Universities cry poor as they print profits

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Researchers from the Mitchell Institute have released interesting data on the state of Australian university finances.

It turns out that university revenues are only down 6% from their pre-pandemic level in 2019. This follows an unbroken run of revenue growth that stretched all the way back to 1995:

University revenue growth

An extraordinary decade of revenue growth.

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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.