Government Funding to Support Australia Education Industry: Ken Research


Australia offers high quality of higher education which is open for students from different parts of the world including India, China and others. With improved methods of teaching and improvements in methods of teaching as per the developing technology has made Australia one of the popular destination for international students.

Government has a key role in improving education system in the country such as in the year 2009, the Australian Governement launced a new framework for funding in schools. Under this amendment, funding structure was revised between government and non-government schools. Under national school specific purpose payment (SPP) scheme government gave node to fund both government and non-government schools. This step has boosted non-government school’s enrollment rate and further funding is subjected to annual revision based on the growth in enrollments.

The K-12 education in Australia is basically sub divided into four categories viz. Preschool (Pre-year 1), Primary school (year 1 to 6), Junior Secondary school (year 7 through 10) and Senior secondary school (year 11 and 12).

The K-12 education sector represents Preschool (Pre-year 1), Primary school (year 1 to 6), Junior Secondary school (year 7 through 10) and senior secondary school (year 11 and 12). In 2015, out of total enrollment in Primary schools, more than 1.1 million males were enrolled. However a steady growth has been witnessed in primary education with a CAGR of 5.8% whereas the enrollments of students witnessed a slow growth at a CAGR of 1.2% during the period 2010-2015. The overall K-12 education market in Australia inclined at a CAGR of 6.5% and enrollments witnessed growth at a CAGR of 1.3% during 2010-2015.

Higher education sector is the most profitable sector in Australia with large number of foreign students enroll every year. Higher education institutions are well known worldwide which attract foreign students to opt Australia as preffered place for higher studies. The total number of enrollments in Australia for higher education reported to showcase CAGR growth rate of 3.9% during 2010 and 2015 with comparatively higher growth recorded in the last three years.

The VET sector needs to refocus on planning and development strategies considering underperformance in last few years wherein government has intervened to provide support  to help  Vocational Education and Training sector in its expansion.  E-learning courses are gaining popularity with the development E-Learning segment in all categories of businesses. It is expected that the digital platforms will transform the education sector with the introduction of new techniques.

Topics covered in The Report

  • Australia Education Market Research
  • Australia Education system
  • Australian education exports
  • Higher Education Market Australia
  • Australia Education Industry Trends
  • VET Education Market Australia
  • ICT Spending Australia
  • Australia Education statistics
  • International Students Enrolment Australia
  • Competition Education Australia
  • Primary Education Revenue Drop Out Australia
  • College Profile Australia
  • Education and Training in Australia Market Report
  • Education Market Snapshot Australia
  • Online Education Market Australia
  • Australia International Education Industry
  • Australian education export industry

For more coverage click on the link below:

https://www.kenresearch.com/education-and-recruitment/education/australia-education-market-report/47389-99.html

Contact:

Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

 

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