No COVID-19 Stimulus Money for Universities

Australian universities have their hands out for COVID19 stimulus monies.

When you pay your Vice Chancellors over $1 million and spend taxpayers money on non-core building activity, I say NO. 

Transcript

Mr. President, I move the motion as amended.

Senator Ruston.

[Ruston] I seek leave to make a short statement.

[President] Leave is granted for one minute.

[Ruston] The Morrison Government Community Group to support those in need, including international students, universities, together with states and territories of established hardship funds, and other supports. Australia’s universities are autonomous institutions governed by university councils. Reporting of liquidity across the sector as of the 31st of December 2018 showed total cash and investments of $20.3 billion. Universities are eligible for job keeping if they meet the relevant criteria.

Senator Roberts.

[Roberts] I seek leave to make a short statement.

[President] Leave is granted for one minute.

[Roberts] Thank you. One Nation opposes this motion. We are concerned that everyday Australians who are doing it tough right now may have to bail out the universities that have become dependent on foreign students. These universities expose us to significant financial risk when they’ve spent vast amounts of our money on overseas students to create more revenue for them.

So where was their detailed business case in their risk analysis? If government did a utilisation study on these campuses before approving more building, they would find that their existing buildings are underused. And universities should not be in the accommodation business.

James Cook University has just tendered to develop student accommodation at a time when I found 216 vacant rental properties in Town’s Hall today. James Cooke University should give us our money back. We value their research and teaching, but they must act professionally.

If the universities were serious, then they would lead by example and cut the million dollar plus vice chancellor’s salaries. Why won’t they? Because they lack accountability.