Footnotes

Chapter 1 - Report on inquiry processes and details of the bill

[1]        Explanatory Memorandum, p. 2.

[2]        Higher Education Endowment Fund Bill 2007, cl. 3.

[3]        Budget 2007-08; Hon. Julie Bishop MP, Media Release, 21 August 2007; Higher Education Endowment Fund Bill 2007, cl 13.

[4]        Higher Education Endowment Fund Bill 2007, cl. 17 & 23(3).

[5]        Higher Education Endowment Fund Bill 2007, cl. 24.

[6]        Higher Education Endowment Fund Bill 2007, cl. 50.

[7]        Higher Education Endowment Fund Bill 2007, sub-cll. 47(3) & (4).

Chapter 2 - Key issues

[1]        Second Reading Speech, Hon Julie Bishop MP, 16 August 2007, p. 3.

[2]        Federation of Australian Scientific and Technological Societies, Submission 6, p. 1.

[3]        Professor Richard Larkins, Universities Australia and Group of Eight, Committee Hansard, Melbourne, 31 August 2007, p. 4.

[4]        Hon Peter Costello MP, Budget Paper No. 2, 8 May 2007, p. 114.

[5]        Second Reading Speech, Hon Julie Bishop MP, 16 August 2007, pp 3-4.

[6]        Mr Bruce Gregor, Mercer Investment Consulting, Committee Hansard, Melbourne, 31 August 2007, p. 10.

[7]        Professor Richard Larkins, Universities Australia and Group of Eight, Committee Hansard, Melbourne, 31 August 2007, p. 4.

[8]        Explanatory Memorandum, p. 15.

[9]        Group of Eight, Submission 8, p. 1.

[10]      Matching funds was a common and fundamental concern for some submitters. The committee was told that, if part of the HEEF legislation, this would have major implications, including seriously disadvantaging new, small and/or regional institutions, and that there is little support for the proposal among higher education institutions: National Tertiary Education Industry Union, Submission 11, pp 4-5.

[11]      Group of Eight, Submission 3, pp 1-3. The highest investing nations in R&D are the United States ($410 billion), China ($170 billion) and Japan ($160 billion).

[12]      Group of Eight, Submission 8, p. 3. Also, Federation of Australian Scientific and Technological Societies, Submission 6, p. 1.

[13]      Professor Richard Larkins, Universities Australia and Group of Eight, Committee Hansard, Melbourne, 31 August 2007, p. 2.

[14]      Federation of Australian Scientific and Technological Societies, Submission 6, p. 1 and Productivity Commission, Public Support for Science and Innovation, Productivity Commission Research Report, 9 March 2007, p. 214.

[15]      DEST, Submission 9, p. 2.

[16]      Review of the Corporate Governance of Statutory Authorities and Office Holders, Commonwealth of Australia, 2003.

[17]      Review of the Corporate Governance of Statutory Authorities and Office Holders, Commonwealth of Australia, 2003, p. 5.

[18]      Hon Nick Minchin MP, Media Release, 12 August 2004 in which the government accepted the governance templates recommended in the Uhrig Report and advised that the selection of the appropriate template would depend on the degree to which the authority 'has been delegated full power to act'.

[19]      National Tertiary Education Industry Union, Submission 11, p. 3.

[20]      Australian Academy of the Humanities, Submission 7, p. 1.

[21]      Australian Academy of Science, Submission 4, p. 1. The committee notes clause 43 of the bill which requires board members to disclose a material personal interest in a matter being, or about to be, considered by the Advisory Board.

[22]      Australian Technology Network, Submission 10, p. 1.

[23]      Council of Deans of Nursing & Midwifery, Submission 5, p. 1.

[24]      Federation of Australian Scientific and Technological Societies, Submission 6, p. 2.

[25]      Second Reading Speech, Hon Julie Bishop MP, 16 August 2007, p. 3.

[26]      Federation of Australian Scientific and Technological Societies, Submission 6, p. 2.

[27]      Group of Eight, Submission 8, p. 3.

