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Damien Cahill, Associate Professor in Political Economy, University of Sydney

Why big university surpluses underscore the need to reform how they are funded and governed

The election of a new Labor federal government probably drew sighs of relief across the higher education sector. University staff and students will be hoping for a more sympathetic approach than they received from the Coalition government.

Tertiary education lobby groups have already put forward their wish lists and funding priorities. Yet the case for increasing funding might be a harder sell now that several universities have announced staggeringly large surpluses in their annual reports.


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