Universities in Australia slash staff and courses as foreign student curbs hit
The cap on the intake of international students hurts the profitability of Australian universities.
– Australian universities have slashed entire courses and let go of staff – particularly in the humanities – to stay afloat as they grapple with rising wages as well as a cap on the intake of international students, which hurts profitability.
One of Australia's leading universities, the Australian National University, has cut more than 200 positions through redundancies and voluntary departures as it seeks to find savings of A$250 million (S$208.66 million) by 2026.
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