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Businesses deprioritising training, risking a serious skill gap
According to research from RMIT Online and Deloitte Access Economics, there are critical skills gaps affecting a variety of industries with four of the top five gaps in technology skills. However, many employers are reducing employee training budgets, which the research asserts will create a significant skills loss (valued at $2 billion in 2024). This...
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Future Skills Organisation releases initial workforce plan
The Future Skills Organisation’s Initial Workforce Plan reveals the growing demand for finance, technology, and business skills in Australia. The report highlights the demand for occupations with these skills, challenges faced due to shortages and priority actions to be taken across key themes of training suitability, digital capability cap, new technologies, pathways, and enhancing trainer...
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Government introduces plans to overhaul the migration system
Proposed changes include bringing migration back down to sustainable, normal levels. The proposals include boosting productivity, meeting skills shortages and supporting exports, complementing the jobs, wages and conditions of domestic workers and preventing migrant worker exploitation, giving migrants the opportunity to invest in their lives in Australia through permanent residence and citizenship, building stronger economic and...
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The Advisers Association calls to remove financial adviser exam
At present, Financial Advisers are required to sit an exam to establish a level of professional competence in addition to attaining a tertiary qualification. The Advice Association agrees that the financial adviser exam was necessary initially as not all professionals met the Financial Adviser Standards and Ethics Authority (FASEA) recognised tertiary qualifications. Recent graduates however,...
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2024 Centre for Transformative Work Design Conference
The Centre for Transformative Work Design’s inaugural conference, ‘Work Design for Success: Innovative Research and Leading-Edge Practice‘ will be held between 12-14 February 2024 in Perth. The 3-day event aims to inspire discussions around creating healthier, happier, and more productive workplaces. The 3-day event, designed for Human Resource Professionals and senior managers, will cover topics...
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National classification of occupations under review
The Australian Bureau of Statistics is reviewing the Australian and New Zealand Classification of Occupations (ANZSCO) to ensure that the occupations listed accurately reflect a contemporary labour market. The ANZSCO is integral in Australian Government policies around educational pathways, skilled migration programs and workforce strategies. Consultation is currently open for round 3 and closes on...
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Government urged to put financial literacy on the curriculum for all high school students
The Women’s Economic Equality Taskforce has released its 10-year-plan with seven recommendations to address inequality in the Australian economy. As the Training Council with coverage of the Finance sector, FAPSTC is most excited about Recommendation six, which supports the introduction of financial literacy training in schools for all students to assist them in navigating milestones in...
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New appointment at the Department of Justice
The Minister for Corrective Services, Hon. Paul Papalia, announced the appointment of Brad Royce APM as the new Corrective Services Commissioner at the Western Australian Department of Justice. A major overhaul of the Department of Justice management structure is also underway, which will include the splitting of the Deputy Commissioner position for Women and Young...
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Working Future – Australian Government Employment Services White Paper
With the current unemployment rate at its lowest and employment rate at a higher level than recent years, the Working Future White Paper was created to act as a roadmap so every Australian can benefit from the upcoming changes to our economy and society. Working Future aims to concentrate on the following objectives: Deliver sustained...
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Congrats to TeamWA at WorldSkills National Championships
FAPSTC wishes to extend our congratulations to the 68 competitors of TeamWA on their successes at the WorldSkills National Competition in Melbourne. The team brought home 26 medals, including 13 gold, seven silver, and six bronze medals. We also congratulate one of our colleagues from the Training Council network, Mark Harper (Engineering and Automotive Training...
