VET Funding Response

​​The Government has outlined its vision for training in the Education State, with the publication of the VET Funding Review and the Government’s Response, Skills and Jobs in the Education State.

The independent VET Funding Review was established in February 2015 to help  Government develop reforms to improve the quality, stability and sustainability of the Victorian training system.

It was led by Reviewer Bruce Mackenzie, with Deputy Reviewer Neil Coulson, and undertook extensive public consultation with stakeholders from across the Vocational Education and Training (VET) sector.

The Government then carefully considered the Review and released both the Report and the Response on 16 December 2015.

In summary, the Response outlines the Government's vision for the future of VET in Victoria.

The vision includes six building blocks to reform. These are:

  • A clear vision for what Government expects from the VET system.
  • A new, stable and sustainable funding model.
  • A commitment to restoring strong and sustainable TAFEs and Learn Local community providers.
  • A commitment to putting industry, employers and students first, in order to boost jobs and productivity.
  • A commitment to a fair and equitable funding system.
  • A commitment to placing quality and continuous improvement at the heart of VET.

The Government Response outlines three overarching objectives for the sector. These are that VET should:

  • Deliver quality training that meets current and future industry needs;
  • Grow employment and further education outcomes; and
  • Promote equity and address disadvantage.

The VET system is complex and it is important that the benefits, costs and system-wide impacts of reform are considered carefully.

Over the coming months, the Government will undertake detailed design work and targeted engagement with key stakeholders to refine the model.

The exact details of the new model will be communicated to the sector in advance of implementation, which will commence progressively from 2017.

Any questions regarding the Review or the Government’s Response can be sent via the link below.

VET Funding Review and Response

Fact Sheets

Issues Paper