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Legislative Council - Fifty-Fourth Parliament, Second Session (54-2)
2021-05-13 Daily Xml
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The Hon. R.A. SIMMS (15:02): If the balance sheets of these universities are so spectacular, could the Treasurer shed any light on why our South Australian universities might be laying off staff?

The PRESIDENT: I just remind the Hon. Mr Simms that the supplementary needs to refer to the original answer, and I don't think the balance sheet reference was in the original answer, but I will ask the Treasurer to respond.

The Hon. R.I. LUCAS (Treasurer) (15:03): I am happy to have another conversation, which is consistent with the standing orders, with the honourable member after question time, but the reality is that universities have to make decisions and some of them may well be related to COVID. In many respects they may not be related to COVID, but whatever decisions the universities have taken, they are significantly less than they were contemplating through the worst of the COVID-19 pandemic last year. Running universities, big institutions, there are always challenges in relation to how they manage their budgets. However, they are in a relatively very healthy position given the strength of their balance sheets.

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