Pandemic may cost Aussie varsities A$16 billion
Education is Australia’s third-largest export, with more than 500,000 international students enrolled last year, injecting A$32 billion into the economy. – EPA pic, June 3, 2020.
AUSTRALIAN universities could lose up to A$16 billion as an indefinite coronavirus border closure locks out the foreign students who keep the sector afloat, said the industry today. Lobby group Universities Australia said the revenue shortfall will have a lasting impact on not only higher education staffing and facilities, but also undermine the sector’s world-class research and innovation.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Murderer among Fans in the Stand at Aussie rugby match | The Malaysian InsightCardboard cutout of Harold Shipman, found guilty of murdering 15 patients, but widely believed to have killed more than 200, spotted.
Read more »
Google refuses to compensate Aussie media for newsThe company says it made barely A$10 mil per year from news-linked advertising. FMTNews Google
Read more »
Ernst & Young: Malaysian businesses expect pandemic to have deeper impact on economy | Malay MailKUALA LUMPUR, June 1 — Malaysian businesses anticipate Covid-19 will have a prolonged and deeper impact on the economy and will likely consider strategic mergers and acquisitions (M&As) to accelerate growth. In a statement, Ernst & Young (EY) said its 22nd edition of the EY Global Capital...
Read more »
Zoom earnings soar amid pandemic | The Malaysian InsightCompany makes US$27 million profit on revenue that leaps 169% to top US$328 million in first quarter.
Read more »
Murderer among Fans in the Stand at Aussie rugby match | The Malaysian InsightCardboard cutout of Harold Shipman, found guilty of murdering 15 patients, but widely believed to have killed more than 200, spotted.
Read more »
Riyadh sets US$2.3 billion target for Yemen donor meet | The Malaysian InsightHuthi rebels dismiss Saudi-led initiative as ‘silly attempt’ to gloss over crimes in war-torn nation.
Read more »