2016-11-08 Services & Organisation Committee Agenda

Education and Training

Who:                                                             •   The Queensland Government has identified increasing
                                                                     the contribution of international education and training
The Australian and New Zealand Standard Industry                     to regional economies as a strategic imperative in its
Classifications (ANZSIC) captures preschool, school,                 draft International Education and Training Strategy to
tertiary, adult community and other education, and                   Advance Queensland 2016-26.
education support services under the Education and
                                                                 According to an Ibis World Industry Research Report of
Training category. This Plan’s focus of actions will be on
                                                                 June 2016, revenue is expected to grow across this sector
growing the contribution of tertiary education and adult,
                                                                 generally despite some uncertainty around regulation and
community and other education to the local economy.
                                                                 funding in the sector. Additionally, university and other
                                                                 higher education is in a growth stage of its lifecycle, with
What:
                                                                 the industry expected to grow nationally at an annualised
The Education and Training sector:                               4.6% (value added), across the five years through 2015-16.

•   Currently contributes 6.9% to the local economy              Recent structural reform occurring within tertiary
    in terms of gross regional product by value add,             education aims to see 40% of Australians aged 25-34
    ranking sixth of nineteen sectors behind construction,       achieve a bachelor level qualification by 2025.
    retail, health care and social assistance, financial and
    insurance services and accommodation and food                Barriers to entry in technical plus vocational education
    services                                                     and training have been reducing as government activated
•   Currently ranks fourth in the top five employment            reforms take place. These reforms look to respond to
    sectors in Noosa Shire accounting for 9% of                  student driven demand and provide greater access to
    employment. Employment numbers in the sector                 student loans. These policy changes have seen growth in
    grew by approximately 500 positions between 2001-11          the number of private providers and a competitive business
•   A labour intensive industry providing skilled                landscape develop.
    employment opportunities. From an income by
    industry perspective the average weekly income in this       How:
    sector within the Noosa Shire sat at $1,135.00 inflation
                                                                 Noosa is well positioned to take advantage of industry
    adjusted to November 2014
                                                                 trends through initiatives that:
•   Universities and other institutions in this sector play a
    critical role in fuelling innovation, driving productivity   • enable increased connections and collaboration between
    and adds substantially to the cultural fabric                  industry stakeholders
•   Can potentially leverage the regions Tourism                 • generate increased business activity to grow the tertiary
    reputation and Biosphere status to attract international       sector
    students and research projects                               • increase employment and career opportunities
•   Services local demand and exports outside of the             • encourage course delivery that aligns with the Noosa
    region and supports other key industry sectors                 brand and priority industry sectors.