For the Australian online business, it probably wont matter what...

For the Australian online business, it probably wont matter what the ASQA regulatory outcome is from here. Conwal (95% of Online Course Australia 1H revenues according to last weeks announcement), with a best possible outcome (being access to new student loan program from 2017) is going to see govt funding massively reduced as consequence of today's Vet Fee Help Closure. eg Conwal's Diploma in Business currently around $12000, Senator Birmingham tipped today that Business Diplomas max subsidy $5000, (which will still be above Australian going rate back before the govt decided to giveaway money to all and sundry).

Similarly cant see any of Conwal's offerings as being likely to achieve the $15000 loan band. Maybe one or two might reach $10000. Difficult to see how the glitzy corporate models, beyond the heavily subsidised TAFE sector will be sustainable in this future.

Sad but probably true.