Australia’s ‘last’ federal funding for buildings under threat

Universities Australia warns government against scrapping Education Investment Fund

February 15, 2017
Construction

Closure of a $3.7 billion (£2.3 billion) education investment fund would end “the last remaining federal programme dedicated to financing university buildings and infrastructure”, Universities Australia has warned.

The government wants to end the programme to fund higher than expected costs in the National Disability Insurance Scheme.

“Established by the Howard government and then supported by Labor in government, this programme funds teaching, training and research facilities at universities right across the country,” said Belinda Robinson, Universities Australia chief executive.

She added that without the funding “future students, communities and the nation will see a gradual erosion of our world-class university facilities”.

Universities Australia highlighted the fact that international education exports are worth $21.8 billion a year to the nation.

“As MPs and senators start the year, we understand the budget is a key concern. It makes no sense to close down programmes that generate wealth for Australia,” Ms Robinson said.

Universities Australia also warned that universities with few alternative funding sources would be hardest hit.

In December’s budget update, the government said it would shut the fund so as to reallocate the funding to the National Disability Insurance Scheme.

john.morgan@tesglobal.com

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments

Most Commented

Felipe Fernández-Armesto takes issue with a claim that the EU has been playing the sovereignty card in Brexit negotiations

Female professor

New data show proportion of professors who are women has declined at some institutions

John McEnroe arguing with umpire. Tennis

Robert MacIntosh and Kevin O’Gorman explain how to negotiate your annual performance and development review

Man throwing axes

UCU attacks plans to cut 171 posts, but university denies Brexit 'the reason'

opinion illustration

Eliminating cheating services, even if it were possible, would do nothing to address students’ and universities’ lack of interest in learning, says Stuart Macdonald