Queensland Gov announces loans to unis

There is $150m available to the state’s universities, “to support cash flow and protect jobs”

Any particular universities in mind? “Thousands of people right throughout regional Queensland rely on universities for a job. This package will help to keep all our universities open – safeguarding these jobs,” Premier Annastacia Palaszczuk says. Loans are repayable over five years.

There is no mention of any conditions, unlike in NSW where the state government will guarantee $750m in new loans taken out by universities subject to their showing, “how they intend to restructure their operations to make them more sustainable,” (CMM June 9).