The university has $44m from the Victorian Government for “a social innovation precinct” at the CBD North campus

“It’s a wonderful milestone for the future of a 20-year vision,” VC Martin Bean says.

The announcement must surely mark another milestone, the end of Professor Bean’s tenure. With Chancellor Ziggy Switkowski, Professor Bean announced his retirement in March (CMM March 2). He leaves next Friday.

The search for a successor is said to be “well-underway.” In the meantime, Dionne Higgins, RMIT’s COO will be interim VC.