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Financial information 2017

By NCVER Statistical report 1 November 2018 1329-1416

Description

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

The publication is based on 2017 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 VET system in Australia. Reporting includes VET financial activity 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 2017, compared with 2016:

  • operating revenues for the government VET system were $7496.9 million, a decrease in nominal terms of $676.2 million (8.3%)
  • revenue from the Australian Government decreased by $743.0 million (22.2%), largely reflecting the closure of the VET FEE-HELP scheme
  • revenue from state and territory governments increased by $247.9 million (8.6%)
  • revenue from fee-for-service activities decreased by $158.3 million (13.7%)
  • total operating expenditures were $7518.5 million, an increase of $447.2 million (6.3%).

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Financial information 2017 .pdf 1.5 MB Download
Financial information 2017 .docx 2.8 MB Download
Information sheet: VET income contingent loans 2009 to 2017 .pdf 250.5 KB Download
Terms and definitions .pdf 640.0 KB Download
Terms and definitions .doc 3.1 MB Download

Data

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