Australian National University finance chiefs have confessed to overestimating the size of the projected budget deficit for 2024 by $60 million, renewing staff concerns that the university’s dire financial position has been “catastrophised” to justify a planned restructure and cost-cutting regime.
In town hall meetings last week, staff were told the projected $200 million deficit for 2024 had been revised down to $140 million.
Loading...
Julie Hare is the Education editor. She has more than 20 years’ experience as a writer, journalist and editor. Connect with Julie on Twitter. Email Julie at julie.hare@afr.com
