NewsTop Stories
Universities post record-breaking surplus in 2021
Australian universities reported a record-breaking $5.3bn surplus during the second year of the pandemic, up from a surplus of $706.9 million in 2020, new data shows.
Please login below to view content or subscribe now.
“Employee expenses were cut down by 5 per cent across the sector, the report said, including 4.6 per cent for academic staff and 6.7 per cent for professional staff.” That was job cuts and early retirements.