Renewal of registration
Report on renewal of registration of Australian Chiropractic College Limited
On 26 November 2025, TEQSA:
- renewed, under section 36 of the Tertiary Education Quality and Standards Agency Act 2011 (TEQSA Act), the registration of Australian Chiropractic College Limited (ACC) as an Institute of Higher Education, for a period of 5 years until 25 November 2030.
- renewed, under section 56 of the TEQSA Act, the accreditation of the Bachelor of Chiropractic offered by Australian Chiropractic College Limited, for a period of 5 years to align with the renewal of registration date.
- revoked, under section 32 of the TEQSA Act, Condition 1 imposed on the registration of Australian Chiropractic College Limited in 2019:
Condition 1: Financial viability and sustainability
By 31 January 2020 and each year thereafter, the College must provide TEQSA with evidence that it maintains financial oversight of its operations. This evidence must include:
- comparison of actual financial position to the budgeted financial position for the previous year. This material must include income statements, balance sheets, cash flow statements, and student and staff numbers; and
- a financial forecast (including financial projection in the form of an income statement, balance sheet, cash flow statement and projection of student and staff numbers).
- imposed, under section 32 of the TEQSA Act, one condition on the registration of Australian Chiropractic College Limited.
Condition 1: Financial viability and risk management
- This condition takes effect on the date notice of this condition is received.
- Australian Chiropractic College (ACC) must at all times throughout the period of registration maintain within ACC controlled bank accounts minimum unrestricted cash reserves of two months equivalent operating expenses. The calculation of two months equivalent operating expenses is based on either a rolling cashflow forecast or average monthly expenditure as calculated from annual profit and loss projections.
- If the minimum unrestricted cash reserves referred to within paragraph 2 are not maintained, ACC must notify TEQSA in writing within 5 business days, together with its proposed action to bring the unrestricted cash reserves back into compliance with paragraph 2. Plans of action must:
- include a copy of the rolling cashflow forecast relied upon for the remainder of the current financial reporting period
- sufficiently address the liquidity issues caused by unrestricted cash reserves falling below two months equivalent operating expenses
- detail consideration afforded to updating corporate planning documents, including but not limited to business plans
- incorporate a planned action to notify TEQSA in writing, within 5 business days, when minimum unrestricted cash reserves are returned to two months equivalent operating expenses
- If the minimum unrestricted cash reserves referred to within paragraph 2 remain in shortfall, ACC must report in writing to TEQSA within 3 months of the initial report to TEQSA referred to in paragraph 3 (unless otherwise agreed to in writing by a Director of TEQSA's regulatory operations team). The board approved report provided to TEQSA must:
- include the annual financial budget and annual profit and loss projections for the current and upcoming financial reporting period
- include the rolling cash flow forecast or cash flows for the next 12 months from the date of the initial report to TEQSA referred to in paragraph 3
- include a revised financial plan with student projections
- provide the actual figures for both the number of students enrolled and EFTSL, compared to the projected number of students enrolled and EFTSL.
- include plans of action that aim to sufficiently address the issues raised by the event/s within a reasonable timeframe, and
- include additional supporting documents and evidence to substantiate the above financial documents, including but not limited to, working files and assumptions relied upon to develop corporate planning documents such as annual budget and cashflow forecast.
Main reasons for the decision
TEQSA made these decisions in light of risks that Australian Chiropractic College Limited may not meet, or continue to meet, the following provisions of the Higher Education Standards Framework (Threshold Standards) 2021:
- Standards 6.2.1b, 6.2.1c, 6.2.1e, 6.2.1i, 6.3.2g, and 6.3.2h of the Threshold Standards in relation to financial viability and sustainability and management of financial risks including with regard to academic governance activities
Application to withdraw conditions
In accordance with section 32 of the TEQSA Act, TEQSA may vary or revoke a condition imposed on the registration of a higher education provider, either on its own initiative, or upon application by the provider for variation or revocation.
Decision
