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Spending on education and training: an update Gerald Burke CEET CEET 10 th National Conference 3November 2006 www.education.monash.edu.au/centres/ceet Gerald.burke@education.monash.edu.au. Expanding the training system. The current cost of provision The size of the expansion required

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Spending on education and training: an update

Gerald Burke

CEET

CEET 10th National Conference 3November 2006

www.education.monash.edu.au/centres/ceet

Gerald.burke@education.monash.edu.au

expanding the training system
Expanding the training system
  • The current cost of provision
  • The size of the expansion required
  • Where will the funds come from?
key findings on real revenues 1999 to 2004
Key findings on real revenues 1999 to 2004
  • VET revenues hardly changed whereas hours of training increased 15 per cent
  • Government school funds increased 10 per cent and student numbers scarcely at all
  • Non-government schools funds increased (due mainly to Australian government funding and fees) by over 30 per cent and students by 10 per cent
  • Public funds for Australian students in universities fell a little and the student numbers a little more
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Australian government appropriations for employer incentives for apprentices/trainees, NACs etc(There are also state incentives - not shown)

employer expenditure and private training
Employer expenditure and private training
  • Employer training expenditure is hard to estimate – last measured by ABS 2001-02
  • Large numbers of enrolments in privately funded VET but size of the effort and funding not known
issues and future
Issues and future
  • The base funding is projected to grow at 5 per cent per annum
  • Eg the base will be $1500 million per year higher in 2011
  • ‘Skills for the Future’ provides $837m over 5 years from 2006
  • ‘Skills for the Future’ includes employer incentives
  • State programs eg ‘Skilled Victorians’ extra $241m over 4 years
  • Migration
  • Other funding: employers, fees, loans
  • Reducing cost per hour, as in recent years
  • Improving completion rates and shortening courses