About
The framework for the National VET Funding Collection was endorsed by VET Ministers in November 2017 with the agreed purpose that:
the National VET Funding Collection will deliver trusted and useful information on the allocation and
effective use of public VET funding that enables national transparency, accountability and policy development.
The reporting framework provides a comprehensive, fit-for-purpose overview of public VET funding in Australia, that allows for a broad alignment with VET training activity data. It is based on the following core principles to ensure the ongoing relevance of VET funding data.
Reporting
Reporting comprises the following three data sets:
- jurisdictional contributions and allocations: provides information on all funding provided by state, territory and Australian government VET portfolios to support publicly-subsided VET. This data set includes recurrent and capital funding, intergovernmental transfers and government funds provided for VET and trade support loans.
- funding activities and distributions provides information on how VET funds are spent within a jurisdiction, regardless of funding source. There are five broad categories of VET funding activity, VET delivery funding, employer assistance, student assistance for equipment, incentives and some wrap around services, capital funding and system administration and governance funding. Some funding activities may be split by student and training categories, refer to diagram below for detail.
Funding for VET student loans values are reported separately as loan values are neither expenses nor funding transfer.
- public VET asset base provides information on the value of public assets used for the delivery of VET.
VET funding data
Click on categories to expand
- Jurisdictions' contributions, allocations and transfers
- Contributions
- VET Loans
- Transfers
- Funding activities and distributions
- Funding activities and distributions (excluding loan values)
Relevant items reported against apprenticeship status, provider type, provider remoteness, level of education, training package, student remoteness, student disability status and student Indigenous status - Funding for VET student loans
Reported against provider type, level of education, training package, student remoteness, student disability status and student Indigenous status
- Public VET asset base
- Assets - property, plant and equipment