Universities welcome $1 billion research bailout package

  • 📰 smh
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 80%

Australia Headlines News

Australia Latest News,Australia Headlines

Universities say their pleas have been answered after the federal budget contained a $1 billion research bailout package to help plug the hole caused by the collapse of the international student market | LisaVisentin

Universities say their pleas have been answered after the federal budget contained a $1 billion research bailout package to help plug the hole caused by the collapse of the international student market.

Vicki Thomson, Group of Eight chief executive, says the $1 billion funding lifeline for research in the federal budget will help drive Australia's economic recovery from COVID-19."We have been quite desperate in past months as researchers were being stood down and research programs faltered or halted all because we were missing the international student fees, which previously paid for Australia’s research" chief executive Vicki Thomson said.

In his budget speech on Tuesday evening, Treasurer Josh Frydenberg said the $1 billion injection for research over the next year was about "backing our best and brightest minds whose ideas will help drive our recovery". "This will give universities breathing space meaning they will have sack fewer people in the next few months," Professor Norton said.

Source: Education Headlines (educationheadlines.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LisaVisentin What the LiberalAus taketh away, the LiberalAus giveth some crumbs back auspol ausFRAUD LNPCorruption

LisaVisentin Strings attached?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU

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.

'Heavy burden': Biggest deficit on record, debt on track to top $1 trillionA huge collapse in company and personal income tax has left the budget with its biggest deficit on record and government debt on track to reach $1.5 trillion by the end of the decade | swrighteconomy swrighteconomy Problem just papering over cracks no meaningful reform, bereft of ideas swrighteconomy When in doubt, rack up a sh** load of debt. The problem with current economic policies in a nutshell. swrighteconomy Their new overlords, the Chinese.
Source: smh - 🏆 6. / 80 Read more »

Australia to crash $1 trillion in debt, as Budget tries to spend its way to recoveryBillions of dollars in fast-tracked tax cuts and younger worker wage subsidies underline the Federal Government's budget recovery pitch, as Australia's recession sends debt and deficits to record levels. cancel debts - the thieving christian religion can thieve the idea...its called a 'jubilee' THIEF If we can eradicate a virus we might as well trial mmt Good job lnp you are the greatest
Source: abcnews - 🏆 5. / 83 Read more »

The 'boom and bust' of research funding is harming Australia's space programUniversities welcome the Government's budget announcement of an extra $1 billion for research, but the money won't cover the enormous revenue hit they've taken from the loss of international students. It’s harming every discipline of science. It’s harming our present, and it will have consequences on the future. It is ideological vandalism. Today, 'Frydenberg…backing the country's 'best and brightest minds, whose ideas will help drive our recovery'‽ But, in June, 'cost of studying humanities at university is set to double…announced by the Federal Government'! “Australia’s space program” lol.
Source: abcnews - 🏆 5. / 83 Read more »

Outback station to launch NASA research rockets into spaceAn Outback site on the tip of Australia is set to become a launch location for NASA rockets sending high-tech telescopes into space. 9News
Source: 9NewsAUS - 🏆 10. / 72 Read more »

Australia to crash $1 trillion in debt, as Budget tries to spend its way to recoveryBillions of dollars in fast-tracked tax cuts and younger worker wage subsidies underline the Federal Government's budget recovery pitch, as Australia's recession sends debt and deficits to record levels. cancel debts - the thieving christian religion can thieve the idea...its called a 'jubilee' THIEF If we can eradicate a virus we might as well trial mmt Good job lnp you are the greatest
Source: abcnews - 🏆 5. / 83 Read more »

'Heavy burden': Biggest deficit on record, debt on track to top $1 trillionA huge collapse in company and personal income tax has left the budget with its biggest deficit on record and government debt on track to reach $1.5 trillion by the end of the decade | swrighteconomy swrighteconomy Problem just papering over cracks no meaningful reform, bereft of ideas swrighteconomy When in doubt, rack up a sh** load of debt. The problem with current economic policies in a nutshell. swrighteconomy Their new overlords, the Chinese.
Source: smh - 🏆 6. / 80 Read more »