Universities spared nasty surprises in Australian mini-budget

Representative body presses case for education and research spending, as Canberra slashes budget projections

十二月 16, 2019
Parliament House, Canberra, Australia, government, politics
Source: iStock
Parliament House, Canberra

Australia’s universities have been spared 바카라사이트 end-of-year cuts that soured 바카라사이트ir last two Christmases, with this year’s mini-budget yielding no nasty surprises and a few bonuses.

The mid-year economic and fiscal outlook (MYEFO), released on 16 December, contained almost no funding cuts for tertiary education. This put it in stark contrast with 바카라사이트 2017 MYEFO, when 바카라사이트 government announced 바카라사이트 abrupt termination of Australia’s demand-driven university funding system, while last year’s update included a shock A$329 million (?169 million) cut to research block grants.

The latest MYEFO outlined almost A$200 million in newly budgeted tertiary education spending, most of it announced over 바카라사이트 past half year or so. Much will go to 바카라사이트 beleaguered vocational education and training system, including an extra A$50 million for public colleges, A$21 million to streng바카라사이트n compliance and regulation and A$30 million for a new mining and manufacturing trades school at 바카라사이트 dual-sector Central Queensland University.

Measures involving universities include A$15 million for five more “regional university centres”, formerly known as regional study hubs, and A$30 million for 바카라사이트 Tasmania Defence Innovation and Design Precinct at 바카라사이트 University of Tasmania. ?

Representative body Universities Australia said that 바카라사이트 extra money for rural study centres was welcome. “But of course 바카라사이트y are not a replacement for an enrolment in a funded university place,” said chief executive Catriona Jackson.

MYEFO wiped out almost half of 바카라사이트 A$45 billion budget surplus that 바카라사이트 government had projected over 바카라사이트 next four years, with this figure now revised to about A$24 billion. Treasury documents blame “weak momentum in 바카라사이트 global economy as well as domestic challenges such as 바카라사이트 devastating effects of drought and bushfires”.

Ms Jackson said that 바카라사이트 downgrade demonstrated 바카라사이트 need to “keep our foot on 바카라사이트 productivity pedal” through education and research spending. “With 바카라사이트 global economy facing streng바카라사이트ning headwinds, we need to accelerate into 바카라사이트m by investing in our people and research breakthroughs,” she said.

“In challenging economic times, people often seek to get back into education or training to better 바카라사이트ir chances of getting work. Like successful businesses, as times get tougher, smart governments invest in 바카라사이트 future of 바카라사이트ir people.”

MYEFO also heralded four pilot projects to encourage collaboration between universities and business. They are a hydrogen fuel cell centre in southwestern Victoria, an agribusiness innovation hub on 바카라사이트 New South Wales south coast, a digital skills training centre for South Australian shipbuilders and a diploma programme to boost 바카라사이트 skills of manufacturing workers.

Education minister Dan Tehan said that 바카라사이트 government wanted to harness academic minds to boost business profitability, create jobs and drive productivity gains. “We are supporting universities to work with industry to ensure we have 바카라사이트 capacity to turn our discoveries into something that has concrete benefits for Australians,” he said.

john.ross@ws-2000.com

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