Higher Education Review Process
Setting Firm
Foundations: Financing
Australian Higher Education
© Commonwealth of Australia 2002
ISBN 0 642 77277 0
ISBN 0 642 77283 5 (Electronic version)
DEST No. 6894.HERC02A
This work is copyright. It may be reproduced in whole or in part for study or training purposes subject to the inclusion of an acknowledgment of the source and no commercial usage or sale. Reproduction for purposes other than those indicated above, requires the prior written permission from the Commonwealth available from the Department of Communications, Information Technology and the Arts. Requests and inquiries concerning reproduction and rights should be addressed to Commonwealth Copyright Administration, GPO Box 2154, Canberra ACT 2601 or e-mail
commonwealth.copyright@dcita.gov.au
The views expressed in this report do not necessarily reflect the views of the Department of Education, Science and Training.
top
contents
foreword
purpose of issues papers
submissions
executive summary
1. introduction
2. current financing arrangements
a. commonwealth funding
b. funding from other sources
3. financial status of australia’s higher education institutions
a. liquidity and financial stability measures
b. revenue and expenditure trends
c. some financing pressures affecting australia’s universities
4. the need for change
a. lack of flexibility
b. marginal funding
c. access to loans
d. unmet demand
e. red tape
5. key issues for financing teaching and learning
a. how big should the australian higher education sector be?
b. how should public and private contributions to higher education be balanced?
c. funding mechanisms—some key considerations
6. some funding models for teaching and learning
a. principles underpinning an effective funding model
b. possible models for financing teaching and learning
c. other possible models
7. key issues for research funding
a. key principles for publicly funded research
b. overall levels of research funding
c. a broader national approach?
d. the distribution of public research funding
8. diversification of funding sources
a. state government funding
b. commercialisation of research
c. commercialisation in other areas
d. international students
e. philanthropy
f. fund-raising
references
top
tables and figures
tables
table 1. distribution of HECS debts as at 30 June 2002
table 2. measures for assessing liquidity and financial stability
table 3 summary of financial status indicators, 1999 and 2000
table 4. state and territory governments funding for higher education and payroll tax income
figures
figure 1. sources of revenue, 2000
figure 2. operating margin, 1996-2000
figure 3. current ratio
figure 4. external borrowing
figure 5. cash and investments
figure 6. net capital expenditure
figure 7. revenue and expenditure
figure 8. revenue from full fee paying overseas students
figure 9. expenditure analysis
Return
to the Top of the Page
|
