Australia cautioned against breaking its university funding system

IT WAS Budget night 2014 and Professor Bruce Chapman, the man credited with inventing HECS, went to the lock-up fully expecting it to be a “bit of a bore”.
“When we heard the announcement about the planned policy reforms, I don’t know what the sound of what one hand clapping is, but I do know what the sound of three jaws dropping was,” Prof Chapman recalled. Read more...