![]() He said one of the biggest disadvantages faced by VET students was not having access to the generous university loan scheme. ![]() "The Commonwealth has more or less maintained what it puts in but the states have really dropped the ball." "Between 20, state governments took $1 billion out of vocational education and training," he said. Professor Peter Noonan, an expert in tertiary education policy from the Mitchell Institute at Victoria University, told 7.30 he was deeply worried. Go and look at other countries, go and look at Germany, go and talk to any senior business person in the United States, particularly the people in the big technology companies, and they'll say to you it's the vocational system we should be focusing on now." "We'll have another skills shortage then we'll have another debate about bringing in foreign workers, or we will just lose new businesses and new activities to other countries where they have a more trained and skilled workforce," Ms Westacott told 7.30. Ms Westacott fears, "we will have to spend billions to put it back together". There are serious concerns funding cuts to the vocational education and training (VET) system have left it in no shape to meet that challenge. The rapidly ageing population, construction of major infrastructure, a growing taste for eating out and the full rollout of the National Disability Insurance Scheme (NDIS) will drive many of the new jobs. The Federal Department of Employment predicts almost half of those jobs created will require a vocational qualification. That's according to Business Council chief executive Jennifer Westacott, who says Australia faces a crippling skills shortage unless more funding is urgently returned to vocational education. Almost 1 million jobs will be created in Australia over the next five years but there won't be enough skilled workers to fill them.
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