At the request of the Council of Australian Governments (COAG) Industry Skills Council (ISC), and the Skills Senior Officials Network (SSON), a National Training Product Reform Group, comprising representatives from all of the jurisdictions, considered the longer-term reform of training products. This exercise, conducted during 2016, aimed to ensure that training products remain relevant and support skills development, in the face of technology, jobs, and industry change. The role of the National Centre for Vocational Education Research (NCVER) was to convene a group of thought leaders to consider the challenges and opportunities for the reform of training products. NCVER commissioned three essays to inform discussion at a symposium, held on 9 August 2016. The essays are contained in the appendix and appear as follows: (1) Workforce Needs (Sara Caplan); (2) Student Needs (Kwong Lee Dow); and (3) The Public Benefit (David Beckett). The 60 or so symposium participants considered training product reform from the perspective of industry, educators, students, and regulators. Their views are captured in this summary, which was prepared to assist the reform group. The areas of agreement are presented in the key messages that follow. The points of difference about how to balance the various interests represented in the system were also raised. This task will require deft negotiation to avoid the introduction of further complexity into training products, given that all participants agreed that training product simplification must be an essential goal of reform. Key messages resulting from this symposium are detailed. In addition to the three discussion papers that are presented, a delegate list and the questions guiding group discussion can be found in the appendix.