Sept 17 (Reuters) - Australian Careers Network Ltd ACO.AX :
* Company update ACO.AX
* Notes the article in the Age Today regarding broker practices relating to its subsidiary training college Phoenix institute
* The article is in the board's view inaccurate and misleading and the matter will be further considered by the board
* Company regularly receives applications for enrolment of students from third party student brokers"
* Reiterates its industry- leading course completion rates of circa 80% across its training business.
* Says board identified a number of factual errors and omissions in the article
* Confirms that screening process for student applications for enrolments results in about 40% to 50% of applications being declined
* Source text for Eikon ID:nASX97T7Wc