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University of Canberra the rich kid on the block?

By martin75 19 July 2014 23

Is it just me or do others get the impression UC is the rich kid on the block?

For example this week was one of the few weeks they didn’t buy a Canberra sporting team but instead they opened a $16 million sports field. I’m sure next week we will read about their new UC Canberra Hospital.

Why how do they have so much money, especially when their competitors ANU and CIT are telling the world how poor they are?

What’s Your opinion?


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23 Responses to
University of Canberra the rich kid on the block?
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dungfungus 6:14 pm 23 Jul 14

chewy14 said :

dungfungus said :

watto23 said :

dungfungus said :

milkman said :

watto23 said :

Easy, full fee paying international students. Its a big industry in Australia and helps pay for the education of Australians.

Makes a lot of sense I reckon. Charge the international students more and use it to subsidise the locals.

Although education is Canberra’s biggest industry, it is GST exempt.
If the coming review on GST removes all current GST exemptions, that means resident Australian students will pay GST on top of their fees but foreign students will still be exempt because the product/service is an export.

Not necessarily. Its a what if scenario and nothing has changed right now.
Also Australia has to compete to get these students here, and its a heaps cheaper place to study than huge debt in say the USA.

I was referring to the GST. It’s not a “what if” either. Exports are GST free.
If, under deregulation, student fees for all students (resident and foreign) are the same price then under existing rules, the foreigners will be at an advantage.
I think we all agreed on a previous thread that Australia was definitely the cheapest place to study. I don’t think foreign students in the USA would qualify for student loans either. They certainly aren’t allowed to get HELP funding in Australia.

I don’t think you are correct. The service is provided in Australia and would be subject to GST regardless of the fact that the students are from overseas.

https://www.ato.gov.au/Business/GST/When-to-charge-GST-(and-when-not-to)/GST-free-sales/Exports/

You have a good point and that link to the ATO says among other things:
“A school in Australia provides tuition to overseas students in Australia. However, it bills the overseas parents of the students directly. As the supply is being made to students in Australia the supply is not GST-free.”
I checked the GST policy of several Australia tertiary institutions and they have applied to the ATO and obtained exemption for the payment of GST subject to very strict conditions.
I think a complete review of the GST is required. There should be no exemptions on anything full stop.
GST exemptions for foreign students

chewy14 4:00 pm 22 Jul 14

dungfungus said :

watto23 said :

dungfungus said :

milkman said :

watto23 said :

Easy, full fee paying international students. Its a big industry in Australia and helps pay for the education of Australians.

Makes a lot of sense I reckon. Charge the international students more and use it to subsidise the locals.

Although education is Canberra’s biggest industry, it is GST exempt.
If the coming review on GST removes all current GST exemptions, that means resident Australian students will pay GST on top of their fees but foreign students will still be exempt because the product/service is an export.

Not necessarily. Its a what if scenario and nothing has changed right now.
Also Australia has to compete to get these students here, and its a heaps cheaper place to study than huge debt in say the USA.

I was referring to the GST. It’s not a “what if” either. Exports are GST free.
If, under deregulation, student fees for all students (resident and foreign) are the same price then under existing rules, the foreigners will be at an advantage.
I think we all agreed on a previous thread that Australia was definitely the cheapest place to study. I don’t think foreign students in the USA would qualify for student loans either. They certainly aren’t allowed to get HELP funding in Australia.

I don’t think you are correct. The service is provided in Australia and would be subject to GST regardless of the fact that the students are from overseas.

https://www.ato.gov.au/Business/GST/When-to-charge-GST-(and-when-not-to)/GST-free-sales/Exports/

dungfungus 12:44 pm 22 Jul 14

watto23 said :

dungfungus said :

milkman said :

watto23 said :

Easy, full fee paying international students. Its a big industry in Australia and helps pay for the education of Australians.

Makes a lot of sense I reckon. Charge the international students more and use it to subsidise the locals.

Although education is Canberra’s biggest industry, it is GST exempt.
If the coming review on GST removes all current GST exemptions, that means resident Australian students will pay GST on top of their fees but foreign students will still be exempt because the product/service is an export.

Not necessarily. Its a what if scenario and nothing has changed right now.
Also Australia has to compete to get these students here, and its a heaps cheaper place to study than huge debt in say the USA.

I was referring to the GST. It’s not a “what if” either. Exports are GST free.
If, under deregulation, student fees for all students (resident and foreign) are the same price then under existing rules, the foreigners will be at an advantage.
I think we all agreed on a previous thread that Australia was definitely the cheapest place to study. I don’t think foreign students in the USA would qualify for student loans either. They certainly aren’t allowed to get HELP funding in Australia.

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