Risk Prevention and Regulatory of Vocational Education and Training Institutions in Australia: An Analysis Based on Risk Regulatory Framework

In order to ensure the quality of vocational education and training, The Skills Quality Authority of Australia regulates the risks in the growing vocational education and training market. Australia's Risk Regulatory Framework and other policies have built a five-dimensional integrated and cohesive risk regulatory model, forming specific operational paths such as problem-oriented and tool-based risk assessment mechanism, risk regulatory procedures with overall planning of vertical progress and horizontal degree, and risk regulatory assessment with consideration of results application and results feedback. It highlights the characteristics of advanced concept guidance, diversified participation and improvement in practice.