Campus Review Vol 30. Issue 06 | Page 14

policy & reform campusreview.com.au The disease was already there It didn’t take a pandemic to make Australian universities sick. By Wade Zaglas Australian universities were left exposed and shocked when health experts and the government decided to close the country’s borders due to the coronavirus outbreak. But this was not a mild shock that would temporarily bruise Australian universities, leave them scrambling for money and jettisoning courses, and then lead to a gradual return to normality. No, this was a mega-shock, something our world-renowned institutions hadn’t seen coming or prepared for. In the article, ‘Australian Universities Were Sick Before the Pandemic’, published in Jacobin magazine, Ben Kunkler (a union activist and casual academic) explains that Australia’s “deep dependence on full-fee paying international students means they have been among the hardest-hit industries in the country”. “Making matters worse, apart from token spending, universities have so far been left out of the Coalition government’s newfound largesse,” he adds. THE NEOLIBERAL UNIVERSITY IN CRISIS Nearly 40 years of funding cuts to universities and deregulation on both sides of politics have made Australia’s universities deeply dependent on the “lucrative” overseas market of foreign students. While all universities have been impacted by this plunge in overseas student enrolments, Kunkler contends that it is the more underfunded institutions (e.g. Federation University and CQUniversity) that face the possibility of collapse. Kunkler also asserts that richer universities are a “legacy of a deliberate strategy to invest in assets rather than staff and students”. But they too “won’t escape unscathed”. “Australia’s five multibillion-dollar universities (Melbourne, Sydney, Queensland, NSW and Monash) have long traded on their lofty reputations overseas, charging full-fee-paying international students many tens of thousands of dollars for an education,” he says. “Now that this revenue has been cut off, universities are left starved of the funding they need to function.” To put the situation into perspective, Kunkler cites that this year alone the University of Melbourne (worth $2.66 billion) is estimated to lose $500 million. But in spite of such collateral damage, universities do not qualify for the JobKeeper subsidy. Although big businesses with a turnover of $1 million can access financial assistance if their revenue dips under 50 per cent, the same is not the case for universities. Due to their non-profit status, universities are officially registered as charities. The sticking point, however, is that the “government’s policy treats them as big businesses, leaving them to fend for themselves”. Kunkler argues that this contradiction “exposes the strange hybridity of the Australian neoliberal system”. Although all university assets are publicly owned, all profits are supposed to be reinvested back into it. 12