Sector reactions to MYEFO funding cuts – mainly calm

22/10/2012 By
ATN logo

22 October 2012 The tertiary education portfolio bore the brunt of portfolio cuts in the "Mid Year Economic and Fiscal Outlook", with  $1.42 billion over 4 years.   About $500 billion will be saved by "slowing" the Sustainable Research program,  while the “cessation” of higher Education Facilitation Funding will save another $270 million.   The sector has,expressed disappointment at these measures, as they would and should.   Nevertheless, we get the feeling that the ATN comment - sort of glass half full attitude, rather than half - probably best sums up the sector attitude.   The savings measures are discomfiting for all, particularly unpalatable for the research intensive … [Read more...]

Filed Under: ATN, Budget, Group of 8, IRU, Research, Uncategorized Tagged With: , , ,

Commonwealth Budget cuts to research and skills

22/10/2012 By
Budget cuts

22 October 2012 The Commonwealth's "Mid Year Economic and  Fiscal Outlook" (MYEFO) has announced revenue and expense measures which will yield $16 million in additional revenue and program savings/cuts over four years .  The bulk of  portfolio savings will come from programs administered by the Department of Industry, Innovation, Research, Science and Tertiary Education which will yield $1.42 billion over four years.  "Slowing" funding increases under the  Sustainable Research Excellence program, introduced in 2010 to support universities in meeting the indirect costs of their Australian Competitive Grant (ACG) research activities,  will yield about $500 million over four years. … [Read more...]

Filed Under: Budget, Commonwealth policies, Research, Uncategorized Tagged With: , , , ,

Medical research grants announced but uncertainty over other funding

22/10/2012 By
Research2

Universities Australia Newsroom    |    19 October 2012 The Commonwealth government has announced $652 million in National Health and Medical Research Council grants, the first tranche of grants to emerge from the Government's freeze ahead of the Mid-Year Economic and Fiscal Outlook (MYEFO) on 22 October.  Universities Australia chief executive Belinda Robinson welcomed the announcement, noting:  Over three quarters of Australia's 39 universities have directly received grants in this funding round, showing just how vital the sector is in protecting and advancing the health of all Australians.  The fact that these frozen grants have been paid in full is also recognition by … [Read more...]

Filed Under: Budget, Commonwealth policies, Higher education policy, Research, Universities Australia Tagged With: , , ,

Australian Financial Review Education Supplement 22 October 2012

22/10/2012 By
afr LOGO

Benefits-based fees plan under attack The controversial call by the Grattan Institute think tank for students to pay more for university degrees has been challenged by one of the authors of the Federal Government's review of higher education funding. Education briefs The federal government announced $652 million in National Health and Medical Research Council grants on Friday, the first since a grant freeze was imposed ahead of the Mid-Year Economic and Fiscal Outlook. Business study is key: accountants The two key bodies representing the accountancy profession have called for compulsory business education in the middle years of high school. Australia's unis seek to make name for … [Read more...]

Filed Under: Curtin University, Grattan Institute, Higher education policy, MOOCs, National Tertiary Education Union, universities Tagged With: , , , ,
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