Articles

3 takeaways from the 2019 ASQA briefing

Jacob Shaw on July 5, 2019

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

Jacob Shaw on June 23, 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

Ryan Senn on June 18, 2019

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 Statistical Standard. 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 and students. 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

Jacob Shaw on June 14, 2019

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?

Jacob Shaw on June 03, 2019

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.