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Australia's education and training market is a significant and dynamic sector, contributing substantially to the country's economy. With a market size valued at US$144.6 billion in 2022, the industry encompasses a diverse range of educational institutions, training providers, and technology solutions catering to both domestic and international students.
The Australian government plays a crucial role in procuring education and training products and services to meet the needs of its citizens and workforce. In 2021, the government allocated over A$200 billion to education and training, highlighting the sector's importance to national development and prosperity.
The Australian government procures a wide spectrum of education and training products and services, encompassing:
School-based education: The government provides funding for primary and secondary schools across the country.
Vocational education and training (VET): The government supports VET institutions that offer job-specific training and skills development programs.
Higher education: The government funds universities, research institutions, and other higher education providers.
Adult education and training: The government supports programs that enable adults to upskill and reskill throughout their careers.
The primary authorities responsible for Australia education and training procurement include:
Department of Education and Employment: The lead agency responsible for overseeing education and training policies and programs.
Department of Finance: Responsible for managing government procurement processes and ensuring value for money.
Department of Industry, Science and Energy: Oversees procurement for initiatives related to science, technology, engineering, and mathematics (STEM) education and training.
Major companies and organizations that have secured significant Australia education and training procurement contracts include:
Australian Curriculum, Assessment and Reporting Authority (ACARA): Develops and maintains national curriculum frameworks.
Australian Skills Quality Authority (ASQA): Regulates and monitors VET providers.
Universities Australia: Represents the interests of Australia's universities.
TAFE Directors Australia: Represents the interests of Australia's TAFE institutions.
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