CDU and Darwin city confirm a $250m loan to build a new campus
The long-announced project is based on funding from two federal programmes for a CBD campus and library plus a civic centre.
According to VC Simon Maddocks, “with modern, competitive infrastructure” in the city the university will grow international student numbers, by 500 to 2500 in 2024 and to 5000 in 2028
The university’s hope for growth is understandable. It was in deficit last year, $21m on $258m in revenue and relied on $58 in Northern Territory Government funding for the VET division. (CMM August 20).