Registered training organisations (RTOs) with Victorian VET Funding Contracts should brace themselves for the pending changes to the Victorian VET funding model.
Training providers that hold a current Victorian VET Funding Contract, (also referred to Victorian Training Guarantee or VTG) are expected to have new conditions imposed on them tomorrow (21/09/2015). The much tighter restrictions and contractual obligations are expected to be in-line with the recent Victorian VET Funding Review that was led by Bruce Mackenzie. Nineteen recommendations were made, all of which are expected to be fully implemented by the government. Other changes also include:
- Strengthening the department’s ability to conduct face-to-face reviews and investigate students’ complaints.
- Launching an education campaign to help students make more informed choices about courses.
- Lifting the quality of trainers and assessors by creating a list of approved providers.