3 takeaways from the 2019 ASQA briefing
Each year ASQA holds trainer provider briefings involving commissioners and
audit staff to allow discussion between ASQA and VET stakeholders. This year
marked the first briefing since the changes to the process of applying for initial
registration. Here’s what you need to know.
How to become an RTO in 2019
The game has changed for those wondering how to become a registered training
organisation in 2019. The Australian Skills Quality Authority (ASQA) has recently
increased scrutiny of new applications for initial registration to ensure only
high-quality training providers are approved. This 12-step guide will help you
understand the process of new RTO registration and give you a realistic
timeframe for each step. While setting up an RTO is not easy, it is well worth the
reward of entering the booming Australian VET industry.
What is Avetmiss, and how does it work? A technical dive
If you are looking to set up an RTO or are already running one, you've probably heard of AVETMISS.
AVETMISS is an acronym that stands for Australian Vocational Education and Training Management Information
First launched in 1994 for publicly funded TAFE and other government providers, it is now used by the entire
Vocational Education and Training (VET) industry to collect and report information about training activity
It is a comprehensive and evolving system, and the last major upgrade to version 8 saw the introduction of
mandatory USI (Unique Student Identifier) reporting (few exemptions apply).
Depending on state regulations and funding, RTOs may be required to generate and submit AVETMISS reports
monthly, quarterly or yearly.
Buying an RTO
Setting up a RTO can take a mountain of hard work, time and money. Many
clients mistakenly believe it would be easier to buy an existing RTO with
qualifications on scope to bypass the strict requirements set by ASQA.
The problem with this approach is that an RTO’s registration cannot be
transferred to another person or corporation.
What is an RTO deed of guarantee?
During the process of initial registration you will be required to complete a
financial viability risk assessment (FVRA). You will be asked if there is any
further access to funding that the business may have, including bank loans,
Director loans, capital injection and/or personal guarantees. It is typical to state
that the directors have additional funds available if necessary. This allows the
directors to demonstrate their commitment to the success of the RTO while
alleviating some risk in ASQA's eyes. After making this commitment, the next
step is to prepare a deed of guarantee that will be submitted with the FVRA.