[28]      Universities Australia, Submission 1, p.1 and Australian Academy of Science, Submission 4, p. 1.

[29]      Hon Julie Bishop MP, Media Release, 8 May 2007.

[30]      Federation of Australian Scientific and Technological Societies, Submission 6, p. 3. Also, Australian Technology Network, Submission 10, p. 1 which strongly recommended that the HEEF is allocated on a strategic and targeted basis, where rationalisation and economies of scale are maximised.

[31]      Group of Eight, Submission 8, p. 3. Also, National Tertiary Education Industry Union, Submission 11, p. 4.

[32]      Federation of Australian Scientific and Technological Societies, Submission 6, p. 3.

[33]      The total ARV of buildings and associated infrastructure across all higher education institutions was estimated at $26.5 billion in 2006: Group of Eight, Submission 8, p. 4.

[34]      Professor Richard Larkins, Universities Australia and Group of Eight, Committee Hansard, Melbourne, 31 August 2007, pp 3 & 6.

[35]      In 2006 the Group of Eight universities dedicated approximately $291 million only (or less than three percent of their total ARV) to maintenance activities: Group of Eight, Submission 8, p. 4.

[36]      Group of Eight, Submission 8, p. 3. The committee notes that matching funds was briefly raised throughout the inquiry.

[37]      National Tertiary Education Industry Union, Submission 11, p. 3.

[38]      Federation of Australian Scientific and Technological Societies, Submission 6, p. 2.

[39]      Australian Academy of the Humanities, Submission 9, p. 1.

[40]      Council of Australian University Librarians, Submission 3, p. 1.

[41]      Council of Australian University Librarians, Submission 3, p. 2.

[42]      Council of Deans of Nursing & Midwifery, Submission 5, p. 1.

[43]      Australian Technology Network, Submission 10, p. 2.

[44]      Second Reading Speech, Hon. Julie Bishop MP, House Hansard, 16 August 2007, p. 3 and DEST, Submission 9, p. 1.

[45]      Innovative Research Universities Australia, Submission 2, p. 2.

[46]      Group of Eight, Submission 8, p. 3.

[47]      Federation of Australian Scientific and Technological Societies, Submission 6, p. 2.

[48]      National Tertiary Education Industry Union, Submission 11, p. 4.

[49]      Group of Eight, Submission 8, p. 5.

[50]      Universities Australia, Submission 1, p.1.

[51]      Second Reading Speech, Hon Julie Bishop MP, House Hansard, 16 August 2007, p. 5 and DEST, Submission 9, p. 3.

[52]      Second Reading Speech, Hon Julie Bishop MP, House Hansard, 16 August 2007, p. 4.

[53]      Mr Bruce Gregor, Mercer Investment Consulting, Committee Hansard, Melbourne, 31 August 2007, p. 10.

[54]      DEST, Submission 9, p. 3 and Higher Education Endowment Fund (Consequential Amendments) Bill 2007, Items 75, 76 and 77.

[55]      Professor Richard Larkins, Universities Australia and Group of Eight, Committee Hansard, Melbourne, 31 August 2007, pp 7-8. Also, Federation of Australian Scientific and Technological Societies, Submission 5, p. 4.

Opposition Senators' Report

[1] Group of Eight, Submission 8, p. 1.

[2] Group of Eight, Submission 8, p. 1.

[3] Group of Eight, Submission 8, p. 3.

[4] Federation of Australian Scientific and Technological Societies, Submission 6, p. 2.

[5] Federation of Australian Scientific and Technological Societies, Submission 6, p. 2.

[6] National Tertiary Education Industry Union, Submission 11, p. 3.

[7] DEST, Submission 10, p. 3.

[8] Mr Bruce Gregor,  Mercer Investment Consulting, Committee Hansard, Melbourne, 31 August 2007, p. 10.

[9] Federation of Australian Scientific and Technological Societies, Submission 11, p. 2.

[10] National Tertiary Education Industry Union, Submission 11, p. 3.