RECOMMENDATIONS
UA recommends TEQSA provide clear and transparent detail of the methodology used as part of the costing review to allow providers to understand the cost changes, both increases and decreases, and the rationale for applying these changes to the various aspects of the CRIS.
Reporting of CRIS activities should be made transparent in TEQSA’s annual reporting and should be itemised to demonstrate use of public funds for CRIS.
TEQSA ensures that the Compliance Report clearly articulates the need and actions taken by TEQSA regarding investigations and compliance enforcements to clarify the uncertainties associated with the use of public funds.
Non-core regulatory activities should be funded through TEQSA’s existing operational budget as opposed to using the CRIS to gain funding from the sector, especially in cases where these activities have not been consulted with the sector prior to actioning, e.g., guidance documents.
