David Leyonhjelm has a spread in Penthouse Mag

Former Senator from NSW, David Leyonhjelm has a spread in Penthouse magazine.  No.  Not picture.  Words.

As is usual for Leyonhjelm, he makes a compelling case; this time about the coming mess in the Australian University sector:

Why Australian Universities Don’t Deserve Sympathy

If TAFKAS may add, what we are seeing now and will be seeing much more of soon is a direct consequence of stupid and misguided government policy.  And like most stupid and misguided government policy, those paying the price won’t be the ones causing the mess.

The lack of understanding of the difference between invention and innovation and worse what is actually invention.

If these “institutions” were private enterprises, their Boards and Senior management would be under the spotlight.  We are talking about multi billion dollar organisations.

Can anyone name the CEO (Vice Chancellor) of 6 of the G8?  How about 2 of the 8?  How about the Chairman (Chancellor).

Have a look at the people populating the boards of these institutions and you will see the usual mediocrats whose claim to fame is not achievement but successful rent seeking.  TAFKAS suggests that punters start with the Chancellor of his alma-mater UNSW.

There will be no accountability for the mess makers but the high paid low quality managers will ride off into the sunset with their generous packages.

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19 Responses to David Leyonhjelm has a spread in Penthouse Mag

  1. C.L.

    You bought the edition for the article, of course. 🙂

  2. Pyrmonter

    The paradox is that, as most institutions have become ostensibly more accountable, in the wake of the morass of governance imposed by the ’68ers, most of the University Councils / Senates are accountable to no-one but themselves. The experience at Adelaide recently was telling: a V-C with issues, but a Council that wasn’t much better: https://icac.sa.gov.au/sites/default/files/public/ICAC_Statement_About_an_Investigation-University_of_Adelaide.pdf

  3. feelthebern

    But David can rest well at night considering when he was in a position of power, he used that to at least tweak government policy towards these institutions.

  4. John snowy Bowyer

    I honestly think with this and the upcoming financial armageddon we need to “Reassess” all public pensions as Keating did with the general public. It can be a ceiling, an initial rate decreasing each year by 5% or an assets test. Obviously no one can get any pension until they reach the nominated national pension age. This would really address this enormous rort that we have never been able to afford. What a delicious revenge on the bureaucrats and pollies who have tortured us so much over the years.

  5. Bruce of Newcastle

    Universities are now worse than sleazy adult magazines.

  6. Herodotus

    I used to pick up Penthouse from time to time for the pictures, but it’s beyond fantasy to expect me to pay for it for the articles. Not even for a Cat contributor.

  7. You can get a useful degree (IT) from a TAFE.

    Go to university, get indoctrinated, get told you’re an abuser of women, etc.

    Hmmmmmmmmmmm…..

  8. Nicholas (Unlicensed Joker) Gray

    This is the age of the Internet, and home schooling! Who will come up with the first University of the Air? Do we really need a building for a University?

  9. H B Bear

    VCs made (make) the classical mistake of thinking their success was due to their efforts and genius rather than just dumb luck. Now they will have to work for those seven figure salaries.

  10. feelthebern

    With reference to my previous comment.

  11. H B Bear

    Or,like Emma Alberscreechi, just bank their redundancies, laugh and think it was a hell of a free ride.

  12. Boambee John

    Legalise Sedition
    #3594150, posted on September 22, 2020 at 6:30 pm
    You can get a useful degree (IT) from a TAFE.

    Also in that fringe branch of accounting where they are taught how to keep track of the money.

  13. Crossie

    It used to be that the top flight unis were getting most of the international students while the regionals had to make do with domestic students who pay less. Theoretically, unis that were less exposed to international students would now be better off but not so fast. Sydney Uni and their peers will now poach domestic students from the regionals to stave off disaster and inflicting it on the universities that did not cause this mess. Not fair at all.

    International students were only a small component of universities’ enrolment as recently as fifteen years ago. No new universities came into existence since then meaning that all of them existed before and prospered. The institution that currently employs me has fewer staff now than fifteen years ago so if we go back to mostly educating the domestic students that should cover the costs, shouldn’t it? What am I missing?

  14. Entropy

    It will be more the likes of Griffith and UNSW Cassie. City second tier unis geared almost completely towards International student fee farming, with massive edifice construction underway.

  15. NoFixedAddress

    If these “institutions” were private enterprises, their Boards and Senior management would be under the spotlight. We are talking about multi billion dollar organisations.

    TAFKAS

    What’s the difference to “private enterprise”?

    They are all strained through the same sieve.

  16. billie

    where are the proceeds of all the research we’re forever being told about?

    surely the taxpayer could expect all that research they have funded would produce enough income to run the universities?

    is there no value coming from Australian research in universities?

    pfft .. the greatest skill at universities seems to be grant harvesting and mooching, but I repeat myself

  17. Boambee John

    billie

    surely the taxpayer could expect all that research they have funded would produce enough income to run the universities?

    Ditto for the CSIRO. If their research is a good as they claim, they should be net contributors of revenue to the budget.

  18. Rohan

    Boambee John
    #3594683, posted on September 23, 2020 at 11:05 am

    Ditto for the CSIRO. If their research is a good as they claim, they should be net contributors of revenue to the budget.

    But it’s not. Because the don’t know how business or markets work. I work for a company that was only one of two startups ever to originate from CSIRO. 10 or so years back, the CSIRO approached us with a proposal to manufacture a product they developed. They wouldn’t tell us how they make it, what equipment was required, the who/how/why/where/when/size/scope of the market etc. For us shouldering 100% of the risk, sight unseen, and their refusal to enter into an NDA so we could evaluate the proposal in detail, they wanted 20% of sales.

    We declined. They were perplexed and a little miffed.

  19. 2dogs

    You can get a useful degree (IT) from a TAFE.

    Go to university, get indoctrinated, get told you’re an abuser of women, etc.

    Hmmmmmmmmmmm…..

    Given the degree of overlap in subject matter, I can’t see why we continue to have demographic data sets for education level that rank universities above TAFEs.

    A tradie with a certificate IV is clearly better educated than someone with only an undergraduate diploma. But the diploma holder gets ranked as better educated.

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