Change Ahead for VET FEE HELP

Change Ahead for VET FEE HELP

Simon Burmingham, the Minister for Education and Training this week announced sweeping changes to the VET FEE HELP sector. There is lots being written about the specific, but in short, the amount a student can borrow for a course has been reduced. Depending on the course, it could be as little as $5000 going up to a maximum of $15,000. Training organisations are able to charge more, but students will no longer be able to fund the additional fees via the VET FEE HELP scheme. It is hoped this will draw an end to the sky rocketing cost of training in the VET sector. Minister Burmingham has also made changes to the courses that are eligible for funding with some 478 courses slated to be removed. You can see the full list here. The Department is calling for feedback on the proposed changes and at OTrain we’re encouraging everyone to review their own courses and structures and to provide feedback that will influence the final outcome. Remember, if you’re not part of the conversation, you can’t be too upset when the results don’t fall your way. You can have your say by providing feedback to [email protected] Feedback must be received by 23 October 2016 and contain the subject line ‘Feedback on the eligible course list’. There are Fact Sheets and a list of eligible courses available here. Whilst these changes have been designed to drive out the dodgy operators, they will no doubt have a significant impact on organisations doing the right thing, but reliant on VET FEE HELP and the current pricing model to survive. If this is...
What does the Future of Work look like?

What does the Future of Work look like?

We were lucky enough to be invited to attend the RedEye Future of Work Conference in Brisbane this week as an exhibitor and speaker. With the theme obvious, the discussions and information shared was not. Dr Alexandra Bratanova, Research Scientist at Data61 CSIRO, set the stage sharing with us the data that shows how the workforce has changed since the 90’s to now and how these changes are only picking up pace at a rapid rate as we move into the future. Their research identified 6 megatrends that make it very clear, the Future of Work is going to look and feel very different to how we currently work.  The 6 megatrends are; The second half of the chessboard Porous boundaries The era of the entrepreneur Divergent demographics The rising bar Tangible intangibles Out of these 6 megatrends, there were 3 that I felt really stood out for our industry, both in how we create and deliver training and education.  These 3 are; Pourous Boundaries Jobs of the future are likely to be more flexible, agile, networked and connected.  As will training in the future.  Future students will expect to be able to complete their training from wherever and whenever they want to.  It will no longer be a ‘nice to have’ but rather a ‘must have’ Tangible intangibles As we moving into a future of knowledge, employment growth in service industry sectors such as education and health care are likely to continue.  Also set to become increasingly important are service sector jobs requiring social interaction skills and emotional intelligence.  Definitely a big hint as to what kind of...
OTrain invited to Advance Queensland Summit

OTrain invited to Advance Queensland Summit

Last month we were invited to attend and exhibit at the Queensland Governments Innovation and Investment Summit, as part of their Advance Queensland initiative. Held in Brisbane over two days, the purpose of the summit was to bring innovative Start ups, Investors, Government and other Stakeholders together to exchange ideas, collaborate and maybe even conduct a business deal. The event delivered an incredible couple of days, with so much to see and experience, it was difficult for one to know where to look next. With so many exciting innovations on show there were a couple of standouts for me personally. First there was DRU, Domino’s Robotic Unit, a driverless solution to pizza delivery.  Domino’s have definitely thought outside the box here.  Designing a robot that keeps your order piping hot and drinks icy cold while navigating the footpaths from the store to your door.  DRU is a world first in the space of commercial autonomous and definitely a big insight into the future of such technology. [youtube]https://www.youtube.com/watch?v=rb0nxQyv7RU[/youtube] The other innovative idea to catch my attention was a fitbit like device for machinery.  A device that monitors indicators such as noise, heat and vibration designed to prevent breakdowns and attaches with a simple magnet. There was even an App to make Divorce quicker! The hive of activity in this space at the moment is nothing short of amazing.  I am excited to see what will make it to market over the coming months and years. One thing to keep an eye on is Bruce Dell and his company Euclidion.  Euclidion makes 3D graphics and hologram materials and are about to...

OTrain gets new Digs

OTrain has new Digs. With continued growth and plenty of big plans ahead, OTrain is pleased to announce we have become one of the foundation residents at the new Canvas Coworking Space in Toowoomba. Canvas is a not for profit organisation that is passionate about building and supporting a startup ecosystem in Toowoomba. The Coworking space is a “googleesk” style space created to foster and support start ups and entrepreneurs. With team rooms, hot desks, meeting and board rooms and even chill out zones (complete with Xbox and table tennis) it is the ideal location to base yourself for growth. Which means its the perfect location for OTrain as we look to grow in 2016. In addition to working from the great new premises, we are looking forward to working with other residents. With some of the hottest startups in Toowoomba also based at the Coworking space (and many more set to join) we now have an enviable position with direct access to great talent and new ideas. This will allow us to connect, collaborate and experiment on a number of new (and yet to be thought of) initiatives whilst continuing to deliver on our vision for our clients. And of course, continuing to deliver our trade mark “Legendary Customer Service”. So update your records. The new Address is Suite 1, 625 Ruthven Street Toowoomba. (Our postal address and all other details remain the same). And thats just a start for the year. The next project is to hire some superstar team members to fill the space. If you know someone who would be the perfect addition to the OTrain team, please...

How Uber’s Autonomous Cars Will Destroy 10 Million Jobs and Reshape the Economy by 2025

How Uber’s Autonomous Cars Will Destroy 10 Million Jobs and Reshape the Economy by 2025 Zack Kanter This post was originally published (word for word) at the following link. http://zackkanter.com/2015/01/23/how-ubers-autonomous-cars-will-destroy-10-million-jobs-by-2025/ We have recreated it here in case it moves or is deleted: I have spent quite a bit of time lately thinking about autonomous cars, and I wanted to summarize my current thoughts and predictions. Most people – experts included – seem to think that the transition to driverless vehicles will come slowly over the coming few decades, and that large hurdles exist for widespread adoption. I believe that this is significant underestimation. Autonomous cars will be commonplace by 2025 and have a near monopoly by 2030, and the sweeping change they bring will eclipse every other innovation our society has experienced. They will cause unprecedented job loss and a fundamental restructuring of our economy, solve large portions of our environmental problems, prevent tens of thousands of deaths per year, save millions of hours with increased productivity, and create entire new industries that we cannot even imagine from our current vantage point. The transition is already beginning to happen. Elon Musk, Tesla Motor’s CEO, says that their 2015 models will be able to self-drive 90 percent of the time.1 And the major automakers aren’t far behind – according to Bloomberg News, GM’s 2017 models will feature “technology that takes control of steering, acceleration and braking at highway speeds of 70 miles per hour or in stop-and-go congested traffic.”2 Both Google3 and Tesla4 predict that fully-autonomous cars – what Musk describes as “true autonomous driving where you could literally get in the car, go...
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