Published: April 13, 2020
Australia’s third-biggest export industry warns that without robust federal relief, its seismic financial woes will ricochet through other parts of the economy
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Australia’s university sector says it faces economic catastrophe and massive job losses unless it receives more help from the government during the coronavirus crisis.
It is begging the federal government to immediately extend interest-free loans, as institutions – large and small – devise plans to slash hundreds of millions of dollars from their 2020 budgets in anticipation that foreign student income will dry up in the second semester.
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