Australian Universities Face $16 Billion Revenue Loss Because of CCP Virus

Australian Universities Face $16 Billion Revenue Loss Because of CCP Virus
Students walk around Sydney University on April 6, 2016. Brendon Thorne/Getty Images
Updated:
Australia’s universities could lose $16 billion in revenue between now and 2023 as a direct result of the CCP virus pandemic, according to the peak body for Australian universities.

According to Universities Australia (UA) revenue losses are expected to be between $3.1 billion and $4.8 billion for the rest of 2020 alone.

Victoria Kelly-Clark
Author
Victoria Kelly-Clark is an Australian based reporter who focuses on national politics and the geopolitical environment in the Asia-pacific region, the Middle East and Central Asia.
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