Funding of Vocational Education and Training (VET)

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1. ….it should be based on education/learning process, not education product

2. ….it should be based on completions not enrolments. Staged funding, not all money up front

3. ….it should take into account the Legislative requirements of different providers e.g., public and private)

4. ….it should be based on accurate data used to model specific budget needs (e.g., related to legislative requirements) – with ongoing data checks – beyond “student numbers, industry and qualifications” criteria. ( As has not been the case)

5.….it should ‘not be based on an open market  ‘which doesn’t discriminate’. That is true in a private market, but Government’s are using public money to subsidise Private Registered Training Organisations (RTO) – the risk is too big

6. ….it should take into account that Public RTOs/Institutes of TAFE are not ‘rich’ because of assets, they have public property and assets which can’t cushion a revenue downturn

7.….it should take into account stablisation of the workforce expertise – casualisation does not achieve that

8. ….it should take into account the RTOs that have infrastructure and capability for Disability training, Closing the Gap training, Skills Training in Apprenticeships where expensive infrastructure is needed, etc. – the areas many Private Providers avoid because it’s not commercially viable

9. ….it should be easily auditable

10. ….it should be honest and ethical

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