Three Australian Skills Centres of Excellence to be established
The Australian Government will provide $18.1 million over four years for the establishment of three Australian Skills Centres of Excellence (ASCE) to support innovative production processes and teaching and learning methods in the Vocational Education and Training (VET) sector.
The funding will be sourced by the redirection of funds from the National Workforce Development Fund (NWDF) which was established in the 2011-12 Budget as part of the Building Australia's Future Workforce package to support training and workforce development in areas of current and future skills need.
Each ASCE will receive $2.0 million per annum and be administered by a consortium led by a registered training organisation in partnership with industry, state and territory governments and other relevant stakeholders, which will be required to make a co‑contribution to the cost of establishing the centres.