Australian Universities Are Finance Investors With a Side Hustle in Education

Australian universities increasingly operate outside their core business: research and education. In the search of lucrative and “stable” investments, managers see staff, the workers who do the teaching and research as not really worth investing in. “By his own admission, Davis did not value or invest in university staff. Melbourne University alone employed some 10,000 workers in 2019. As Davis explained to the Age, “What you do not want to do is load up the institution with expensive permanent staff . . . later this will be a significant problem.”

Read the whole article by Ben Kunkler here.