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Financial Incentives to Promote Adult Learning in Australia

image of Financial Incentives to Promote Adult Learning in Australia

Australia requires a strong system of adult learning to position firms and workers to succeed as skill demand changes. The country has scope to improve the coverage and inclusiveness of its adult learning system as coverage has declined since 2012, and several vulnerable groups are under-represented. Financial incentives, if carefully designed, can raise participation in adult learning by addressing cost and time barriers. This report summarises the advantages and disadvantages with various financial incentives to promote adult learning based on international and Australian experience. Drawing from these insights, as well as analysis of individual and firm-level barriers, the report provides policy recommendations for how Australia could reform its financial incentives to boost participation.

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A portrait of adult learning participation in Australia

This chapter discusses global trends that are changing job content and skills requirements. It provides a brief comparative snapshot of how well Australia performs on various priorities of adult learning systems, with a focus on trends in the participation of individuals and provision by employers. It identifies groups of adults who have difficulties accessing training and who may have a harder time adapting to changes in skills demand, as well as firms that have difficulties providing training. Finally, the chapter provides an overview of the financial incentives that Australia has in place to promote participation in adult learning.

English

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