TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters ANZ
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    LeadersSpeak FutureProofHR
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Write For Us

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    LeadersSpeak FutureProofHR
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups
Government recurrent expenditure on CCET services was $82.3 billion: Report

News • 4th Feb 2022 • 2 Min Read

Government recurrent expenditure on CCET services was $82.3 billion: Report

Skilling#COVID-19

Author: Sudeshna Mitra Sudeshna Mitra
448 Reads
The Productivity Commission of the Australian Government published a report which reflects the effects of the pandemic on the education sector as well as the childcare sector.

With a number of continuing restrictions imposed on the travels, non-essential services free child care for working parents and implementation of the social distancing rules, the childcare, education and training sectors are likely to be affected. 

According to the report, the total Australian, State and Territory government recurrent expenditure on CCET services was $82.3 billion. This counts for 29.8% of the total government expenditure on services covered in the report. “School education was the largest contributor ($65.6 billion, table 4A.10), followed by ECEC ($10.5 billion, table 3A.4) and VET ($6.2 billion, table 5A.1),” the report reads. However, the expenditure data for higher education has not been collected in this report. 

While formal education starts at preschool and continues till post-school education, child care provides services to children aged 0–12 years, and in out-of-school care during the primary school years. The report states that formal learning doesn’t always move forward in a linear manner as there are many learning pathways an individual might take over their lifetime.

The study found that the successful transition from compulsory schooling to education, training and employment is particularly important, with a positive relationship between completion of year 12 and subsequent engagement. Nationally, according to the study, 69.3% of the 17-24-year-old school leaving students participated in education, training and/or employment. This is below the four previous years (74.0-75.5%); likely due in part to the impacts from COVID-19.

Qualifications are the indicators for the skills possessed by an individual as it understates the skill base because it does not capture skills acquired through partially completed courses, courses not leading to a formal qualification, and informal learning.

According to the findings, in 2020, nationally 63.7% of the 20-64-year-olds had the qualification certificates. Qualification rates at Certificate level III or above are highest for 35–39-year-olds and have been increasing over time. The proportion is lower across the remaining working-age population age groups. 

Read More

Did you find this article helpful?


You Might Also Like

APAC companies in need of CX experts: Report

NEWS • 13th Apr 2022 • 2 Min Read

APAC companies in need of CX experts: Report

SkillingRecruitment
Fujitsu and Queensland launch skills program

NEWS • 7th Apr 2022 • 1 Min Read

Fujitsu and Queensland launch skills program

SkillingLearning & DevelopmentLearning Technology
Apple announces $50Mn to upskill supplier workers

NEWS • 31st Mar 2022 • 2 Min Read

Apple announces $50Mn to upskill supplier workers

Skilling#SkillUp
NEXT STORY: Australia offers refund on holiday working visa for 2022 travels

Trending Stories

  • design-thinking-hr

    Visier acquires Yva.ai

  • design-thinking-hr

    Power shift is a litmus test for how leaders make decisions ...

  • design-thinking-hr

    iXceed Solutions’ Yogita Tulsiani on how non-engineering t...

  • design-thinking-hr

    What Ted Lasso can teach us about creating psychological saf...

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Write For Us

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
×

Your opinion matters:

Tell us how we're doing this quarter!

01
02
03
04
05
06
07
08
09
10
People Matters Logo

Welcome Back!

or

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.