Universities cry poor as they hose funds on trophy buildings

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The conduct of Australia’s Universities continues to raise eyebrows.

Take Melbourne University, whose vice-chancellor Duncan Maskell earns a hefty $1.5 million salary. Yet Maskell’s university has been overwhelmingly staffed by insecure casual workers:

The rush towards insecure work has been led by the University of Melbourne, Australia’s richest tertiary institution, which listed reserves of $4.43 billion while employing 72.9 per cent of staff on insecure terms…

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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.