Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Apprenticeship boost is welcome and needed.

Today's $7 million boost for industry training and apprenticeships is welcome news for employers, industry trainees, and apprentices, in the face of skills shortages across the economy, says the Industry Training Federation.

Tertiary Education Minister Paul Goldsmith and Associate Tertiary Education Minister Louise Upston announced the funding increase this morning at the ITF Workforce Development Summit in Wellington.

Ministers, MPs, agencies, employers, educators, and Industry Training Organisations have gathered to discuss skills, work, and productivity.

"148,000 industry trainees and apprentices are in jobs, furthering their careers, earning and learning, gaining qualifications, paying tax, and not racking up student loans," says ITF Chief Executive, Josh Williams.

"Today's funding boost recognises the current and future need for more apprentices and trainees in New Zealand. Skilled and qualified workers are the key to supporting prosperous communities and improving productivity."

We have a world-class system for developing skills and gaining qualifications across many industries. Today's summit is a great show of support for strengthening this system and boosting the role of industry in education, and learning in the workplace.

"We need more people, young and old, to see work-based learning as a valid pathway, at a time when industries are crying out for skills," says Mr Williams.

"Recognising the economic and social contribution of our current 148,000 industry trainees and apprentices, is a good start."

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: