Financial information for Australia’s public vocational education and training (VET) system for 2013 has been released by the National Centre for Vocational Education Research (NCVER).
Operating revenues for the public VET system in 2013 were $8.519 billion, an increase of $116.2 million (1.4%) from 2012.
Comparing revenue for 2013 with 2012 shows:
- Australian Government revenues increased by $374.6 million (17.2%)
- State and territory government revenues decreased by $344.4 million (7.9%)
- Fee-for-service revenue increased by $57.7 million (4.6%).
Total operating expenditures decreased by $315.7 million (3.8%) to $8.004 billion in 2013.
Australian vocational education and training statistics: Financial information 2013 also includes trends for operating revenues and expenditures, operating expenditures by activities, assets and liabilities. State and territory breakdowns are also included in the publication.
Copies of Australian vocational education and training statistics: Financial information 2013, are available from www.ncver.edu.au/publications/2760.html
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