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Vocational education and training (VET)

The world of work is changing. Fast.

Advances in technology, global competition and economic disruption are transforming Australia’s employment landscape. In all sectors, the jobs we do, and how we do them are evolving faster than ever before. 

A skilled workforce is essential to Australia’s continued global competitiveness and economic prosperity, which is why PwC is working together with government and industry to give people the best possible chance of obtaining meaningful employment, now and in the future.

We specialise in VET reform – driving employer engagement in determining how the workforce should be skilled and developing new pathways into professions, particularly at higher levels. Our initiatives aim to:

  • Enable the individual to effectively manage their careers throughout their lives
  • Improve the provision of skills in the economy to improve productivity
  • Contribute to the delivery of quality, accessible training

A crucial part of this is to put employers at the heart of skills development. PwC’s Skills team works directly with industry, listening to their needs and enabling ongoing dialogue to accurately identify current and emerging trends in the global and domestic economy, and understand how they impact on what skills are delivered and the way in which they are delivered.

Individuals must also be encouraged to appreciate the value of obtaining these skills. VET provides flexible and relevant entry paths into long and rewarding careers, so it’s important for individuals to be confident that taking a particular training program will be valued by employers and lead to a job, or a better job. Similarly, employers must have confidence that learning and training prepares individuals for the world of work where they will be working collaboratively, using technology, and performing multiple skills at the same time. This way, employers become champions of the vocational route and learners and influencers value it more.

The PwC Skills team brings together expertise from all aspects of the education and training sector. We have worked extensively with both government and industry, domestically and internationally across a number of high-profile large scale initiatives.

As the leading adviser in the VET sector, PwC has worked with education departments and registered training organisations across Australia on a range of projects including:

  • Operating as a Skills Service Organisation, with responsibility for the development of industry relevant competencies across eight sectors; Financial Services, Business Services, Information and Communications Technology (ICT), Printing and Graphic Arts, Culture and Related, Industries and Education, Automotive and Mining, Drilling and Civil Infrastructure.
  • Designing and delivering a ground-breaking Higher Apprenticeship and Traineeship Pilot.
  • Working to improve Australia’s careers support system, including what and how a range of careers information, advice, guidance and services are delivered in schools and beyond. 
  • Conducting independent reviews of operations for a large and small private Registered Training Organisations (RTO).
  • Developing and facilitating a commercial skills course for a several TAFEs to improve the tools and staff capability to capitalise on opportunities.
  • Facilitating stakeholder consultation workshops at various organisations including Federation Training, The Gordon TAFE, Victoria University, and the Centre for Adult Education. We also assisted a regional TAFE to assess business models.
  • Development of financial forecasts and models to assist TAFEs with cash flows, forecasting and assessment of commercial opportunities.
  • Preparation of feasibility studies and business cases to assess commercial opportunities for TAFEs.
  • Development and implementation of asset master plans for TAFEs and alternate use of physical assets for commercial opportunities.
  • Assistance with development of strategies to design Centres of Excellence in specific fields of study and the use of new technologies to augment the student experience and links with industry.
  • Preparation of model financial statements for TAFEs to meet government and industry requirements.
  • Legal advice in protection of TAFE intellectual property and the development of stand alone entities for commercial purposes.
  • Development of strategies to access international markets and detailed market reviews of the South East Asian VET market.
  • Assisting in the design of a Performance and Accountability framework for TAFEs to help both government and the TAFE sector manage their performance more effectively.
  • Developing a Conceptual Framework to classify providers and direct Government funding in line with reviews undertaken by the Mackenzie VET funding Review.
  • Supporting the complex merger of three TAFE bodies into one (TAFE SA). This also involved managing projects in relation to the underlying transformation program.
  • Designing and implementing a CRM system for TAFE SA.

Contact us

Chris Matthews

Partner, Education & Skills, PwC Australia

Tel: +61 424 305 210

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