Financial information 2016

By NCVER Statistical report 30 November 2017 1329-1416

Description

This publication provides information on revenue, expenditure, assets and liabilities of government-funded vocational education and training (VET) in Australia.

The publication is based on 2016 data provided by the Australian, state and territory government departments responsible for administering government funds for Australia’s VET system.

Highlights

This publication provides financial information on the government-funded vocational education and training (VET) system in Australia. Reporting includes VET funds transacted through government accounts of the Australian and state and territory government departments and their controlled training organisation entities such as TAFE institutes and colleges.

In 2016, compared with 2015:

  • operating revenues for the government–funded VET system were $8144.4 million, a decrease in nominal terms of $1642.0 million (16.8%)
  • revenue from the Australian Government decreased by $1246.7 million (27.3%)
  • revenue from state and territory governments decreased by $424.7 million (12.8%)
  • revenue from fee-for-service activities increased by $33.0 million (2.9%)
  • total operating expenditures were $7071.9 million, a decrease of $52.3 million (0.7%).

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Publication

Finance information 2016
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Finance information 2016
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Supporting documents

VET finance 2016 information sheet
.pdf
96.1 KB
Terms and definitions
.pdf
90.4 KB
Terms and definitions
.doc
1.5 MB

Data

Financial statement data 30 November 2017

Financial statement data

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