VET numbers drop in schools

The number of students undertaking vocational education and training (VET) as part of secondary education has decreased in the past year, according to the latest data from the National Centre for Vocational Education Research (NCVER). In 2022 there were 242,945 VET in Schools students according to NCVER, a 3.3 percent decline from 2021. Of those…

Manufacturing news briefs – stories you might have missed

IDT Australia raises $2 million from shareholders Melbourne pharmaceutical manufacturer IDT Australia has raised $2 million via an over-subscribed share purchase plan to existing shareholders. The raising followed the successful completion of a $5 million placement to professional and sophisticated investors. The total capital raised will be used to fund the company’s capital expenditure programme…

New manufacturing jobs and skills council established

The Minister for Skills and Training Brendan O’Connor today announced the establishment of three new skills councils including the Manufacturing Industry Skills Alliance (Manufacturing Alliance). Formally IBSA Group, the Manufacturing Alliance is an industry-owned and industry-led organisation supporting the development of skilled workforces enabling modern manufacturing industries to succeed. The CEO Manufacturing Industry Skills Alliance…