Money Magazine

Relishing a seat at the big table

Belinda Hutchinson assumed the role of University of Sydney chancellor as a labour of love. It’s an unpaid position which, right now, has evolved from around one-and-a-half days a week to nearly four as the university faces the dire effects of the pandemic, a reduced international student base, dealing with sweeping changes to government funding and fees, as well as the impending loss of vice-chancellor Michael Spence, who is set to take up a position in London early in 2021.

Losing international students has cost the university millions of dollars in revenue, and while many people believe the university to be well endowed, Hutchinson says the reality is that it is a public institution and most of the funds are allocated to support debt accrued by building on campus and providing for staff and students.

However, undaunted by the challenges, Hutchinson has just signed up for another four years in the role.

“I really feel I want to continue. We’ve done so much good work I don’t want to lose the momentum and we’ve got to get through

You’re reading a preview, subscribe to read more.

More from Money Magazine

Money Magazine1 min read
How A Family Stands To Benefit
Lisa is a childcare worker on the minimum wage and is planning to start a family with her husband, Peter, once the Commonwealth’s paid parental leave covers 26 weeks off work and pays 12% super on top. She has a super balance of $30,000 and is in a d
Money Magazine2 min read
Beware The Psychological Tricks That Lure Us Into Spending More
• Celebrity endorsements The more we respect or admire someone, the more likely it is that we will trust a product they endorse. Knowing they have been paid a tidy sum to do so makes no difference. If our favourite celebrities are using or consuming
Money Magazine3 min read
Investment Decisions: 7 Biases To Avoid
You could be the smartest person in the room but still be guilty of this. It means you are so confident in your ability to predict what the market is going to do – and that you will buy or sell at the right time – that it can get in the way of you ma

Related Books & Audiobooks