From Investor Roadshow Presentation - September 2015
Funding environment
- Victorian funding increasingly stable – no change to course rates 2015 vs. 2014.
- Funding for private providers in New South Wales should improve in 2016.
- Queensland market now a focus.
- Other states – not currently a focus for the company.
- VET FEE-HELP growing rapidly but student penetration still low.
- VET FEE-HELP loans a minority share of total HELP loan payments (~12%, 2013).
Forms a very small proportion of all-of-government spend on education.
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ACO Price at posting:
$3.43 Sentiment: None Disclosure: Held