$600m University Budget Collapse
The University of Melbourne is facing a massive budget deterioration of nearly $600m this year, driven by a collapse in investment income and the growing cost of post-pandemic recovery.
The University of Melbourne is facing a massive budget deterioration of nearly $600m this year, driven by a collapse in investment income and the growing cost of post-pandemic recovery.
One can be forgiven for thinking that the pandemic has resulted in universities being thrown into a quagmire of seemingly unfathomable challenges.
The volume of university research went up, not down, during Covid Read More »
Australia has 37 public universities; Victoria has eight of these. A range of insights about our universities come from recently released statistics.
Shortly after the pandemic’s onset, there was a view that Australia’s universities were facing a ‘perfect storm’ of negative events. With more limited international student tuition income and no access to JobKeeper funding offered to others, the public universities faced the daunting task of navigating through seemingly inevitable financial challenges.
Group of Eight Unis outperformed in productivity during the pandemic Read More »
South Australia’s new Premier, Peter Malinauskas, has proposed creating a commission to investigate merging the state’s public universities.
A merger of the three SA public universities could bring efficiencies Read More »
Last month, university data for 2020 was released by Acting Education Minister Stuart Robert. This first official data reveals the effects of the pandemic on Australia’s universities.
Most unis performed better than expected in the year of crisis Read More »
The Covid-19 pandemic provides an opportunity to reflect deeply on what has gone before and how we should do things differently. In the article below, Stephen Parker presents his personal vision to rebuild Australia’s tertiary education system, improving its sustainability, fairness and productivity.
Rebuilding a Sustainable, Fair and Productive Tertiary Education System for Australia Read More »
The appointment of Professor Attila Brungs as vice-chancellor of the University of New South Wales is a strong one, and no doubt will be welcomed by the UNSW community.
University Productivity-UNSW vs UTSA Tale of One City (and Two Universities) Read More »
Federal Education Minister Alan Tudge told universities last week he wanted to start a conversation about greater differentiation and specialisation in the sector.
Why Alan Tudge is right to talk about specialisation in universities Read More »
Three weeks ago in this publication, Stephen Parker described the challenges facing professions and occupations that suffer from what is sometimes referred to as Baumol cost disease. This is the idea that some kinds of personal services find it difficult to generate productivity improvements beyond a certain point but they must pay salaries that compete with other occupations that can.
Research productivity is growing; Teaching productivity is not Read More »