Australia's labour market reached a record 14.7 million workers in May 2025, with unemployment remaining low at 4.1%.
The requirement previously applied only to skill levels 4 and 5. By expanding it to skill level 3 roles, the government is bringing the largest group of AEWV holders under the policy.
The programme is designed to remove barriers to education by prepaying tuition fees and reimbursing eligible costs.
The push marks the latest chapter in a long-running debate over working hours in Australia. Instead, AI should be shared with workers through reduced hours rather than resulting in redundancies.
The appointment underscores the bank’s continued focus on leadership excellence, workforce capability and future-ready talent strategies.
