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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 on theme: "Group of Eight Directors Conference 28 May 2009 Liz Baré Vice-Principal & Head of University Services The University of Melbourne."— Presentation transcript:

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

2 Bradley and Cutler Reports

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

4 New Research Commitments

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

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

7 Additional increases in per student funding rates by 2011

8 Greater socioeconomic diversity on campus

9 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

10 Low SES enrolment share targets %18.5%20%

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

12 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

13 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

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