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ARTICLE · 25 MAY 2009

Education Interests

Moore Australia
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The 2009-10 Federal Budget was released at 7.30pm, 12 May 2009. A summary of the relevant Budget details for the Education sector are set out below

AustraliaGovernment, Public Sector
Stephen O'Flynn
Stephen O'Flynn
Michael Van Schaik
Michael Van Schaik
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Education News of the Federal Budget 2009-10

The 2009-10 Federal Budget was released at 7.30pm, 12 May 2009. A summary of the relevant Budget details for the Education sector are set out below:

Investing in Education

  • This Budget invests $5.3 billion in tertiary education, research and innovation over six years.
  • $2.6 billion will be committed to the Education Investment Fund (EIF) for priority infrastructure projects in Australia's tertiary institutions and research agencies. Applications for round 3 of the EIF will commence later this year and successful projects will be announced in 2010.
  • A further $491 million will be invested over four years to uncap the number of university places from 2012, starting with increased places from next year, allowing an extra 50,000 students to commence university courses by 2013.

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