SCU Vice Chancellor Peter Lee
SCU Vice Chancellor Peter Lee

Report finds university ‘crucial’ to North Coast economies

A REPORT by the Regional Universities Network (RUN) has found the Southern Cross University contributes a total of $506.8 million to the Lismore, Coffs Harbour and Gold Coast and Tweed Heads economies and provides 2365 full-time jobs.

In Lismore, the university contributes $220.8 million in gross regional product; $135.1 million in household income; and 1652 jobs. This represents 13.1% of household income and 10.6% of employment.

The report found the total value of regional universities was $3 billion ($2.1 billion in gross domestic product; $1.2 billion in household income) and they provided more than 14,000 jobs.

SCU Vice Chancellor Professor Peter Lee said it was crucial that government understood the importance of regional universities.


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