news
A $ 20 million boost to the Innovative Teacher Training Fund hopes to attract quality teachers , along with converting 10,000 teachers and 6,000 administrative current casual and contract staff to permanent positions .
To support students with mental health needs and disabilities , 250 additional school counsellors will enter the system and will be met with the $ 27,000 pay rise agreed on by the government and NSWTF in early September .
INCREASE IN FEE-FREE VOCATIONAL TRAINING AND APPRENTICESHIPS Vocational education , such as TAFE , will receive a ‘ thorough review ’ and $ 112 million to meet its funding shortfall , along with supported fee concessions for people with welfare beneficiaries or a disability when undertaking Certificate IV and below qualifications through the Smart and Skilled program .
In-demand skills in industries will be met with 1,000 extra apprentices by 2026 at a cost of $ 93.5 million , and fee-free training for formal components of apprenticeships and traineeships .
A recent labour market update reported professions that require a skill level of two to four , where vocational education and training ( VET ) qualifications are the primary pathway , accounted for over half of total employment growth over the year to May 2023 .
The budget ’ s $ 13 billion in cuts and savings and the tax increases on big multinationals will fund the promised $ 3.6 billion in pay rises for public sector workers such as nurses and teachers .
“ If we want a world-class health system , we have to train , recruit and retain enough health workers to staff our hospitals ,” the Treasurer said .
“ The government will work to rebuild essential services by working to fill labour shortages .
This deal will see graduate teacher salaries rise from $ 75,791 to $ 85,000 , while the highest paid teachers will receive an increase from $ 113,042 to $ 122,100
“ The Essential Services Fund will give them certainty and help bolster their ranks to ensure essential services workers are supported to deliver the best outcome for the people of New South Wales .”
NSW ’ s overall debt is climbing and will reach $ 188.2 billion by 2026 , exacerbated by rising interest rates . However , the government forecasts there will be an $ 844 million surplus for 2024-25 thanks to this year ’ s modest spending . ■
Explore Postgraduate Education
UTS CRICOS 00099F / UTS TEQSA PRV12060
– Secondary Education – TESOL & Applied Linguistics – Learning Design
Contact us for a 1:1 discussion and have all your questions answered
40573 educationreview . com . au | 9