Journal of the Programme on Institutional Management in Higher Education Higher Education Management Organisation for Economic Co-operation and Development: The Opinions Expressed and Arguments Employed in This Publication Are the Responsibility

or distribution of any data or software is prohibited. You must treat the Program and associated materials and any elements thereof like any other copyrighted material. Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed: – to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus to contribute to the development of the world economy; – to contribute to sound economic expansion in Member as well as non-member countries in the process of economic development; and – to contribute to the expansion of world trade on a multilateral, non-discriminatory basis in accordance with international obligations. decided that the Programme would operate as an independent decentralised project and authorised the Secretary-General to administer it. Responsibility for its supervision was assigned to a Directing Group of representatives of governments and institutions participating in the Programme. Since 1972, the Council has periodically extended this arrangement; the latest renewal now expires on 31st December 2001. The main objectives of the Programme are as follows: – to promote, through research, training and information exchange, greater professionalism in the management of institutions of higher education; and – to facilitate a wider dissemination of practical management methods and approaches. Permission to reproduce a portion of this work for non-commercial purposes or classroom use should be obtained through the Centre français d’exploitation du droit de copie • A journal addressed to administrators and managers of institutions of higher education and researchers in the field of institutional management. • Covering the field of institutional management through articles and reports on research projects. • A source of information on activities and events organised by OECD’s Programme on Institutional Management in Higher Education. • Published under the title International Journal of Institutional Management in Higher Education between 1977 and 1988, it appears three times a year. • Issued in English and French editions. ABSTRACT Only 25 years ago, Australian higher education institutions were dependent on the government for 90% of their income, but the extent of this dependency has oscillated considerably over time. The most recently published university finance statistics (calendar year 1998) indicate that government contributions were less than 52%. This paper considers the history of higher education funding from