Initial Workforce Plan
‘Building a skilled workforce’
Finance, technology and business occupations and skills are a significant part of Australia’s economy and skills needs are changing quickly.
At the same time, supply of these skills and workers is not maintaining pace with demand.
Key Themes
Training suitability
It appears that the Financial Services (FNS) training package is meeting learner expectations, but not consistently delivering the skills required by industry.
Digital capability gap
There is a gap in foundational digital capability across the workforce as it becomes a critical skill in all roles.
New technologies
Technological change, including generative AI, is reshaping finance occupations, with implications for skilling and pathways.
Pathways
Industry and students often lack clear understanding of training and skilling pathways into occupations and careers.
Enhancing trainer and teacher currency
Fast changing skill demands will require support for trainers and teachers to deliver training.
