stakeholders to verify that the draft training products meet industry needs. Draft Training Products can be...

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Boosting Apprenticeship Commencements deadline approaching

The deadline date for eligibility for the Boosting Apprenticeship Commencements wage subsidy of 31 March 2022 is approaching. Through the subsidy, any business or Group Training Organisation that engages an Australian Apprentice between 5 October 2020 and 31 March 2022 may be eligible for a subsidy of 50 per cent of wages paid to a...

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NCVER report – Engaging more employers in nationally recognised training to develop their workforce

The latest research by National Centre for Vocational Education Research (NCVER) examines the factors in the current VET environment that influence employers’ decisions when choosing training options, in particular, nationally recognised training. View the report.

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Completing exam top priority for advisers in 2022

BT Financial Group has revealed that the most-talked-about task from advisers on its hotline in the last quarter of 2021 was the financial adviser exam. As of 1 January 2022, financial advisers who are ‘existing providers’ or new financial advisers must pass the exam to comply with the professional standards for financial advisers. Australian Securities...

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Australian Industry Standards – Industry Skills Survey 2021-22

Australian Industry Standards (AIS) are inviting stakeholders from a number of industries to share their views about the key issues affecting their industry by completing their annual Industry Skills Survey. This is an opportunity to help identify the skills needs for the 11 sectors supported by AIS and results of the survey will assist in...

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LinkedIn Jobs on the Rise 2022

New research by LinkedIn reveals Australia’s most sought-after jobs in 2022. A report released by LinkedIn on Tuesday found Human Resources (HR) and Technology roles are on the rise and have been the fastest-growing job titles over the past five years, according to data analysed up to July 2021. HR came out on top, with...

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Federal Government announces visa rebates for backpackers and international students

The Federal Government will refund visa application fees for international students and backpackers heading to Australia over the next few weeks (eight weeks for students and 12 weeks for backpackers). It is hoped that the initiative will attract some of the 150,000 students and 23,500 backpackers who currently hold Australian visas and help fill critical...

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Quality of Advice Review to examine advice framework for accountants

The Draft Terms of Reference for the Quality of Advice Review were released by Treasury last month. In response to recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, the Quality of Advice Review will consider how the regulatory framework could better enable the provision of high quality, accessible...

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Government proposes ‘experience pathway’ for advisers without degrees

The Government has proposed an “experience pathway’ that will mean financial advisers with 10+ years of full-time experience gained over the last 12 years will be exempt from obtaining a university degree. The policy paper ‘Education Standards for Financial Advisers’ released by the Treasury last month sought to streamline the minimum education requirements and recognise...

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Wealth and asset managers set sights on automation

A survey by automated reconciliations firm AutoRek and Worldwide Business Research has found that the availability of automated systems and adequately skilled staff are among the top concerns for financial services businesses. Read more.