TRAINING – AUSTRALIA

Education may stop backslide

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Original article by Jacob Greber
The Australian Financial Review – Page: 3 : 11-Feb-15

Australia currently boasts the world’s 19-largest economy, but a PwC report says the nation risks falling to 29th place by 2050. PwC Australia economist Jeremy Thorpe stresses the need for greater emphasis on education and training in order to maintain Australia’s status as one of the world’s 20 largest economies. He says the science, technology, engineering and mathematics disciplines should be a particular focus

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PRICEWATERHOUSECOOPERS, GROUP OF TWENTY (G-20), GROUP OF THIRTY (G-30), GROUP OF SEVEN (G-7), NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, RESERVE BANK OF AUSTRALIA

Careers Network falls 20pc on sector trauma

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Original article by Kylar Loussikian
The Australian – Page: 19 : 16-Dec-14

Australian Careers Network’s stock finished its first day of trading at $A1.36 on 15 December 2014, after listing at $A1.70. The vocational education and training group’s IPO was worth $A54.4m, after it initially aimed to raise $A100m. CEO Ivan Brown says part of the proceeds will be used to finance acquisitions. Several other recent IPOs in the education and training sector have also underperformed

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AUSTRALIAN CAREERS NETWORK LIMITED – ASX ACO, PETRA CAPITAL PTY LTD, VOCATION LIMITED – ASX VET, SIMONDS GROUP LIMITED – ASX SIO, BUILDERS ACADEMY AUSTRALIA, AUSTRALIAN MANAGEMENT ACADEMY, COVE TRAINING