ASQA's risk-based approach
Since our establishment, ASQA has adopted an increasingly risk-based approach to regulation, which has allowed us to direct our resources towards areas that pose the greatest threat to quality, and to minimise the regulatory burden for the majority of RTOs.
ASQA’s Regulatory Risk Framework sets out a new regulatory approach that more effectively manages the risk of poor-quality training and assessment. This approach uses data and intelligence to identify and target the most significant sector-wide (systemic) risks and providers of greatest concern.
ASQA has implemented a range of regulatory reforms to support this more contemporary approach to regulation, including the development and implementation of this revised audit model.
Revised audit model—development process
ASQA's audit model was developed through:
- a review of contemporary and innovative regulatory models in VET and other industry sectors within Australia and internationally to learn from the practices of other regulators—with a particular focus on collecting and testing evidence of practice and behaviours and on gathering and using student or consumer input
- extensive consultations across ASQA to draw upon insights from practical experience (including the audits of VET FEE-HELP providers)
- feedback from RTOs about current audit practice, and
- a comprehensive review of ASQA’s business and regulatory practices and procedures, including legal proceedings.