Australian Universities - a Smart Investment
The Deloitte Access Economics report shows university education and research play a key role in
-
Economic prosperity
-
Productivity growth
-
Boosting living standards
Here’s how universities make a difference to the economy
10% of GDP in 2014 was attributed to the impact of university research
$160 billion was generated by knowledge and technology from university research in 2014
Every $1 invested in university research produces a $5-$10 return to the economy
$140 billion is what all university qualified workers in the economy added to GDP in 2014
Australian Universities
-
Create Jobs
-
Lead Innovation
-
Generate vital research
-
Increase economic growth
UNSW Australia’s contribution
$1.76 billion was contributed to the Australian economy in 2014 through UNSW’s operations, and student and visitor spending
11,700 full-time jobs created by UNSW operations, and student and visitor spending in 2014
$15b added to GDP in 2014 from the impact of UNSW research on knowledge and technology
$204m added to GDP in each year from the UNSW graduating class of 2013 (undergraduate students)
Get Involved
Australian universities are a smart investment, from the research we perform through to the economic activity generated, the numbers speak for themselves.
But a dramatic transformation lies ahead, to fund the innovation, industries and jobs to compete in the coming ‘knowledge economy’ Australia must invest heavily in the smarts and skills of our people.
You can be an ambassador for this change, to find out more and to sign the petition