Data on total investment in VET: what should be collected

This report examines the feasibility of collecting information on investment in vocational education and training (VET) that falls outside the current National VET Financial Data Collection. Potential alternative sources include all government spending on vocational education, investment made by industry and the training-related costs individuals contribute. A more complete picture of investment will help inform national VET policy in order to improve the efficiency, effectiveness and equity in the system. This report finds that some sources of investment could possibly be collected in...  [+] Show more

This report examines the feasibility of collecting information on investment in vocational education and training (VET) that falls outside the current National VET Financial Data Collection. Potential alternative sources include all government spending on vocational education, investment made by industry and the training-related costs individuals contribute. A more complete picture of investment will help inform national VET policy in order to improve the efficiency, effectiveness and equity in the system. This report finds that some sources of investment could possibly be collected in the shorter-term; however, others remain a long-term aim.

Published abstract.