Majority of university chiefs in Victoria earn over $1m despite budget woes

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Majority of university chiefs in Victoria earn over $1m despite budget woes
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Federal government vows crackdown as institutions increased their vice-chancellor’s salaries amid job losses in the sector

Swinburne University was among the Victorian universities that provided a major pay increase for its vice-chancellor, though it was the only one which did which also posted an annual profit.Swinburne University was among the Victorian universities that provided a major pay increase for its vice-chancellor, though it was the only one which did which also posted an annual profit.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup A spokesperson for the university said the cuts came in response to an ongoing decline in student numbers which had been exacerbated by “unexpected but necessary changes to international student visa arrangements”.

Swinburne’s vice-chancellor received a pay increase of $10,000 to between $1,040,000 to $1,049,999 amid an operating surplus of $24.3m, while RMIT’s vice-chancellor, Prof Alec Cameron, had his salary jump by more than $50,000 to sit between $1,000,000 and $1,009,999.Our Australian morning briefing breaks down the key stories of the day, telling you what’s happening and why it mattersThat came despite RMIT reporting an operating deficit of -$11.6m in 2023, a narrowed margin from a -$27.

Dr Alison Barnes, the president of the NTEU, said vice-chancellor salaries should not exceed those of the premier of the state in which they worked. “The same people who have overseen $170m in wage theft are getting their already outrageous salaries increased. This is wildly out of step with community expectations international comparisons.”

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