$40m loss at Uni Wollongong, it could have been worse

The university’s reported loss follows the expected $90m drop in 2020 revenue (CMM May 27)

The shortfall was reduced by staff cuts and academic and admin restructures (CMM May 28 and November 10).

But the pain is not over. While domestic student demand is up, management expects “far fewer enrolments and income” from international students this year than in 2020 and similar income reductions to last year are expected in 2020 and ’21.


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