CDP Trials June 2024 Quarterly Progress Update
Quarterly progress update of CDP Trials to June 2024.
Phase 2 of the CDP Trial comprises 139 Community Projects being delivered by 42 providers across 57 regions with a combined value of $140m. In combination, these projects are seeking to deliver benefits to up to 10,000 CDP participants, including:
- Around 2000 CDP participants in receipt of paid work
- Around 2500 participants receiving formal ‘Skills Development’ benefits / accredited training
- Around 500 participants receiving income from around 50 new enterprises/self-employment opportunities to be established under the Trial.
Provider reporting on the first 12 months of project implementation (up to 30 June 2024) suggests good progress continues to be made nationally:
- Around 12,500 CDP participants have benefitted in some way from Phase 2 of the Trials so far
- Over 2,300 CDP participants have been in receipt of paid work
- Around 3,400 CDP participants are receiving accredited training
- Initial steps have been taken to establish a reported 50 new enterprises, with over 440 Job Seekers receiving income from new enterprises/self-employment
- Around 1,800 new jobs have been created
This represents strong progress against all of the eight core measures being monitored, as follows:
MEASURE | TARGET: 31 Oct 2024 | PROGRESS TO DATE: 30 Jun 2024 | % PROGRESS TOWARDS TARGET |
---|---|---|---|
CDP participants to benefit in some way from projects | Up to 10,000 | More than 12,500 | 129% |
CDP participants in receipt of paid work | Around 2,000 | More than 2,300 | 107% |
CDP participants receiving formal ‘Skills Development’ benefits/accredited training | Around 2,500 | Around 3,400 | 134% |
CDP participants receiving informal ‘Skills Development’ benefits and training | Around 3,000 | Around 2,800 | 92% |
CDP participants supported to address other barriers | Around 3,100 | Around 4,700 | 149% |
CDP participants attaining essential administrative qualifications, licences, clearances | Approx. 3,600 | Around 5,300 | 148% |
Employers receiving incentive payments/wage subsidies | Around 400 | Around 300 | 73% |
New enterprises established, and CDP participants receiving income from new enterprises/self-employment | Around 50; Around 500 | Around 50; Around 440 | 108%; 82% |
Over 12500 Participants have so far benefited, including 2300+ people in receipt of paid work, an d4900+ people receiving income form 50+ newly established enterprises.