Call for University of Sydney to stop job losses amid unexpected revenue

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The University of Sydney will earn almost as much in student revenue this year as it expected before the pandemic hit | JordsBaker

Add articles to your saved list and come back to them any time.The University of Sydney will earn almost as much in student revenue this year as it expected before the pandemic, after the domestic market stayed strong and fewer international students dropped out than it had feared.

The University of Sydney will earn almost as much in student revenue this year as it expected before the pandemic.In an email to staff on Tuesday, vice-chancellor Michael Spence said the university had come closer to achieving its pre-pandemic budget forecast than it thought possible. “The impact of the continuing global pandemic on international student enrolments for 2021 remains difficult to predict, so while we welcome these results we must continue to prepare for a number of future possibilities,” Dr Spence said.

National Tertiary Education Union branch president Kurt Iveson said last year’s student revenue was $1691 million, and the announcement put this year’s revenue at $1756 million, which was $98 million short of the $1854 million originally forecast.“[This] is one of the reasons the NTEU Branch remains adamantly opposed to the voluntary redundancies they are still pushing ahead with.

 

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JordsBaker Because the greedy sods want to earn more.

JordsBaker So the vice chancellor gets his $1 million salary .

JordsBaker Won't they need to forecast for next year? Not sure if students will have the same mindset as pre-covid.

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