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The Australian | 29 September 2012 Just five standalone TAFEs in Victoria expect to be in surplus next year, down from ten last year, even though NCVER statistics reveal that Victoria now spends more than any other state on vocational training. It spent almost $1.2 billion, nearly $150m more than its larger neighbour NSW and over $300m more than it had outlayed the previous year. The leaked summary of Victorian TAFE business plans shows that six TAFEs are expecting deficits ranging from about $600,000 to $8.9 million. The operating results of Victorian TAFEs will be worse if the state government doesn’t meet TAFEs' requests for cash advances and other types of new … [Read more...]