Professions Australia – Universities Australia Higher Education and the Professions in 2011 and Beyond Workshop on 8 April 2011
Higher Education reforms Performance funding Demand driven funding system TEQSA Indexation Equity funding Compacts
Demand driven funding system supports: university autonomy student choice access, equity, and productivity requires measures to ensure: quality sustainability the right mix of graduates value for money for the Government
Enrolment trends: Estimated 9.9% over enrolment across the sector in 2010 Early data for 2011 indicates total growth in CSPs of over 10% since The increase in enrolments will substantially contribute to the Government’s 40% attainment ambition. Demand driven funding system
How will the new funding system work from DEEWR’s perspective? Amendments to Higher Education Support Act 2003 Compacts University mission statement Commonwealth Grant Scheme (CGS) funding agreement Performance funding agreement Commonwealth funding on the basis of student enrolments
Skills needs Monitoring the sector for skills needs Example: Commonwealth supported medical places Current arrangements: strictly controlled Likely controls from 2012 Health Workforce Australia
Higher Education Base Funding Review Review team commenced on 26 October 2010 Consultation paper and meetings with the sector Final report due October 2011