From the Department of Education, Employment and Workplace Relations website:
The Rudd Government will invest $243 million over the next four years to transform Australia’s Vocational Education and Training (VET) system as part of the Skills for Sustainable Growth package. This new training system will provide more Australians with greater access to high-level qualifications to advance their own careers and help strengthen the economy.
These reforms will provide employers with more confidence in the skills and qualifications of their employees, regardless of where they have been trained in Australia. Employees will also be able to invest in their own education and training with an assurance about the quality and transferability of their qualifications.
The National Entitlement to a Quality Training Place means that all young people under 25 years would have guaranteed access to a course that enables them to get a first qualification or to lift their qualifications to the next level.
Quality Skills Incentive – The Federal Government will provide almost $130 million to lift the performance of Australia’s vocational education system, which currently provides training and education to more than 1.7 million Australians.
Transparency in the VET System: The Rudd Labor Government will provide $4.1 million to develop MySkills, a website that will provide Australians with robust information to help them select a VET provider. The website will be launched in July 2011 and will cover publicly-funded VET providers across the country.