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Corporate plan and performance reporting

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Annual Report

TEQSA's Annual Report, prepared in accordance with section 46 of the Public Governance, Performance and Accountability Act 2013, reports on our performance over the preceding financial year. The report describes our achievements against the objectives and actions set out in the TEQSA Corporate Plan 2019–23 and our 2019–20 Portfolio Budget Statements.

Previous Annual Reports

Corporate Plan

TEQSA’s corporate plan sets out our activities and priorities for the next four reporting periods (from 2019-20 to 2022-23) and has been approved by the Minister for Education.

(View the TEQSA Corporate Plan 2018-22)

Regulator Performance Framework Report

Under the Regulator Performance Framework (RPF), TEQSA is required to self-assess our performance and obtain validation from an external body. This report has been reviewed and validated by the Higher Education Standards Panel and certified by TEQSA’s Accountable Authority. The report has also been provided to the Minister for Education.

The RPF Report 2018-2019 is based on operational qualitative and quantitative data, and includes the results of a sector-wide survey completed in July 2019.

Previous reports

Stakeholder Survey for Higher Education Providers

In August 2019, TEQSA conducted an annual sector-wide stakeholder survey. The purpose of the survey was to increase TEQSA’s accountability, better understand its impact on higher education providers, and improve its performance.

Previous reports

Executive Remuneration Reporting

The following tables outline the remuneration of substantive TEQSA executives employed during the 2016-17 and 2017-18 financial years.

Table A (2017-18)

Remuneration paid to executives during the reporting period 2017-18

Total Remuneration Executives No. Average Reportable Salary Average Contributed Superannuation Average Allowances Average Bonus Paid Average Total Remuneration
    $ $ $ $ $
$200,000 and less 8 133,403  19,820 - - 153,223
$250,001 to $275,000 1 238,718 22,678 - - 261,396
$400,001 to $425,000 1 424,741 - - - 424,741
Total number of executives 10          

Published on 31 July 2018

Table B (2017-18)

Remuneration paid to other highly paid staff in reporting period 2017-18

TEQSA did not have other highly paid staff with reportable remuneration of $200,001 or more in the reporting period 2017-18.

Table A (2016-17)

Remuneration paid to executives during the reporting period 2016-17

Total Remuneration Executives No. Average Reportable Salary Average Contributed Superannuation Average Allowances Average Bonus Paid Average Total Remuneration
    $ $ $ $ $
$200,000 and less 6 144,609 21,389 - - 165,998
$200,001 to $225,000 1 173,108 32,649 - - 205,757
$225,001 to $250,000 1 208,839 19,840 - - 228,679
$375,001 to $400,000 1 380,299 9,962 - - 390,261
Total number of executives 9          

Table B (2016-17)

Remuneration paid to other highly paid staff in reporting period 2016-17

TEQSA did not have other highly paid staff with reportable remuneration of $200,001 or more in the reporting period 2016-17.

Key requirements/definitions

The 'reportable salary' column is prepared on a cash basis using reportable salary as defined as the sum of:

  1. gross payments (including bonuses)
  2. reportable fringe benefits (net amount)
  3. reportable employer superannuation

as reported in an individual's payment summary.

The 'contributed superannuation' column is prepared on a cash basis using contributed superannuation as defined as follows:

  • for individuals that are in a defined contribution scheme (e.g. PSSap), "contributed superannuation" should include the defined contribution amounts. This amount is typically located on the individual's payslips
  • for individuals that are in a defined benefit scheme (e.g. PSS and CSS), "contributed superannuation" should include the Notional Employer Contribution Rate (NECR) amount, Employer Productivity Superannuation Contribution (also known as the Productivity Component) and any Additional Lump Sum Contribution paid during the financial reporting period.

This information is reported under Executive Remuneration Reporting Guidelines set out by the Department of Prime Minister and Cabinet.