“Our enrolments and income in Session One have held up better than might have been expected,” Macquarie U VC S Bruce Dowton tells staff yesterday.

This is perilously close to optimism from the VC who, way before anybody was worried about Wuhan, warned, “the external circumstances in which we operate have changed significantly. Enrolment growth domestically and internationally has slowed significantly at a time when our base operating costs continue to rise,” (CMM November 4 2019).