Victorian TAFE: risk factors continue to deteriorate

06/08/2014 by
Net surplus/deficit by TAFE and changes in funding sources from 2012 to 2013.

Victorian Auditor-General    |    5 August 2014 ……………………………………………………………………………………………………… Overall the financial sustainability risk assessment for the Victorian TAFE sector deteriorated considerably  in 2013, according to the Victorian Auditor-General, as shown by these extracts from the report, Technical and Further Education Institutes: Results of the 2013 Audits. ……………………………………………………………………………………………………… Financial sustainability risk assessment Overall the financial sustainability risk assessment for the TAFE sector deteriorated in 2013. Figure 5A shows that the number of TAFEs with a high financial sustainability risk increased from none in 2012 to six in 2013. Underlying … [Read more...]

Filed Under: TAFE, The Scan Tagged With: , , , , ,

An inconvenient truth

06/08/2014 by
tafe-cover-small

Auditor-General     |    5 August 2014 ……………………………………………………………………………………………………… Auditor-general warns on stability of Vic TAFE Against all the evidence, the Victorian government insists that, despite a few local difficulties, Victoria's TAFE system is in fine fettle.  The Victorian minister recently told a conference  the apparent troubles besetting TAFE are the invention of a “misinformed media”.  But according to the the State's auditor-general, the troubles are very real:  TAFEs are facing a "significant decline" in financial stability due, in part, to State Government funding cuts. ……………………………………………………………………………………………………… A report tabled in the Victorian  Parliament found … [Read more...]

Filed Under: Coalition policies, Government, NMIT, TAFE, The Scan Tagged With: , , , ,