Group of Eight Directors Conference 28 May 2009 Liz Baré Vice-Principal & Head of University Services The University of Melbourne.

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Presentation transcript:

Group of Eight Directors Conference 28 May 2009 Liz Baré Vice-Principal & Head of University Services The University of Melbourne

Bradley and Cutler Reports

New Money for Universities $469 million $613 million $760 million $1,050 million Source: Budget papers. Does not include Super Science initiative.

New Research Commitments

Additional Commonwealth-Supported Places Source: DEEWR Budget statements, outcome 3

New accreditation and quality assurance system Tertiary Education Quality and Standards Agency (TEQSA)

Additional increases in per student funding rates by 2011

Greater socioeconomic diversity on campus

Five measures to increase low SES participation Demand-driven funding system to create new places Better-targeted student income support Partnerships program Loading for low SES students Enrolment target

Low SES enrolment share targets %18.5%20%

Source: Data supplied by the Victorian Tertiary Admissions Centre and Australian Bureau of Statistics ENTER results and SES

EIF contribution to budget measures With EIF$469 million $613 million $760 million $1,050 million Without EIF $82 million $286 million $599 million $1,031 million

Budget deficit (million) $57,988$52,267$48,931$25,671 Interest on debt (million) $6,333$8,400$10,716$12,545 Source: Budget Statement No. 9 Budget deficits and interest costs