Season 5 · Episode 8
Breaking Down the New RTO Standards – Risk Management & Compliance with Maciek Fibrich
Angela and Maciek explore what it takes to build a compliant, high-quality training system under the revised Standards for RTOs (1.1 & 1.2), breaking down key compliance requirements, common pitfalls, and practical strategies to ensure training delivery aligns with industry needs.
26 March 202531 min
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Show Notes
- Welcome and introduction to new Standards—what changed and what stayed the same
- Quality Areas 1 & 2—limited changes with focus on holistic wellbeing
- Risk management requirements—financial position, performance, and cash flow
- Continuous improvement requirements—systematic monitoring and evaluation of services
- Financial viability and conflict of interest—stricter fit and proper person requirements
- Managing under 18 students—safety risks and compliance obligations
- Implementation tips and practical guidance for July 1 start date
Key Takeaways
- Risk management is now central to compliance under Standard 4.3
- All staff must do VET professional development—not just trainers
- Continuous improvement must cover all services, not just training products
- Financial monitoring and conflict of interest disclosure are now required
- Approach risk management as good business practice, not just compliance
Resources Mentioned
- RTO Risk Register Template
- EduStream YouTube Channel
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