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Spending on education and training: an update Gerald Burke CEET

Spending on education and training: an update Gerald Burke CEET CEET 10 th National Conference 3November 2006 www.education.monash.edu.au/centres/ceet Gerald.burke@education.monash.edu.au. Expanding the training system. The current cost of provision The size of the expansion required

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Spending on education and training: an update Gerald Burke CEET

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  1. Spending on education and training: an update Gerald Burke CEET CEET 10th National Conference 3November 2006 www.education.monash.edu.au/centres/ceet Gerald.burke@education.monash.edu.au

  2. Expanding the training system • The current cost of provision • The size of the expansion required • Where will the funds come from?

  3. VET: hours of training and revenue

  4. Schools: students and revenue

  5. Publicly funded Australian university students and revenue

  6. Students hours and revenues: summary

  7. Key findings on real revenues 1999 to 2004 • VET revenues hardly changed whereas hours of training increased 15 per cent • Government school funds increased 10 per cent and student numbers scarcely at all • Non-government schools funds increased (due mainly to Australian government funding and fees) by over 30 per cent and students by 10 per cent • Public funds for Australian students in universities fell a little and the student numbers a little more

  8. Australian government appropriations for employer incentives for apprentices/trainees, NACs etc(There are also state incentives - not shown)

  9. Employer expenditure and private training • Employer training expenditure is hard to estimate – last measured by ABS 2001-02 • Large numbers of enrolments in privately funded VET but size of the effort and funding not known

  10. Expansion requiredto 2016 – student contact hours (million)

  11. Expanding VET revenues at 5 per cent per annum from 2006

  12. Issues and future • The base funding is projected to grow at 5 per cent per annum • Eg the base will be $1500 million per year higher in 2011 • ‘Skills for the Future’ provides $837m over 5 years from 2006 • ‘Skills for the Future’ includes employer incentives • State programs eg ‘Skilled Victorians’ extra $241m over 4 years • Migration • Other funding: employers, fees, loans • Reducing cost per hour, as in recent years • Improving completion rates and shortening courses

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