Universities get a $750 million lifeline

July 15, 2020, 11:56:07 AM

Universities get a $750 million lifeline

Image of Students at university

NSW G: Up to $750 million in commercial loans will help universities recover from the impact of COVID-19 and become more sustainable.

The NSW Government's Loan Guarantee scheme will bridge the gap between the Australian Government’s Higher Education Relief Package and what NSW universities need to recover from the impact of COVID-19.

Universities play a key role in strengthening the economy, supporting jobs and delivering skilled graduates, research and innovation.

Public universities in NSW directly employ more than 15,200 academic staff and 18,700 professional staff.

About 30% of Australia’s international university students attend one of the 10 public universities.

There was a significant decrease in international student enrolments in Semester 1 due to international travel restrictions. Enrolment numbers will continue to decline in Semester 2.

Treasurer Dominic Perrottet said the NSW Government is working with the sector on building a more sustainable international student market.

“We want to help universities identify new partnerships that create jobs and stimulate economic growth, and collaborate in research priorities through the Waratah Research Network.”

The NSW Government's $750 million Loan Guarantee scheme builds on the:
1. Package for medical research and vaccine trials to help develop a cure for COVID-19 ($25 million)
2. COVID research translation fund ($11 million)
3. Package providing temporary crisis accommodation for stranded international students ( $20 million)
4. Extension of payroll tax deferrals to universities ($100 million).

Amazon Shopping, UPI, Money Transfer, Bill Payment

Amazon Shopping, UPI, Money Transfer, Bill Payment

Flipkart Online Shopping App

Flipkart Online Shopping App

Germany's new anti-discrimination strategy for LGBTI

March 11, 2021, 12:20:39 PM

Germany's new anti-discrimination strategy for LGBTI

Rep. image

Berlin: A new strategy that addresses the needs of lesbian, gay, bisexual, transgender and intersex persons (LGBTI) in its foreign policy and development cooperation. The draft strategy has been approved by the Cabinet.

Germany, LGBTI

Myanmar's ambassador to the UK calls for the release of Aung San Suu Kyi and President U Win Myint

March 10, 2021, 6:16:10 AM

Myanmar's ambassador to the UK calls for the release of Aung San Suu Kyi and President U Win Myint

Rep. image of protesters

London: Foreign Secretary, Dominic Raab responded to Myanmar ambassador to the UK Kyaw Zwar Minn's 8 March statement, which called for Aung San Suu Kyi and Myanmar's President to be released.

UK, Foreign Secretary Dominic Raab

UK's statement on violence against children at the UN Human Rights Council 46

March 10, 2021, 6:08:51 AM

UK's statement on violence against children at the UN Human Rights Council 46

Rep. image

London: The UK's International Human Rights Ambassador delivered this statement during the Interactive Dialogue with the Special Representative Secretary-General on the Violence against Children.

UK, UN, Human Rights, G7

President Joe Biden statement on the House Taking Up the PRO Act

March 9, 2021, 5:11:09 PM

President Joe Biden statement on the House Taking Up the PRO Act

Rep. image, U.S. Flag

Washington D.C.: President Biden strongly encourage the House to pass the Protecting the Right to Organize (PRO) Act of 2021, which would dramatically enhance the power of workers to organize and collectively bargain for better wages, benefits, and working conditions.

US President, Joe Biden, America

President Joseph R. Biden, Jr. statement on First-Ever Papal Visit to Iraq

March 9, 2021, 12:37:45 PM

President Joseph R. Biden, Jr. statement on First-Ever Papal Visit to Iraq

Rep. image

Washington D.C.: Iraq is a country steeped in religious and ethnic diversity. It’s also home to one of the oldest and most diverse Christian communities in the world.

US President, Joe Biden, America