The Council of Australian Postgraduate Associations has submitted its 2022-2023 Pre-Budget submission to Treasury – a copy of our submission can be found here.
Our submission takes a bold stance to highlight the challenges postgraduates have experienced for decades. We feel it accurately represents the resentment felt by our cohort and provides recommendations based on the most recent data available.
Our recommendations include:
“Australia boasted 30 years of continuous economic growth, and what do we have to show long-term? A soaring real estate market now at speculative and at unaffordable levels?” says CAPA National President Errol Phuah. “..and what would happen to that wealth if that property market crashes?”
We need a government that has the vision to properly invest in tangible assets; assets that will bring real wealth to the country through the good times and the bad. These investments include supporting people through higher education, R&D funding and infrastructure. This has formed the basis of our Pre-budget submission for 2022-2023.
CAPA looks forward to the upcoming budget announcement and, we hope our recommendations will be considered.
CAPA National President Errol Phuah
M: 0431 545 167
Download: 2022-2023 Pre-Budget Submission
Investments in research and the higher education sector have been declining over several years, and the consequences will be irreparable if left unaddressed. Furthermore, we are concerned Australia’s future innovators will be ill-prepared to contribute competitively in the post-covid environment.
We anticipate innovators of the future will be current and prospective postgraduate students. Thus, for the purpose of this submission, we identified the critical areas of a crisis affecting this demographic and concluded with the following recommendations: