By tracking the outcome of a contract of training over time, contract completion and attrition rates can be measured. This method requires enough time to pass to accurately report on outcomes for the majority of contracts. This publication presents completion and attrition rates for apprentices and trainees using three different methodologies: (1) contract completion and attrition rates--based on the outcomes of contracts of training; (2) individual completion rates--based on contract completion rates and adjusted for recommencement factor; and (3) projected contract completion and attrition rates for the latest commencing apprentice and trainee cohorts--based on a "life tables" methodology. Contract completion rates for apprentices and trainees commencing in 2007 were 44.7% for trade occupations and 53.5% for non-trade occupations, compared with 46.2% and 52.6%, respectively, for those commencing in 2006. Individual completion rates for apprentices and trainees commencing in 2007 were 55.4% for trade occupations and 55.3% for non-trade occupations, compared with 57.3% and 54.4%, respectively, for those commencing in 2006. Projected contract completion rates for apprentices and trainees commencing in the December quarter 2011 were 46.7% for trade occupations and 61.2% for non-trade occupations, compared with 46.8% and 58.6%, respectively, for those commencing in the December quarter 2010. (Contains 9 tables and 11 notes.) [For the "Australian Vocational Education and Training Statistics: Completion and Attrition Rates for Apprentices and Trainees, 2010," see ED522577.]