Uni bosses reel in $1m-plus salaries on back of wage theft

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Michael Sainsbury has torn into Australia’s commercialised university sector on MichaelWest.com.au, accusing senior management of profiteering on the back of rampant wage theft:

While huge numbers of teaching staff have been casualised, the sector is reporting bumper profits and eyewatering corporate salaries…

Union representatives are concerned that wage theft by universities from their increasingly casual workforce could reach into all of Australia’s 39 public universities.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.