Industry Analysis & Industry Trends
The Technical and Vocational Education and Training industry has undergone significant changes to its structure and government funding 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 from funding only state-run TAFEs to offering funding for providers based on student demand in some jurisdictions has led to an increase in the number of private providers in the industry. Overall, industry revenue is forecast to increase at an annualised 3.0% over the five years through 2015-16, to reach $8.9 billion in 2015-16. This includes growth of 1.8% in 2015-16... 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). 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