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Fact one: Labor's Bob McMullan says "I regard Treasury and Finance as ethical operations". Fact two: Department of Finance says Labor has massively underfunded its higher education promises.



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DR BRENDAN NELSON Australian Government Minister for Education, Science and Training

Media Release

FACT ONE: LABOR’S BOB McMULLAN SAYS “I REGARD TREASURY AND FINANCE AS ETHICAL OPERATIONS”

FACT TWO: DEPARTMENT OF FINANCE SAYS LABOR HAS MASSIVELY UNDERFUNDED ITS HIGHER EDUCATION PROMISES

27 January 2004 MIN 593/04

Labor’s Finance spokesperson Bob McMullan has today effectively demolished his Party’s higher education promises. A detailed analysis, by the Commonwealth Department of Finance and Administration (DOFA), of Labor’s promise to reduce HECS fees for maths and science students has revealed an under-funding of $218.9 million.

Labor has allocated just $43.6 million to fund a policy that DOFA has costed at $262.5 million. Presumably Labor’s plan, if ever elected, will be for the Universities themselves to fund Labor’s $218.9 million shortfall.

The cost to each University is shown in this table:

The estimated indicative cost to institutions over three years of making up the shortfall is indicated in the following table.

INSTITUTION

FUNDING LOST

INSTITUTION

FUNDING LOST

Charles Sturt University $5,493,317 Curtin University of Technology $7,142,542

Macquarie University $5,953,117 Edith Cowan University $2,742,451

Southern Cross University $2,158,245 Murdoch University $4,288,244

University of New England $3,247,149 University of Western Australia $8,280,963

University of New South Wales $10,764,533 University of Notre Dame Australia $18,863

University of Newcastle $5,934,362 WA TOTAL $22,473,063

University of Sydney $14,355,532 University of Tasmania $3,789,778

University of Technology Sydney $7,025,782 Australian Maritime College $250,328

University of Western Sydney $6,949,827 TAS TOTAL $4,040,106

University of Wollongong $4,945,546 Northern Territory University $974,540

Avondale College $66,395

Batchelor Institute of Indigenous Tertiary Education $73,001

NSW TOTAL $66,893,805 NT TOTAL $1,047,541

Deakin University $6,752,284 Australian National University $3,847,348

La Trobe University $8,518,092 University of Canberra $1,989,675

Monash University $13,823,542

ACT TOTAL

$5,837,023

RMIT $7,331,665 Central Queensland University $2,593,298

Swinburne University of Technology $2,096,931

Griffith University $8,821,699

University of Ballarat $1,128,155 James Cook University $4,821,241

University of Melbourne $13,571,532

Queensland University of Technology $8,690,346

Victoria University of Technology $4,684,719 University of Queensland $13,771,588

VIC TOTAL $57,906,920 University of Southern Queensland $2,517,519

Flinders University of South Australia $4,793,014

University of the Sunshine Coast $1,780,477

University of Adelaide $7,437,372 QLD TOTAL $42,996,168

University of South Australia $5,048,215 Australian Catholic University $1,526,733

SA TOTAL $17,278,601

Today Bob McMullan has finally acknowledged DOFA’s objectivity when he told ABC Radio:

“I regard [the departments of] Treasury and Finance as ethical operations”. 27 January 2004, The World Today, ABC Radio

The only ‘ethical’ act left for Labor is to explain just who will fill its higher education funding black hole.

Media Contact: Dr Nelson’s Office: Ross Hampton 0419 484 095