Austrailian universities set free to compete on price

Stefanie Botelho's picture

Universities have for years thrived in an oligopoly and reforms to higher education will throw them into a robust market with incentives to compete on price for the first time, the head of the federal Education Department told Senate estimates last week.

Lisa Paul likened effect to that of international education where, under market pressure, universities offer pseudo-scholarships and other discounts such that many students do not pay “book price”.

Education Minister Christopher Pyne proposes to deregulate fees for domestic students, and open up federal teaching subsidies to private providers and sub-­bachelor courses.

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