Industry Training Fund

Funding is provided through the Industry Training Fund for Investment Plans in line with the following principles:

  • the tertiary education system will result in a high quality, valuable experience for the participating trainees and employers
  • funding is for the activities specified in an organisation’s Investment Plan and the outcomes approved for it, which in turn are linked with government goals and priorities, and trainee and employer needs
  • industry training organisations are accountable for achieving outcomes and delivery commitments in the Investment Plans for which they receive funding
  • changes that impact on funding or the delivery of outcomes should take place on a “no surprises” basis
  • industry training is expected to be supported by industry with an industry cash contribution.
  • Last changed: 16 June 2015
  • Last verified: 16 June 2015