VOCATIONAL EDUCATION AND TRAINING FINANCIAL STATISTICS COLLECTION
National Centre for Vocational Education Research
Telephone (08) 8230 8400
This collection gathers information on the finance and expenditure of Australia's public vocational education and training (VET) system. Data pertaining to revenues, expenses, assets and liabilities are provided for Australia, the eight states and territories, and for the VET operations of the Australian Government Department of Education, Employment and Workplace Relations (DEEWR). Financial data are prepared on an accrual basis, and reported at historical values. Agreed accounting standards are used.
The collection focuses on vocational education and training institutions administered or provided by the main training department within each state and territory, the other public training providers in those jurisdictions, and DEEWR. It includes the VET Divisions or programs of seven public universities (four in Victoria), and the VET activity of the Batchelor Institute. Public funding for training delivery, paid to private providers by training authorities or departments, is also in-scope. Information sought includes revenues and expenses; assets, liabilities, and equities; and cash flows.
Frequency of Collection
Method of Collection
Data are collected from the chief financial officers of the in-scope entities. NCVER electronically provides pro forma financial statements, definitions, and guidelines for the collection. Data are returned electronically to NCVER for quality reviews and consolidation. Key data elements are audited by independent external auditors.
The publication is usually released in the year after the reference year.
Australian Vocational Education and Training Statistics: Financial Information. NCVER, Adelaide.
State and territory tables are available from the NCVER website as an Excel file. Additional information is available on request.
Information is available for Australia, the eight states and territories, and for the VET operations of DEEWR.
The accounting standards are detailed in AVETMISS: The Standard for VET Financial Data -- Release 1.7. NCVER, Adelaide.
The AVETMISS standards publications are available as free downloads from the NCVER website, under 'Statistical Standards'.
Category of revenues
Category of expenses
This information has been collected since 1994. Information prior to this date was reported in the Selected Vocational Education and Training Statistics publication series. The method of calculating government recurrent expenditure was changed after release of the 2007 data, to a more direct measure under accrual-based financial reporting. This is explained in the publication, Changes to the method of calculating government recurrent expenditure, available on the NCVER website.