Advertisements

A few cuts, no thrills for unis in 2016 Budget

4 May 2016 ……………………………………………………………………………………………………… The government has pushed consideration of proposed university reforms, including a 20% cut in funding, out beyond the election, until 1 January 2018 and it has ruled out full fee deregulation.  It has released an options paper, to guide a consultation process, canvassing a range of alternative fee measures. …………………………………………………………………………………….......…… The 2016 Budget also sees an efficiency dividend of $1.2 billion on legislated dropped but the Higher Education Participation and Partnerships Program has been cut by $152 million to $553 million over four years.  The Office of Learning and Teaching has been abolished, with the resulting $18 … [Read more...]

The Scan # 170 29 May 2015

__________________________________________________________________________________________________________________________________________ News __________________________________________________________________________________________________________________________________________ Victorian  unis "financially strong" 29 May 2015    |   The Victorian Auditor General has reported that Victoria’s eight universities are in a strong financial position but he was critical of lax procedures governing travel expenditure. The eight universities, and their subsidiaries, generated a combined surplus of $537.1 million for the year ending 31 December 2014. This includes, however, audit adjustments … [Read more...]

Australia’s university system efficient but underfunded – UA

Universities Australia    |      21 May 2015 ………………………………………………………………………………………………………  The latest Universitas 21 Report ranks Australia as one of the top countries for the efficiency of its higher education system despite disturbingly low levels of public investment compared with other countries, says Universities Australia. …………………………………………………………………………………….......…… Overall Australia's ranking declined from 8th position in 2013 to 9th position in 2014 and now to 10th position (out of 50 countries) in 2015. "This ranking confirms a concerning downward trend which reflects low levels of government funding compared with other countries", said Universities Australia's Chief … [Read more...]

Victorian universities financially “strong” – auditor

VAGO    |      29 May 2015 ………………………………………………………………………………………………………  The Victorian Auditor General has reported that Victoria’s eight universities are in a strong financial position but he was critical of lax procedures governing travel expenditure. …………………………………………………………………………………….......…… The eight universities, and their subsidiaries, generated a combined surplus of $537.1 million for the year ending 31 December 2014.  This includes, however, audit adjustments  of $259 million arising from qualifications concerning the treatment of certain income by Deakin University, the University of Melbourne and the Australian National Academy of Music. The auditor says that the surplus, … [Read more...]

The Scan # 169 15 May 2015

__________________________________________________________________________________________________________________________________________ GDP spending on higher education set to fall to half OECD average 15 May 2015    |    Spending on higher education as a proportion of GDP will fall from 0.56% in 2015 down to 0.48% in 2018, well below the OECD average of 1%, an analysis of the 2015 Budget figures has determined. According to Vin Massaro, an honorary professorial fellow with the Centre for the Study of Higher Education, higher education spending is slated to drop from $9.3bn in 2015, to $8.9bn in 2016, $9.1bn in 2017 and back to $9.3bn in 2018, representing a drop in GDP every year. … [Read more...]

The Budget in their own words: National Tertiary Education Union

12 May 2015 ……………………………………………………………………………………………………… Despite more than three quarters of Australians opposing deregulation, and the Senate rejecting their plans for $100,000 degrees twice, the Abbott Government has kept its plans for university deregulation in this year’s budget.. …………………………………………………………………………………….......……   These plans include the full deregulation of tuition fees and a 20 per cent cut in funding effective 1 January 2016. “The government is undermining our public university system by extending public funding to private providers,” explained Jeannie Rea, NTEU National President. “This is something that staff, students and the public overwhelmingly … [Read more...]

The Scan | Edition # 164 | 31 October 2014

Labor's calculator of doom 31 October 2014    |       As part of its growing campaign against the Abbott government’s deregulation of university fees, Labor has launched its own “calculator of doom” which shows that in a “best case” scenario in which universities simply raise fees to cover proposed funding cuts, female nurses and teachers could face cost increases of about 60% once interest repayments are included. Under the best case scenario, a female nurse would end up repaying $32,245 for her three-year degree over nine years, up 66% from $19,410 under current arrangements. If prices rose to international student levels she would eventually repay $56,643 over almost 15 years. A male … [Read more...]

Dropping interest will make very little difference to student debts – NTEU

NTEU    |   20 October 2014 ……………………………………………………………………………………………………… The National Tertiary Education Union says that dropping the highly controversial proposed “real interest rat”e on university student debts will have little impact on student debt levels. ……………………………………………………………………………………………….......…… NTEU analysis shows that while removing interest from HELP debts will marginally reduce the cost and the time it takes to pay off HELP debts, it is the amount students will be required to borrow or the cost of their degree which will be the most important factor determining the size of their debt and how long it will take students to repay their student debt. The NTEU posited a … [Read more...]

NTEU’s unAustralian campaign

NTEU    |      21 October 2014 ……………………………………………………………………………………………………… The National Tertiary Education Union  has provided its glimpse into the future should the government’s higher education changes pass the Senate, by way of a spoof edition of The Australian.  Set in the year 2024, it's a somewhat dystopian future with student debt totalling $225,529,072,382 and surpassing Commonwealth debt and Joe Hockey spruiking a rent-a-bomb (as in an old jalopy) site. ……………………………………………………………………………………………….......…… … [Read more...]

V-C salaries 2013

 NTEU News     |   30 September 2014 ……………………………………………………………………………………………………… Analysis of vice-chancellor remuneration packages released by the NTEU shows that there were five universities where the total remuneration package was in excess of $1m. The analysis was compiled using data from universities’ 2013 annual reports. ……………………………………………………………………………………………….......…… The largest package was almost $1.1m for the Australian Catholic University (ACU) vice-chancellor, and the smallest was $445,000 for Edith Cowan University. The average cost across all public universities was $770,000.   Jeannie Rea, NTEU National President said the public has a right to know how much our … [Read more...]