Video PlayerClose CANBERRA, Nov. 25 (Xinhua) — More than a quarter of Australian universities’ revenue in 2019 came from international students. According to data released by the federal government on Wednesday, universities turned a 2.3 billion Australian dollar (1.6 billion U.S. dollar) profit in 2019. However, the result was underpinned by a heavy reliance on international student fees. Of the university revenues in 2019, 10 billion AUD (7.3 billion USD), or 27 percent, came from international students. It means that without international students, as has been the case in 2020 as a result of the novel coronavirus pandemic, the industry would have posted a loss of 7.7 billion AUD (5.6 billion USD). Australia’s public universities have repeatedly called for more government assistance amid the pandemic but were excluded from the jobkeeper wage subsidy scheme, leading to more than 12,500 people employed at universities losing their jobs. Universities Australia, the peak body representing those institutions, warned in June that the sector would lose up to 16 billion AUD (11.7 billion USD) in revenue between 2020 and 2023 as a result of the pandemic, devastating the country’s research capacity. In a virtual speech to a innovative technologies conference on Wednesday, Tanya Plibersek,… Read full this story
- Gemma Collins channels her inner Beyoncé as she hits the dancefloor while surrounded by security at University of Kent's student union
- The Significance Of Australian Education Consultants For Overseas Students
- New data reveals Ireland's most dangerous stretches of road
- Indian Universities To Support Village Students
- Mobile phone data reveals which UK region talks the most
- REVEALED: How Australia's universities are helping China build a surveillance state and strengthen its rapidly modernising military - putting our national security at risk
- Lecturer demanded sex in return for better grades, Nigerian student says
- Universities use lavish perks to compete for students
- Australian academic detained in Iran sentenced to 10 years in prison
- Students warned to steer clear of fake freshers' events
Data reveals Australian universities' heavy reliance on int'l students have 309 words, post on www.xinhuanet.com at November 25, 2020. This is cached page on Asean Breaking News. If you want remove this page, please contact us.
