Industry Analysis & Industry Trends
The Technical and Vocational Education and Training industry has undergone significant structural and government funding changes over the past five years. The Federal Government has increased grants to the industry under the National Partnership Agreement on Skills Reform and pushed for state governments to reform their vocational education and training (VET) markets. A government shift in some jurisdictions from funding only state-run TAFEs to offering competitive funding for providers based on student demand has led to an increase in the number of private providers operating in the industry. Overall, industry revenue is forecast to increase at an annualised 2.2% over the five years through 2014-15, to reach $10.3 billion in 2014-15. This includes growth of 1.6% in 2014-15... purchase to read more
Industry Report - Industry Products Chapter
The courses offered by the industry can be segmented according to the level of qualification offered. This includes diplomas and certificates I to IV, as well as non-award courses and bridging courses.
Certificate I represents the lowest complexity of tertiary education qualifications available under the Australian Qualifications Framework (AQF), and accounts for an estimated 5.9% of industry revenue in 2014-15. Certificate I aims to equip individuals with basic functional knowledge and skills for initial work, further learning and community involvement. Graduates at this level can undertake routine tasks and identify simple problems. Certificate I courses are also offered to secondary school students, but this revenue is not included in the industry... purchase to read more