FEDERATION FUNDING AGREEMENT – EDUCATION AND SKILLSFederation Funding Agreement • October 23rd, 2024
Contract Type FiledOctober 23rd, 2024Formalities and operation of Schedule Parties Commonwealth New South Wales Victoria Queensland Western Australia South Australia TasmaniaAustralian Capital Territory Northern Territory Duration This Schedule will expire on 31 December 2028 (in line with the National Skills Agreement [NSA]), or on completion of the initiative (whichever is later), including final performance reporting and processing of final payments against milestones. Purpose This Schedule establishes additional funding arrangements between the Commonwealth and states and territories (the States) for TAFE Centres of Excellence to support agreed national skills and training priorities .TAFE Centres of Excellence:a) are aligned to a National Priority (as defined in the NSA), unless otherwise agreedb) will:i. provide national leadership in the delivery of education and trainingii. enrich students’ learning experience, support industry needs and enable applied research programsiii. innovate in the delivery of tertiary edu