Budget cuts funding for apprenticeships

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By Leith van Onselen

The Australian has reported that this year’s Federal Budget has slashed funding for apprenticeships by $200 million:

Federal funding promised for apprenticeships and training by 2021 has been cut by $200 million as a revenue shortfall forces the government to overhaul and extend its troubled skilled workers fund.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.