University of Melbourne Newsroom | 30 September 2013 Entertainer, writer and broadcaster Barry Humphries has joined The University of Melbourne’s major fundraising initiative as a Campaign Patron, it was announced today. Believe – The Campaign for The University of Melbourne is the most ambitious fundraising initiative undertaken in its 160 year history by University, with a target to raise $500m. The campaign seeks to secure investment for the University’s endowment to support student scholarship and experience, together with investment in the world leading research at the university – which seeks solutions to the world’s most significant challenges. Over 12,000 generous … [Read more...]
The Scan | #138 | 20 September 2013
____________________________________________________________________________________________________________________________________________________ Education and training separated There was speculation after the announcement of Tony Abbott's ministry early in the week as to who would be handling VET matters within the education portfolio. The VET side of the tertiary sector has actually landed in the lap of former and once more industry minister Ian McFarlane, along with science and research. It's a curious decision to separate the tertiary sector in that way, although not without precedent: VET was located in the business portfolio in Victoria in 2006 but reunited with education by … [Read more...]
Budget crunch looms at La Trobe
The Australian | 18 September 2013 La Trobe vice-chancellor John Dewar has warned that the university is overdue for a "root-and-branch" crackdown on costs, having systematically avoided addressing funding issues for the past 10-15 years. La Trobe is behind its growth target by about 1200 full-time students, amounting to a revenue shortfall of up to $25m by 2015 and an overall deficit of $65 m. There are some worries that the vice-chancellor's targets for boosting performance may be unaffordable. And there are concerns that in seeking to attract students with higher ATARs, the university's original mission to increase participation could be diluted. But Dewar rejects … [Read more...]
Opposition push to lift O/S student numbers
The Age | 20 August 2013 An Abbott government would make it easier for foreign students to obtain post-study work rights in Australia as part of a Coalition push to repair the lucrative education export industry. Opposition education spokesman Christopher Pyne said the Coalition ''cannot promise to reverse the $2.8 billion of cuts to higher education''. However he vowed to increase revenue to universities within 100 days of being elected by ''rebuilding'' the international education market, which he said had shrunk under Labor from $19.8 billion in 2008 to $14.5 billion today. However, the contraction in the market has been concentrated in the VET sector. Mr Pyne also … [Read more...]
NTEU’s “National Day of Action”
NTEU News | 19 August 2013 The National Tertiary Education Union, together with the National Union of Students (NUS) and the Council of Australian Postgraduate Associations (CAPA) is holding a National Day of Action on Tuesday 20 August to “champion the cause of publicly-funded and properly-funded higher education in the lead-up to the Federal election”. NTEU members at 10 universities are also taking industrial action as enterprise bargaining negotiations break down over key issues, including workloads and job security. Jeannie Rea, National President of the NTEU that higher education in Australia “stands at a tipping point”: Over the past three years, the Labor Government … [Read more...]
Carr equivocal on caps, firm on funding cuts
Commonwealth News | 16 July 2013 In an interview on ABC Radio National, higher education minister Kim Carr was somewhat equivocal on the issue of reimposing university enrolment caps. He acknowledged that, in general terms, the 40% bachelor degree attainment target for 25-34 year olds is being approached, with women having already exceeded it. In particular he noted “there are sections of the Australian population - parts, large communities within our cities, in particular, where the growth rates would seem to be pretty much exhausted.” But equally he noted that “in regional areas, and in particular areas of disadvantage there is still a lot more work to be done . As to … [Read more...]
Australian researchers call for non-partisan backing
Universities Australia | 17 June 2013 Australian research bodies have come together to urge non-partisan support for science and all forms of research, demanding that all parties make a commitment to the fundamental value of research in the physical, biological and social sciences, through to engineering and humanities. The research alliance has a broad base, including researchers across business and industry, universities and medical research institutes. The call comes from peak bodies from across the research spectrum, in science, education, social sciences and humanities and from our eminent scientists and engineers, including Australia's most recent Nobel Laureate, Brian … [Read more...]
PM faces protest over uni cuts
NTEU News | 11 June 2013 The National Tertiary Education Union (NTEU) and the National Union of Students (NUS) are joining forces to protest higher education cuts on Wednesday 12 June at a private Labor Party fundraiser in Fremantle where Prime Minister Julia Gillard is speaking. It looks like being a colourful demonstration, and certainly not the sort of colour and movement the Prime Minister desperately needs: the NTEU and NUS will be joined at John Curtin College of the Arts Fremantle by groups representing refugees, single parents and same-sex marriage advocates. Gabe Gooding, NTEU WA Division Secretary, says that the latest $2.3bn cuts to university and student … [Read more...]
UNSW to borrow for capital works
Australian Financial Review | 3 June 2013 University of NSW vice-chancellor Fred Hilmer says the university will borrow money to fund capital works in the face of government funding cuts that equal a $30 million annual hit to the budget. The university is investigating options for borrowing at least$150 million more. The life of the loan would likely be 10 to 15 years. “We expect a future government would come up with a funding model that will resource universities properly and allow us to repay the loan,” Hilmer said, adding that the university’s priority was to continue with capital works already in the pipeline, including new buildings for biosciences and mechanical … [Read more...]
…unis steady
Seven of Victoria's eight universities reported a surplus in 2012, with the sector generating a total surplus of $454.6 million, compared to a $478.5 million surplus in 2011. Student fee revenue grew by $107.4 million, mainly due to higher domestic student fee income. Victoria University, which had a deficit of $6.5 million, was assessed as having medium financial sustainability risk due to its poor self-financing indicator. Monash University's financial sustainability risk was assessed as high due to low liquidity, however it had financial assets classified as 'available for sale' which can be converted to cash if required. The remaining six universities had a low financial … [Read more...]