World‑class infrastructure for knowledge and skills
The vocational education and training sector not only needs to expand activity in its traditional areas; it also needs to ensure it is flexible and responsive enough to meet the changing needs of our society — in rural, remote and regional Australia, as well as in city centres and outskirts.
Fostering an innovative knowledge‑based economy
The Government has already invested $810 million (including $104 million from the Education Investment Fund) to revitalise vocational education and training facilities.
Modern infrastructure is crucial to learning and fostering an innovative knowledge‑based economy. The Government has already committed $4.15 billion to build world‑class tertiary facilities through the Education Investment Fund (EIF).
This Budget provides further support for the infrastructure needs of regional students — who are under‑represented in higher education.
Delivering for the regions
A Regional Priorities Round of the EIF will deliver $500 million to support capital investment projects in regional higher education and vocational education and training institutions.
