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Julie Bishop Media release re University Finances

January 28th, 2007 · No Comments
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The latest report (2005) on university finances show they are in a strong financial position.

From 2004 to 2005:

- total revenue increased by 8.1% to $13.9 billion

- operating result increased by 36.6% to $838 million

- total federal government funding increased by 9.3% to $7.8 billion

- net assets increased by 7% to $25.7 billion

- cash and investments grew by 17.8% to $7 billion

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