Edition 78, May 2010

Establishment of Critical Skills Investment Fund

To boost the skills of the workforce, particularly in the construction, infrastructure, renewable energy and resource sectors, the Australian Government will invest more than $200 million in the Critical Skills Investment Fund.

Demand in these areas has threatened to outstrip supply. At the same time, youth unemployment remains high in many parts of Australia. This package will provide Australians with the skills needed to support a sustainable economy, and to share in the benefits of growth.

Over $200 million has been provided for the establishment of a Critical Skills Investment Fund to deliver up to 39,000 new places in sectors where there is a high demand, addressing emerging skills shortages in partnership with industry.

For more information visit http://budget.australia.gov.au/

This page was generated on 31 May, 2010