Corporate plan and performance reporting
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 preceeding financial year. The report describes our achievements against the purposes and indicators set out in the TEQSA Corporate Plan 2016–20 and our 2016–17 Portfolio Budget Statements.
TEQSA’s corporate plan sets out our activities and priorities for the next four reporting periods (from 2017-18 to 2020-21) and has been approved by the Minister for Education and Training.
TEQSA's Regulator Performance Framework (RPF) highlights the benefits of our multiple initiatives to enhance quality assurance and regulatory performance. The RPF aligns to the key performance indicators and targets in our Corporate Plan. We strive to maintain, streamline and improve our regulatory performance through engagement with the providers we regulate, communicate effectively with the sector and align with Australian Government policy for regulators.
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 of Education and Training. The RPF Report 2015-2016 is based on operational qualitative and quantitative data, and includes the results of a sector-wide survey completed in July 2016.
We will base our 2016-2017 Regulator Performance Framework report on the framework used for the 2015-2016 report.
Our second national stakeholder survey took place during July 2017 and again, aimed to gauge the sector’s views of our performance and effectiveness. The 2016-17 survey was in a similar format to 2016’s, and was based on key indicators outlined in our RPF.
Feedback from the survey will help us increase our accountability, understand our impact on higher education providers and related organisations, and improve our performance. The principal contacts for all higher education providers (those registered and those who have submitted initial registration applications) were invited to take part in the survey, along with relevant peak and professional bodies.
For any queries relating to the survey, please contact comms [at] teqsa.gov.au
The following table outlines the remuneration of substantive TEQSA executives employed during the 2016-17 financial year.
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|
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.
This information is reported under Executive Remuneration Reporting Guidelines set out by the Department of Prime Minister and Cabinet.