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What are the changes to how ASQA reviews financial viability?

Answer

To ensure applicants are fully financially prepared to operate a sustainable training business and help them understand the financial requirements for registration, applicants will be required to complete a new financial viability risk assessment.

Applicants must give ASQA a detailed business plan and a range of financial information and underlying assumptions including information on projections, funding sources, assets and loan arrangements, staff and student numbers.

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