The Universities Accord review is a once in-a-generation opportunity to create a higher education and research system capable of solving the greatest challenges facing Australia’s future.
For Australia to ensure the availability of skills required to solve challenges like climate change and the capacity to make the most of an evolving global economy, the higher education sector must be well integrated and strongly supported.
In its submission to the Universities Accord Interim Report Consultation, the Australian Academy of Technological Sciences and Engineering (ATSE) maintains the need for a world-class, accessible sector in which research is fully supported through stable, long-term investment. Universities and the Vocational Education and Training (VET) sectors must be well integrated and positioned to teach the next generation while pursuing excellence.
The proposed international student levy will not provide long-term financial certainty for domestic education.
Relying on a funding model that is largely dependent on international student fees would tie domestic education funding to unpredictable fluctuations in international student numbers, potentially subjecting the entire university sector to boom and bust cycles. This would reduce Australia’s capacity to develop urgently needed skills, and the sophisticated solutions enabled by long-term research.
ATSE proposes the establishment of a Higher Education Fund aimed at ensuring sustained financial support to the sector. While this may not cover all aspects of higher education funding, it could help address critical areas like infrastructure which have been historically under-funded.