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TEQSA's purpose is to protect student interests and the reputation of the higher education sector by assuring the quality of Australian higher education through a proportionate risk‑reflective approach that supports diversity, innovation and excellence.

In the 2018‑19 Portfolio Budget Statements, TEQSA reported on one outcome and one program. The TEQSA Corporate Plan 2018–22 identifies four objectives for delivering the agency’s purpose.

TEQSA's 2018-19 Portfolio Budget Statements one outcome and one program and the four objectives identified in the TEQSA Corporate Plan 2018-22 for delivering the agency's purpose.