Page 1626 - Week 04 - Thursday, 29 March 2012
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Dr Bourke: The answer to the member’s question is as follows:
1) The ACT Building and Construction Industry Training Fund Authority (TFA) has collected the following revenue over the last five financial years:
|
2006-2007 |
$2,818,515 |
|
2007-2008 |
$3,472,236 |
|
2008-2009 |
$2,985,083 |
|
2009-2010 |
$4,395,519 |
|
2010-2011 |
$5,313,701. |
2) The revenue is expended according to demand following consultation with industry stakeholders by the Construction Industry Training Council (CITC), Electro Industry Training Board (EITB) and the TFA Board. The majority of the TFA’s expenditure is in the five key areas identified by industry consultation. In 2010-11 was invested as follows:
|
Key training and related programs: | |
|
49% |
Existing Worker |
|
28.7% |
Entry Level |
|
3.4% |
Research and Development |
|
1.5% |
Access and Equity |
|
2.4% |
Promotion and Marketing. |
The Key areas for annual activity are identified in the TFA’s Annual Training Plan, which is approved by the TFA Board, the ACT Minister for Education and Training and the Legislative Assembly.
3) TFA operational finances are acquitted weekly by the Chief Executive Officer, monthly by the TFA Board, bi-annually by RSM Bird Cameron and annually by the ACT Auditor-General. In addition a full schedule of funding applications is tabled at each TFA Board meeting for approval and/or ratification.
4) Registered training organisations (RTOs) must justify attendance and success of each program. Each RTO must provide the TFA with the details of the applicants who have successfully completed the training program and/or a copy of the certificate issued to the applicant by the RTO before the TFA will make any financial payment.
5) The TFA makes payment on evidence that an applicant has completed the relevant training program.
6) At the commencement of each calendar year, RTOs or employers apply to the TFA for funding to provide training for a booked number of applicants in that year. Data is kept on actual attendances and completions. Payments are made based on this data.
7) The TFA contracts the CITC to research and consult with stakeholders from the ACT building and construction industry, the EITB to research and consult with stakeholders from the ACT electrical industry, and in addition, the TFA consults with additional industry stakeholders for example the Master Builders Association, Housing Industry Association and Property Council of Australia. This information is then collated and prioritised by the TFA Board into the TFA’s annual Training Plan which provides the direction and priorities for the training needed in the following year.
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