b'ForewordAs we look backThe Government also announced a targeted on another year ofconsultation on two options for work-based achievement, MITOlearning. remains focusedThe number of ISBs is still to be determined on empoweringand consultation on the number and industry individuals andcoverage will take place in the first half of 2025.businesses across the automotive,The changes to the VET system are intended to commercialcome into effect from 2026.road transport, extractives, drilling,Our industries and our employers faced a very gas, and logisticschallenging environmentunfavourable economic industries. Throughconditions, changes to regulatory frameworks, innovation and aincreasing costs of trading, and a cost-of-living strong commitmentcrisis. to practical skills development, we continue toImpressively, many employers continue to meet the changing needs of these vital sectors.underpin their communities and offer an Our mission to inspire futures drives us toapprenticeship or industry training opportunity. provide high-quality support, ensuring a skilledThese employers know this is a good time to workforce prepared to face the challenges ofinvest in training.today and tomorrow. Through a period of constant change, we haveWe would like to extend our sincere gratitude to continued to operate as a standalone division,all those who contribute to the success of MITO. providing high quality apprenticeship andTo our stakeholders and industry associations, industry training services in workplaces acrossthank you for your unwavering commitment to New Zealand. championing industry training and ensuring the continued development of our sectors. In December, the Government announcedWe deeply appreciate the resilience of our changes to the Vocational Education andemployers, who, despite challenging economic Training (VET) system and said that decisions times, have remained dedicated to upskilling on the future structure of work-based learningtheir workforce. To our learners, we applaud your would be made in 2025. hard work and determination to achieve your qualifications, with a clear vision on your careers The Government has agreed to introduce aahead. Finally, to our staff, your focus and legislative framework that will: dedication in serving our industries have been Disestablish Te Pukenga and the Workforceintegral to our success. Together, we continue Development Councils (WDCs) to build a stronger, more skilled future for our Enable a more agile network of Institutes ofindustries.Technology and Polytechnics (ITPs) focusedVerna Niao on core delivery either as standalone entitiesExecutive Directoror as members of a federationEstablish Industry Skills Boards (ISBs) to take on some functions that WDCs perform.4'