SIT 0.00% 0.3¢ site group international limited

Ann: Clark Property and International Training Update, page-16

  1. 4,014 Posts.
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    It was a while ago now, from memory I believe it was in relation to this (and other similar) statement in SIT's asx announcement in Aug 2019

    "Since January 2018, ASQA has cancelled over 400 private Registered Training Organisations with many feeling that they have had inconsistent treatment by the regulatory authority, particularly in comparison to the regulators treatment of non-private RTOs, who seem to be given extra opportunity to rectify any non-compliances."

    I haven't changed my mind, back then I was worried about having to close down our (loss making) Australian operations if our RTO was cancelled. Now my main concern is maybe having to pay back those VET fees and coping a large fine, similar to what happened to Empower.

 
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