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On academic efficiency and the 2013 federal budget

By Matthew Bailes

One of the casualties of the 2013 federal budget is the university sector.

The full text of this article can be purchased from Informit.

As you may have noticed, the 2013 federal budget is out and, despite his best efforts, Euromoney’s “2011 Finance Minister of the Year” Wayne Swan has missed his earlier predicted budget surplus by almost A$20 billion.

The treasurer is paying the price of introducing the mining tax but ending up in a virtual minefield, and coming out almost empty-handed.

Company tax receipts are down, and the traditional pre-election budget full of sweeteners wasn’t possible without a monster deficit – so the axe has been wielded.

One of the casualties is the university sector.

The efficiency dividend

In an incredibly cynical manoeuvre, the government has labelled its 3.25% cut to future university budgets an “efficiency dividend”.

These cuts are on top of...

The full text of this article can be purchased from Informit.