ASQA is an Australian Government agency that is required to operate on a cost-recovery basis.
Currently ASQA is required to recover approximately 50 per cent of the costs of regulating the VET sector (i.e. to undertake partial cost recovery).
Since inception in 2011, ASQA has evolved from an application-based regulator to a risk-based regulator. Restructured operations, improved systems and changed processes have also delivered operational efficiencies.
Reflecting these changes, ASQA is proposing a fee and charges structure that has been designed to:
- allow ASQA to fully realise its move to a risk-based regulation
- ensure ASQA continues to comply with the Australian Government’s Cost Recovery Guidelines
- incentivise compliance by providing fee relief to compliant providers, and
- recognise improvements in ASQA’s systems and processes.