While 18 universities suffered medium to high financial impacts, the incomes of eight increased or were stable. Overall revenue fell 5% – less than feared – but 35,000 staff lost their jobs.
- Professor Emeritus and Former Deputy Vice Chancellor, The University of Melbourne
The budget splashed out extra money for almost every sector deemed important to economic recovery (or politically sensitive). But with universities in a state of financial crisis, they missed out.
As well as extra funding for research beyond what has been announced in the budget for 2021, Australia must take half-a-dozen further steps to put the research sector back on a sound footing.
We estimate the reduction in international student fees will lead to a loss of 5,100 to 6,100 researchers by 2024, with some universities more affected than others.
The reduced rate of funding to universities (of up to 17%), per place, for national priority courses sends perverse messages to universities.
Researchers modelled the impact of the loss of international student fee income on 38 universities.
Australia’s research workforce will be severely impacted by the pandemic, with the effects likely to be felt for years, if not decades.
Australia has some fairly ambitious goals for green energy: a renewable energy target (currently under review) of 20% of electricity from renewables by 2020, and a forecast to get 51% of electricity from…
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