
Technical and Vocational Education and Training in Australia - Industry Market Research Report
Description
Technical and Vocational Education and Training in Australia
Regulations in the Technical and Vocational Education and Training industry are frequently changing. In January 2017, the Federal Government introduced the VET Student Loans scheme. This scheme has raised provider standards, but has also reduced the number of eligible courses, which has constrained revenue growth. Industry revenue is expected to rise at an annualised 3.4% over the five years through 2022-23, to $12.2 billion. This trend includes an anticipated rise of 4.5% in the 2022-23 financial year – the first full year since Australia's borders reopened in February 2022.
The industry consists of registered training organisations (RTOs) that offer technical and vocational education and training. RTOs include TAFE institutes, dual-sector institutions and other private and community providers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Regulations in the Technical and Vocational Education and Training industry are frequently changing. In January 2017, the Federal Government introduced the VET Student Loans scheme. This scheme has raised provider standards, but has also reduced the number of eligible courses, which has constrained revenue growth. Industry revenue is expected to rise at an annualised 3.4% over the five years through 2022-23, to $12.2 billion. This trend includes an anticipated rise of 4.5% in the 2022-23 financial year – the first full year since Australia's borders reopened in February 2022.
The industry consists of registered training organisations (RTOs) that offer technical and vocational education and training. RTOs include TAFE institutes, dual-sector institutions and other private and community providers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Table of Contents
42 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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