Spending on education and training: an update Gerald Burke CEET CEET 10th National Conference 3November 2006 www.education.monash.edu.au/centres/ceet Gerald.email@example.com
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 • 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
Australian government appropriations for employer incentives for apprentices/trainees, NACs etc(There are also state incentives - not shown)
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 • 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