How teaching funds research in Australian universities

Unis

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...]

Keeping it clever

Keep 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...]

LH Martin Newsletter 23 October 2015

Responses by Some Australian Universities to Demand-Driven Policy Reforms by Prof. Emeritus Frank Larkins Frank Larkins' latest analysis on Australian higher education looks at the responses to the demand-driven reforms of 2009. 2016 postgraduate courses - applications open and online info sessions available Master of Tertiary Education Management A two-year, part time course designed for middle to senior level educators, administrators and scholars seeking to extend their knowledge and skills in tertiary sector leadership and management. Read more about the course. Read also about the recent papers by our graduates which were published in … [Read more...]

Universities warned to brace for funding cut

The Australian     |     1 July 2015 ……………………………………………………………………………………………………… Universities have been warned their funding will be cut by 20% almost immediately, an average of $32 million a university, if the government can get its higher education reform package through the Senate by the end of the year. The legislation,  rejected by the Senate in March, was due to be reintroduced during the budget sittings of Parliament  but has been left to "lie fallow" as education  minister Christopher Pyne presumably cultivates the Senate crossbenchers.  Most informed commentary is that the legislation has little prospects of passing in its present form.   So will the government amend the bill? … [Read more...]

Victorian universities financially “strong” – auditor

VAGO uni surpluses

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...]

Uni surpluses don’t reflect “underlying position”

Uni finances

The Australian | 16 April 2015 ………………………………………………………………………………………………………   Victoria’s vice-chancellors have warned that their universities’ surpluses are artificially “inflated” and may bear little relation to reality. ……………………………………………………………………………………………….......…… Among other pressures, the end of the Education Infrastructure Fund means need to generate healthy surpluses to fund future investments. Victorian Vice Chancellor’s Committee chair and La Trobe vice-chancellor John Dewar says: This is the only way a university can fund a capital program given that there are no longer any sources of government funds for capital projects. By and large, universities operate with very low … [Read more...]

Senate impasse creating all round uncertainty

Group of 8      |     6 November 2014 Too many "known unknowns" (2) ……………………………………………………………………………………………………… The Group of 8 consideration of the negative impact of the legislative impasse in the Senate on the government's higher education package comes on the back of Melbourne University stating that it is unable to frame a budget for next year or beyond because there are to many "known unknowns.   Neither can you say that its prognostications about the likely impact on other areas of university funding, such as research, are unreasonable: the government  seems set to effect at least its savings, one way or another.  Elsewhere, the Grattan Institute's Andrew Norton suggests a freeze on … [Read more...]