Campus Review Volume 26. Issue 1 | Page 18

VC’S CORNER campusreview.com.au Educated guesses It’s hard to predict just what’s next for the sector with so many shifting factors in play – but let’s try anyway. By Caroline McMillen I t’s tough to make predictions, especially about the future, the Danish proverb runs. This is particularly true in the Australian university sector. Even the most prescient observers would have lost their money had they gambled on the outcome of the higher education policy roulette wheel in the past few years. Efficiency dividends, 20 per cent cuts to the Commonwealth Grant Scheme and fee deregulation have all been announced, discussed, prepared for on campus – and rejected by the Senate. Will 2016 be any less turbulent, given the probable impact on Australia and our own sector of some of the seismic shifts in the geopolitical environment? We are witnessing a migration of refugees across Europe on a scale that has not been seen in 60 years. There are new dynamics in global conflict and terrorism that challenge our sense of security and social cohesion. There is a slowdown in the global economy, which resulted in more than US$2.3 trillion ($3.35 trillion) being wiped off the value of global stocks in the first week of 2016 – the worst start to any year in two decades. These ‘big picture’ issues may appear to be remote as universities across 16 Australia prepare to educate more than a million students and deliver $3.7 billion worth of research programs. However, higher education is a global enterprise. And security, safety and affordability loom large in decisions parents make across the world about where their children should study, in decisions talented academics make on where to work, and in decisions by industry and business partners about whether to engage in research and innovation and with whom to collaborate. Against this global backdrop, with a federal election also looming and higher education reform legislation still on ice, only the bravest soothsayer would make predictions – so here goes. What will 2016 deliver for our sector in terms of international engagement? Well there is some room for optimism that Australian universities have built a level of resilience that should enable them to withstand the global headwinds. In January, Times Higher Education published its ranking of the top 200 most international universities. A total of 24 Australian universities were in that top 200, placing Australia second only to the UK in this measure of international reach. The international position of our sector is supported in part by the performance of education as an export industry worth $18.8 billion in 2014–15. And as the dollar declines, our world-class universities represent even better value to international students. This nation has a reputation for safety and security and Australian universities value the cultural diversity that international students bring to their campuses. The desire for Australian students to study and build their careers overseas before returning here is often catalysed by a deep level of engagement with students from different cultures and parts of the world during their degree. The government’s new National Strategy for International Education, set to be an Australian first when it is published this year, will provide a helpful structure for continuing expansion of this engagement. On balance, we should be optimistic that we have built resilience, networks and a record of quality and security and are mature about the importance of reciprocity in our international relationships. These elements will underpin our aspirations to develop education partnerships and contribute to our region in shaping the future of higher education. One of the key ingredients in the development of any international research partnerships will always be the quality of our work, carried out by talented academics. The outcome of the most recent Excellence in Research for Australia