More than 1,000 workers could soon lose their jobs as Australia's universities aggressively cut costs ahead of the federal government's proposed international student caps.
International students come to Australia pursuing a cap and gown, but it is a different kind of cap causing the universities major concern.More than 1,000 workers could soon lose their jobs as Australia's universities aggressively cut costs ahead of the federal government's proposed international student caps , which are expected to take effect next year.
It has also been spending more than it earns for years, recording a deficit of more than $400 million between 2020 and 2023.Photo shows A graphic of two women in graduation outfits, against a purple background with a red graph line over the top. However, hundreds of ANU staff have already been called into meetings to be informed their future employment is looking uncertain.
"Some regional and rural universities could see an uplift in new international enrolments by something like 70 or 80 per cent, so the impact will be highly uneven."The University of Canberra has revealed it will sack at least 200 staff as part of an "urgent and significant" overhaul to save $50 million in ongoing expenditure.
Overall, S&P has given very high credit ratings to Australia's top universities, including the University of Melbourne, ANU and the University of New South Wales."The proposed international student caps will be a credit negative, but we are waiting to see how university management teams respond to these caps.
"Unfortunately, student caps are very far from the solution. What it means is we'll be taking fewer international students who want to study nursing, and these are students we desperately need," Professor Williams said. "It's actually very hard to educate domestic students with government funding to the level that our community would expect."
"So, for me, I think it's about reconnecting with the basics, the fact that we're here for our students and community. Dr Babones, who teaches sociology at the University of Sydney, says this has led to some lectures being "dumbed down". "These aren't occasional occurrences. This is now the dominant mode of education at some of Australia's most prestigious universities."
University Student Caps Education Industry ANU Tertiary Education University Sector USYD James Cook University University Of Canberra Unisq Uow S&P Global Ratings WSU
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Times Higher Education 2024: Australia’s universities tumble down global rankingsAustralia has six universities in the world’s top 100 again, but pandemic-era revenue cuts are hitting financial viability.
Read more »
Australia news LIVE: Pacific nations pressure Australia on climate; Qantas’ union feud flares upRead the national news blog for live coverage of today’s top stories.
Read more »
Australia stays tight-lipped on security demands as Australia backs PNG's $600m NRL dreamThe prime minister has refused to say what security guarantees Australia wants from Papua New Guinea in return for backing the Pacific country's bid for an NRL team.
Read more »
Australia news LIVE: Pacific nations pressure Australia on climate; Qantas’ union feud flares upRead the national news blog for live coverage of today’s top stories.
Read more »
From Korea to Australia: The journey behind Australia’s first hangover jelly7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
Australia news LIVE: King and Queen to arrive in Australia; Hamas leader killed in GazaRead the national news live blog for rolling coverage of the day’s top stories.
Read more »