School leavers: Regulatory reform is expected to slow revenue growth and cause exits

IBISWorld’s Technical and Vocational Education and Training market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Analysis & Industry Trends

The Technical and Vocational Education and Training industry is subject to continuous changes in regulation. In 2012, the Federal Government increased grants to the industry as part of the National Partnership Agreement, under the condition that the states and territory governments improve the outcomes of vocational and educational training (VET). Industry revenue is expected to increase by an annualised 2.7% over the five years through 2016-17, to reach $9.4 billion. However, revenue for the current year is projected to decline by 3.4% as tighter regulations reduce the eligibility of some service providers to receive government funding...

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Industry Report - Starting a New Business Chapter

The industry has moderate barriers to entry and this has remained steady over the past five years, despite some fluctuations. In 2012, government policy made the industry more market-based, where students became better able to choose their preferred VET provider. However, recent Federal Government initiatives have limited the amount of funding available to industry players, and have also placed strict requirements on new entrants. As industry concentration is moderate, with publically owned TAFEs dominating the market, operators need to establish a strong reputation to attract students. Developing a good reputation can take time, and this can deter new entrants. Cap..

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Industry Products

What is the Technical and Vocational Education and Training Industry?

The industry offers technical and vocational education and training that is delivered by registered training organisations (RTOs). RTOs include TAFE institutes, dual-sector institutions and other private and community providers.

Industry Products
Diploma and above
Certificate IV
Certificate III
Certificate II
Certificate I
Industry Activities
Apprenticeship training program operation
Business college and school operation
Information technology training centre operation
Institute of technology operation
Professional and management development training
Secretarial training
Technical and further education college operation
Technical college operation
Vocational computer training

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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