ACN float flounders in a sea of troubles

The Australian    |   16 December 2014 ……………………………………………………………………………………………………… Education and training provider Australian Careers Network has seen its shares sink 20% on its Australian Securities Exchange debut, with investors remaining wary of companies exposed to the vocational education sector. ……………………………………………………………………………………………………… The shares opened at $1.30 on 15 December, 23% below the listing price of $1.70, and closed the day at $1.36. The Melbourne-based company was forced to delay and scale back a planned $100 million float, raising $54.4m in a listing handled by Petra Capital, after investor sentiment soured following troubles at fellow education provider Vocation … [Read more...]

NCVER News #342 17 December 2014

Transitions of young Australians continue to change If you’re looking for a snapshot of recent research and data on young people in Australia, take a look at Youth transitions in Australia: a moving picture. Incorporating a summary from the Longitudinal Surveys of Australian Youth annual report, it includes: How students’ aspirations affect educational outcomes. The importance of schools in transition to post-school study and academic success. Data on post-school qualifications and employment. For more information: Youth transitions in Australia: a moving picture Longitudinal Surveys of Australian Youth (LSAY) annual report 2013  Does scored VET in Schools help or hinder … [Read more...]

Higher education changes a ‘fraud on the electorate’

Michelle McAulay/AAP Image

The Conversation     |     2 December  2014 ……………………………………………………………………………………………………… Stephen Parker, vice-chancellor of the University of Canberra, has been a loud, lone dissenting voice among the vice-chancellors  over the government’s higher education deregulation package, strenuously opposing from the start, describing it as "a potentially calamitous package" for students and the country.  He’s been particularly critical of the qualified support offered by Universities Australia, which he depicts as “an organisation with necrotizing fasciitis – the condition where the body eats its own flesh”.  And he says the peak organisation is doomed, having lost its “moral compass” and that he … [Read more...]

Go safely this Christmas

17 December 2014 ……………………………………………………………………………………………………… In December, 1989 the first Traffic Accident Commission road safety commercial went to air. In that year the Victorian road toll was 776; by last year, it had fallen to 229 but is already at 243 this year. ……………………………………………………………………………………………….......…… A five minute retrospective of the road safety campaigns produced by the TAC over the last 20 years illustrates the trauma of road accidents . The montage features iconic scenes and images from commercials that have helped change they way we drive, all edited to the moving song Everybody Hurts by REM. It's graphic stuff but reminds us all, for everyone's sake, drive/ride/walk … [Read more...]