University sector faces $3bn revenue loss | Sky News Australia

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Universities Australia Chief Executive Catriona Jackson says she was “disappointed” universities are not eligible for greater access to the JobKeeper program as the sector faces financial strain due to the coronavirus pandemic.

Under the $130 billion wage subsidy plan, charity workers would be able to access fortnightly payments of $1,500 per person as part of the government's initiative to help not-for-profit organisations during the virus outbreak. Ms Jackson told Sky News “universities are not-for-profit entities and in fact registered charities so we were hoping we would be eligible under that new 15 per cent revenue decline level that some other charities are being let in on”.

“Every cent that comes into a university goes back into the education of students and goes back into world leading research,” she said. She said there were serious concerns that the university sector faced losing at least $3 billion in revenue as well as costing about 21,000 jobs. “Domestic enrolments are holding up mostly really well” however the “really big revenue hit” comes from international students, she said.

 

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Oh dear let's just put all and sundry on this $1500 program but I'm sure there'll still be someone unhappy 😭😭😭😭

CoViD has killed 3 birds with one virus (much better result than 2 birds with one stone) identity politics climate cultism education profiteering Sanity will return to higher education on the other side of CoViD

Take a pay cut!!!!

Financial strain ? Doesn't the universities teach business studies ? Surly those professors can guide the Uni's business decisions ? Or have they been and the professors have screwed it all up...

Keep importing more sick Chinese students - should make you tens of millions & Australians sick !

How much money do you want just greed

It’s almost like pretending education is a commodity is a moronic neoliberal fantasy that doesn’t work at all...

C'mon. Universities wanting to get in on the Jobkeeper payments. This would be the same universities that were gaming the system to by-pass border laws to get student's in the country. They've got plenty and don't need it. Perhaps the lefties that run them can take a pay cut.

Now university students will end up like me ? Acting 🤣🤣🤣

I thought they'd be glad not taking western world money......

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