Wednesday, October 28, 2020
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Financial position improves for University of Canberra

Category: Capital Radio News

The University of Canberra has revealed it's in a better financial position than expected.

Vice-chancellor Professor Paddy Nixon says the original estimated shortfall of $32.9 million has been reduced to $11.9 million.

He says this is due to the earlier start date of semester one, which enabled more international students to arrive before travel restrictions came in, as well as staff efforts to reduce costs and leave liabilities.

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