Six Go8 universities have again been placed in the top 100 universities by the most prestigious annual global rankings – the Academic Ranking of World Universities.
“It is a ranking much welcomed, and deserved,” says Vicki Thomson Go8 Chief Executive. “As it is founded in our research capability, it provides global ballast to this week’s independent London Economics report on Go8 universities that has our collective research returning $24.5 billion each year to the Australian economy; $1000 for every Australian.
“The London Economics report also set out that every one dollar of public money invested in our research generates a roughly 10 fold return for the Australian economy.
“The six Go8 universities in the top 100 of the Academic Ranking of World Universities, again led by the University of Melbourne at 38 in the world and with the University of Queensland second at 55, are behind our research capability which has 99 per cent of our research rated as world class or above,” said Ms Thomson.
“These rankings are far more than being rated against other universities in the world, they are an illustration to the community of the effort put into research by the Go8, against continual cuts to funding by Government, and the success these universities derive from that research, through hard work, against all odds,” she said.
“The issue for the Go8 and for Australia is that everything has a tipping point,” said Ms Thomson. “Australia is investing less in research than previously, and far less than our competitor nations. Yet in Australia it is universities who are tasked with the majority of the nation’s research, again unlike our competitor nations. Damage the Go8, damage the nation, damage our capacity to deliver for the new economy.”
Ms Thomson said the success of the six top 100 Go8 members, announced today, should be read in that context.
“While all eight members of the Go8 in the rankings’ top 150 confirms the findings of the London Economics report, we cannot take these results for granted. Australia must see universities as an investment – not a cost – and the Go8 is committed to making this case. If we don’t, then we risk undermining the economic impact of
our world class university sector including the $66.4 billion of annual economic impact delivered by the Go8.”
Media contact: Vicki Thomson Go8 Chief Executive on +61 417 808 472