28 November 2015 ……………………………………………………………………………………………………… A report by the Grattan Institute report finds that universities earn up to $3.2 billion more from students than they spend on teaching, and have powerful incentives to spend the extra money on research. International students, who usually generate more revenue per student than domestic students, contribute a substantial proportion of this surplus. The report’s author, Andrew Norton, says the finding is concerning because, while university research matters to Australia, the evidence that it improves teaching is less clear. He observes that direct spending on teaching, by contrast, is far more likely to ensure that universities … [Read more...]
In vino sanitas*
Huffington Post ……………………………………………………………………………………………………… Research conducted by the University of Alberta in Canada has found that health benefits in resveratrol, a compound found in red wine, are similar to those we get from exercise. …………………………………………………………………………………….......…… According to lead researcher, Jason Dyck, these findings will particularly help those who are unable to exercise. Resveratrol was seen to improve physical performance, heart function and muscle strength in the same way as they’re improved after a gym session. According to Dyck: ... resveratrol could help patient populations who want to exercise but are physically incapable. Resveratrol … [Read more...]
The importance of universities to Australia’s prosperity
28 November 2015 ……………………………………………………………………………………………………… Universities Australia commissioned Deloitte Access Economics to analyse the contribution that universities make to Australia’s economic and social prosperity. This work was undertaken to inform the development of Universities Australia’s Keep it Clever—Policy Statement 2016. The report seeks to present a comprehensive and coherent framework of benefits generated by universities. This includes examination of the conceptual role of universities in Australian society and how they contribute to the success of the nation, as well as a more detailed analysis of the benefits directly attributable to universities. The scope of the … [Read more...]
Keeping it clever
28 November 2015 ……………………………………………………………………………………………………… A national productivity windfall generated by university research has delivered economic benefits to Australia worth a third of the growth in average living standards over the past 30 years. These productivity gains have been worth an estimated $10 billion each year over those three decades. …………………………………………………………………………………….......…… The new modelling and analysis is one of the key findings of the full Deloitte Access Economics latest report, The importance of universities to Australia’s prosperity. The $10 billion productivity boost is in addition to the $25 billion that universities contribute to the Australian economy … [Read more...]
ACCC hits up Phoenix for $106 m
Fairfax Media | 25 November 2015 ……………………………………………………………………………………………………… The Australian Competition and Consumer Commission (ACCC) has accused leading VET provider Phoenix Institute of false, misleading and unconscionable conduct and is seeking recovery of $106 million in Commonwealth funding through VET-FEE HELP. …………………………………………………………………………………….......…… The ACCC launched legal action in the Federal Court on 25 November 2015 alleging: Phoenix represented to prospective students that they would receive a free laptop and that the course(s) were free or were free if the consumer did not earn approximately more than $50,000 per annum. In fact, the laptop they received was on … [Read more...]
New from NCVER
More comprehensive picture of training emerges NCVER has published total VET activity (TVA) data for the first time. So what does it tell us? The data was reported by 4601 Australian providers following the introduction of mandatory reporting of training activity. This wider collection of training is the start of a transformation that will improve our understanding of Australia's training system. Show more... Creating inclusive learning environments to support students with disability or ongoing ill health The use of both institution-level learning supports and individualised reasonable adjustments improves the likelihood of students with disabilities or ongoing ill health … [Read more...]
Vocation goes into administration
26 November 2015 ……………………………………………………………………………………………………… The troubled publicly listed VET provider Vocation has been placed into voluntary administration after investors refused to tip extra money into the business. …………………………………………………………………………………….......…… Vocation has been under pressure since the Victorian government withdrew $20 million in funding amid criticism of the company's courses. It's share price collapsed from $3.35 a share back in September last year to 12 cents on 26 Novemeber. Chairman Doug Halley said :while the company's turnaround plan had been proceeding well" (sic), investors were not willing to inject extra money into Vocation: The board believes that the … [Read more...]