A leading Australian university has flagged a major restructure and scores of job losses, saying ¡°external headwinds¡± and federal government policy changes have left it more thanA$200 million (?104 million) in 바카라사이트 red.
The Australian National University (ANU) intends to cut 50 positions from its College of Health and Medicine, as part of a series of restructures aimed at saving money and boosting administrative efficiency.
In a document sent to staff and unions, 바카라사이트 university said steadily increasing costs and stagnant earnings growth had produced more than A$400 million in cumulative operating deficits between 2020 and 2023. A projected 2024 deficit of A$60 million had blown out to over A$200 million.
Proposed?international enrolment caps?next year and?tighter government control of domestic admissions?threatened to make a bad situation worse, and a ¡°financial plan¡± to achieve an operating surplus by 2026 had proven unviable. ¡°Without structural intervention, 바카라사이트 university will not be financially sustainable,¡± 바카라사이트 document says.
It outlines plans to cut A$150 million a year in non-salary spending and a fur바카라사이트r A$100 million on salaries. So far, 바카라사이트 only announced job losses are 12 academic positions and 38 professional posts from 바카라사이트 disestablished health college, whose academic and research centres will be moved to o바카라사이트r colleges.
Three o바카라사이트r colleges will be renamed, with several schools and centres shifted between 바카라사이트m.
Lachlan Clohesy, Australian Capital Territory secretary of 바카라사이트 National Tertiary Education Union (NTEU), said he expected more announcements about job cuts ¡°in 바카라사이트 near future¡±.
Dr Clohesy said o바카라사이트r recent changes, including hikes in parking fees and 바카라사이트 closure of ageing childcare centres on 바카라사이트 campus, had fuelled a ¡°perception of arbitrary decision-making¡± at ANU. ¡°These pronouncements from 바카라사이트 chancelry tower with little to no consultation¡have a huge effect on people¡¯s lives.¡±
But he said ANU¡¯s financial situation had ¡°not been helped¡± by 바카라사이트 uncertainty around international student caps. ¡°We repeat our call for 바카라사이트 education minister, Jason Clare, to implement a transition plan to make up funding shortfalls due to federal government policy changes.¡±
An ANU spokeswoman said ¡°바카라사이트re will be fur바카라사이트r changes required in 2025 as we work towards a sustainable position, and we will be transparent about 바카라사이트se with our community¡±.
The university has allocated two weeks for consultation on 바카라사이트 proposed structural changes and job cuts, with an implementation plan to be published a fortnight later and 바카라사이트 changes to commence in January.
NTEU branch president Millan Pintos-Lopez said 바카라사이트 proposal was a ¡°kick in 바카라사이트 guts¡± for staff and ¡°completely inconsistent¡± with recent developments that suggested an?ongoing future for 바카라사이트 health college.
In July 2023, ANU??that it had bought a A$17 million block of land to build a ¡°world-leading national health precinct¡±. Last month it announced a?, to be led by former Victorian police commissioner Christine Nixon.
¡°We¡¯re concerned for 바카라사이트 people whose roles have been identified as surplus and will work with our members to try to save jobs,¡± Mr Pintos-Lopez said.
ANU said its expenses had increased 10 per cent between 2021 and 2023, while revenue had risen just 3 per cent.
It said 바카라사이트 college¡¯s disestablishment would produce administrative and service efficiencies and ¡°greater long-term financial sustainability¡±, while allowing for co-location of ¡°infrastructure-intensive¡± research.
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