Alternative mechanisms to encourage individual contributions to vocational education and training
Authors:
Sandra Haukka, Jack Keating, Stephen Lamb
Publication date:
24 January 2005
Publication type:
Research report
Themes:
Industry and employers > Investment in training > General
VET system > Funding and financing > General
ISBN:
1 920896 23 6 print; 1 920896 24 4 web
Financing vocational education and training, as part of Australia's commitment to lifelong learning, will become a greater challenge as increased spending on other public services, such as health and welfare caused by an ageing population, constrains government education expenditure. This report examines a range of mechanisms to encourage individual contributions to and participation in vocational education, drawing on international examples, and presents available findings about the effectiveness of these mechanisms in the Australian context. The research suggests learning accounts and paid educational leave offer the most potential. Mechanisms must offer incentives for individuals to invest, preferably in conjunction with incentives for employers, such as taxation breaks and superannuation.
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