The Government鈥檚 own data on its funding freeze,聽, shows which universities will be the hardest hit by the backdoor cuts made in the mid-year Budget update last December.
黑料老司机 Chief Executive Designate Catriona Jackson said these cuts would mean less opportunity for all and create greater barriers for regional students.
鈥淪ome of the places to be hardest hit by the funding freeze are in local economies already doing it tough,鈥 Ms Jackson said.
These regions include central Queensland and the Sunshine Coast, Tasmania, the NT, Ballarat, the Latrobe Valley, NSW鈥檚 Northern Rivers and outer suburban belts across Sydney, Melbourne, Adelaide and Perth.
鈥淚f you鈥檙e a university in an area of growing population with growing demand, these cuts will hit even harder,鈥 she said.
The $2.3 billion cut also risks the nation鈥檚 pipeline of skilled graduates despite forecasts warning labour market demand for university-qualified workers will continue to grow.
The new figures from the Government reveal Central Queensland University, based in Rockhampton, would be the hardest hit 鈥 losing 15 per cent of the base funding it would have received by 2021 if the freeze wasn鈥檛 in place. The University of Tasmania is the next hardest hit, losing almost 11 per cent in funding.
Regional universities on average face a cut to their base funding of 7 per cent by 2021 if the freeze continues.
Ms Jackson said the cuts were short-sighted.
鈥淚f you cut funding to universities, they won鈥檛 be able to respond to skills shortages, local population growth and a diversifying economy,鈥 she said.
“These Government cuts will force some universities to offer fewer places in their local communities. Universities and students right across the country are facing the harsh reality of a cut that does not end.”
The hit is not only to students but to the national tax take. For every single graduate lost to the nation鈥檚 workforce, the economy would be $470,000 worse off.
People living in regional Australia are half as likely to have a university degree as their city counterparts.
鈥淭he pre-freeze uncapped system meant that 50,000 more disadvantaged Australians 鈥 many from our regions 鈥 were able to go to university,鈥 Ms Jackson said.
鈥淲e’ve made great gains in equity. These cuts will send us backwards.鈥
鈥淭his couldn鈥檛 come at a worse time. Australia needs university graduates if we are to maintain our prosperity and survive the major disruption our economy and workplaces face.鈥
鈥淭he Australian Government predicts that over 90 per cent of the new jobs expected to be created by 2022 will require a post-school qualification.鈥