Vice Chancellor Amit Chakma is expected to set out his efficiencies-creating, money-saving, plan
It’s the plan he told staff the university needed last month, when he warned of an underlying $70m structural deficit which requires reform (CMM September 28).
And that’s the optimistic number, the August meeting of Senate heard that all-up an additional $150m per annum “is required to address the structural deficit and future financial sustainability.”
The new savings are entirely separate to the deferred pay-rise staff accepted in June as part as COVID-9 savings package designed to save 230 positions from retrenchment (CMM June 30).
And Professor Chakma’s proposal will presumably differ to the last structural changes introduced by former VCs Paul Johnson and Dawn Freshwater (CMM March 16 2016). The VC is not mucking around – he started the job in July.