Sector Review: Government Support Speaks Strongly For Australian Universities' Credit Quality Feb 13
- ID: 2417604
- February 2013
- Region: Australia
- Standard & Poors
Life in the Australian university sector has not been staid. Several broad-ranging policy changes have swept across the industry; student fees were reintroduced in the 1980s and a two-tier tertiary education system was implemented. In addition, the government increasingly reviews the performance of universities through a corporate lens, as Commonwealth funding is linked to their ability to attract students and research. However, the corporatization trend has not diminished the importance of the universities in the government's higher education policy. Neither has the government loosened its strong links with the universities. Indeed, Standard & Poor's Ratings Services considers that rated universities have a "strong" link and at-least "important" role in government education policy. This assessment implies that there is at least...
Companies mentioned in this report are:
- University of Melbourne (The)
- La Trobe University
- Australian National University (The)
- Wollongong (University of)
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Research Type: Commentary
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