What the Victorian budget means for hospitality

02 May, 2018 by
Annabelle Cloros

The 2018-19 Victorian State Budget has been released, with millions allocated to training and education in the industry.

The $50 million Head Start program will give 1,700 students the opportunity to complete their VCE while completing their apprenticeships.

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Career education will receive a $109 million injection, which will assist student in planning their future careers.

The government has also pledged $172 million to free TAFE courses to trains tens of thousands of students in 30 high-priority fields, including Hospitality Certificate III.

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For small businesses, the payroll tax-free threshold has increased to $650,000 and the payroll tax rate for regional businesses has been cut to 2.4 per cent.

The R&CA has welcomed the budget, and says the funding programs will help address the skills shortages facing the industry.

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“It is absolutely vital for younger Victorians to have proper information and advice at their fingertips when making a life-changing decision such as what career path they should choose,” says Juliana Payne, R&CA CEO.

“There is an imperative to communicate the benefits of a long-term career in the hospitality sector at an earlier stage in a student’s life and we are pleased that the Victorian Government’s Budget will enable this outcome to be achieved.”

Image credit: Business Today