The Australian Vice-Chancellors' Committee (AVCC) has today noted the changes to the Learning and Teaching Performance Fund (LTPF) announced by the Minister for Education, Science and Training, the Honourable Julie Bishop MP.
AVCC President Professor Gerard Sutton said he is pleased the Minister has adopted selected suggested changes to the model put forward by the AVCC earlier this year, including taking into consideration the opportunity to develop an allocation model on the basis of disciplines wherever possible.
"Vice-Chancellors are pleased that for 2007 consideration has been given to the methodology for the LTPF to ensure a more equitable and transparent distribution of the significant monies available to universities for excellence in teaching and learning," Professor Sutton said.
"We look forward to receiving the details about the changes to performance indicators and methodology underpinning how they will be given equal weightings.
"The LTPF is an important reward mechanism for excellent teaching and learning in higher education, and should be continued.
"However over the longer term, the AVCC will work closely with the Australian Government to develop a new framework for the LTPF data collection, analysis and dissemination," Professor Sutton said.
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