Minister for Education Dan Tehan announced the Job-ready Graduates Package (the package) of reforms to higher education on 19 June 2020.
Under the Package, the Government’s funding of more than $18 billion in 2020 to fund Australia’s universities will grow to $20 billion by 2024. The package will create 100,000 new university places by 2030 and will provide additional support for students in regional and remote Australia.
The changes will deliver more job-ready graduates in the disciplines and regions where they are needed most and help drive the nation’s economic recovery from the COVID-19 pandemic.
The package will ensure better university funding arrangements, a better integrated tertiary system, targeted investments in national priorities, improved transparency and accountability, and more opportunities for regional, remote and Indigenous students.
For further details about this package see our discussion paper.
The Minister released the exposure draft legislation on 11 August 2020 for public consultation ahead of the Government introducing legislation to Parliament in the spring sitting period. Consultation closed on 17 August 2020. Submissions received in this process are now available.
The Higher Education Support Amendment (Job-Ready Graduates and Supporting Regional and Remote Students) Bill 2020 was introduced into the House of Representatives on 26 August 2020 and passed the House of Representatives on 1 September 2020.
On 3 September 2020, the Senate referred this Bill to the Senate Education and Employment Legislation Committee, with a reporting date of 25 September 2020. Information about this process is now available.
Read the submission from the Department to the Senate Standing Committee on Education and Employment.