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CELEBRATING 25 YEARS AS A UNIVERSITY PUBLIC AVAILABILITY 28 February 2018 CQUniversity’s Annual Report 2017 is available for download from the CQUniversity website, or by contacting CQUniversity by email The Honourable Grace Grace MP or telephone to request a hard copy. Minister for Education and Minister for Industrial Relations CQUniversity website: www.cqu.edu.au Department of Education Annual Report website: PO Box 15033 www.cqu.edu.au/about-us/structure/governance/annual-report CITY EAST QLD 4002 CONTACT OFFICER Dear Minister Mrs Joanne Perry Deputy Vice-Chancellor (Student Experience and Governance) I am pleased to submit for presentation to the Parliament the CQUniversity Australia Bruce Highway Annual Report 2017 and financial statements for Central Queensland Rockhampton Qld 4702 University. I certify that this annual report complies with: Australia Email: [email protected] » the prescribed requirements of the Financial Accountability Act 2009 Telephone: +61 7 4923 2856 and the Financial and Performance Management Standard 2009, and ISSN 1839-2636 » the detailed requirements set out in the Annual report requirements for Queensland Government agencies. INTERPRETER A checklist outlining the annual reporting requirements can be found at CQUniversity is committed to providing accessible services to people from culturally and linguistically pages 136 and 137 of this annual report. diverse backgrounds. If you have difficulty in understanding the Annual Report, contact CQUniversity Yours sincerely on +61 7 4930 9777 and arrangements will be made for an interpreter to effectively communicate the report to you. Mr John Abbott COPYRIGHT Chancellor © Central Queensland University 2018 OBJECTIVES OF CQUNIVERSITY'S ANNUAL REPORT This report describes the University’s performance, achievements, outlook and financial position for the calendar year 2017. The report CONTENTS is also of interest to Members of Parliament, CQUniversity staff, students, prospective students, key stakeholders, other universities, researchers and other members of the community. From the Chancellor ���������������������� 1 CQUniversity contributes to the Queensland Government’s objectives for the community through academic excellence, skills About CQUniversity ���������������������� 2 training, career pathways/development, community relationships, fiscal responsibility and new infrastructure. At a Glance ����������������������������� 3 OPEN DATA Vice-Chancellor and President’s Report ����� 4 Open data information on CQUniversity’s consultancies and overseas travel (staff and student) is accessible from the Queensland Highlights ������������������������������� 5 Government Open Data website https://data.qld.gov.au/ or CQUniversity’s Annual Report website: www.cqu.edu.au/about-us/ Organisational Structure ������������������ 6 structure/governance/annual-report. Governance �����������������������������17 ACKNOWLEDGEMENT CQUniversity recognises that its campuses are situated on Country Workforce People and Culture �������������30 for which Aboriginal people have been custodians for many centuries. In acknowledging this, the University pays its respects Strategic Intent and Values ����������������33 to the Elders, past, present and future, for they hold the memories, the traditions, the cultures and hopes of Indigenous Australia. Strategic Plan 2016�2021 �����������������34 Performance Review ���������������������36 CONNECT Financial Performance ��������������������66 @CQUniversityAustralia /CQUni Statistics �������������������������������68 @CQUni cqunilife.com Financial Statements ���������������������71 /company/CQUniversity /CQUniversity Glossary �������������������������������135 @CQUniversity vc-cquniversity Compliance Checklist��������������������136 CRICOS: 00219C | RTO: 40939 FROM THE CHANCELLOR On behalf of the Central Queensland University Council, I am pleased to present the 2017 Annual Report for CQUniversity. This year, in my second year as Chancellor, I was proud to celebrate the University’s 25th anniversary. It was an exciting opportunity to reflect on CQUniversity’s positive contribution to the Central Queensland region over this time, and to the nation, now that we are the only university with a campus presence in every mainland state of Australia. Sustainable regional development is critical for the region and I firmly believe CQUniversity sets the standard for regional advancement and collaboration with community and industry to bring about beneficial economic and social outcomes. This is extremely important and something that everyone connected to CQUniversity should be very proud of. In a rapidly changing world, all universities play a critical role in addressing future challenges and leveraging opportunities as they arise. Over the past 25 years CQUniversity has done just that and will continue to do so over the next 25. That is why CQUniversity is recognised as one of world’s best ‘young universities’. This year, CQUniversity continued on its successful path of growth with increased student numbers, new courses, and continued investment in campus infrastructure and people. CQUniversity’s reputation continued to grow, along with its strong engagement, social innovation and research agendas, further strengthening its position as Australia’s most inclusive university. CQUniversity finished 2017 in a strong financial position, achieved through good financial management and implementing proven business efficiencies. While always aiming to achieve strong financial results, CQUniversity also remains committed to reinvesting surpluses into the communities it serves rather than reporting exceptionally high year-end results. This commitment has contributed to the University’s success and will continue to define it as a university that not only engages with its communities, but also one that creates opportunities and supports regional development. The vocational education and training market remains a challenge for the University; however, we are committed to providing high-quality vocational education and training to Central Queensland, and in the past year we have begun to see positive signs in VET course delivery and student recruitment. FROM THE CHANCELLOR With Council’s commitment and support, and the talent, drive and enthusiasm of the Vice-Chancellor and President and all CQUniversity staff, the University is assured to continue its amazing journey. I very much look forward to witnessing where CQUniversity is in another 25 years! Mr John Abbott Chancellor CQUNIVERSITY AUSTRALIA 2017 ANNUAL REPORT | 1 ABOUT CQUNIVERSITY WHO WE ARE AND WHAT WE DO CQUniversity is proud to be recognised as Australia’s most inclusive university with the highest ratio CQUniversity Australia began its journey 50 years ago of students from disadvantaged, mature age, in 1967 as the Queensland Institute of Technology Aboriginal and Torres Strait Islander, and first-in-family (QIT) Capricornia based in Rockhampton. It has since backgrounds. Graduates from CQUniversity achieve emerged as one of Australia’s truly great universities some of the best employment outcomes, with recent with campuses or study centres in 24 locations across Graduate Careers Australia data showing 80.6 per five mainland states. In recent years, CQUniversity has cent of domestic undergraduate students find full-time achieved remarkable growth in student numbers, new employment within three months of graduation, over courses, new campuses, infrastructure and reputation. 10 per cent higher than the national average at 69.5 Since becoming a university in 1992, initially as the per cent. Data from the Quality Indicators for Learning University of Central Queensland, CQUniversity has and Teaching website also shows that CQUniversity become a comprehensive dual sector institution outperforms most Australian universities delivering offering vocational and higher education to over 30 000 study support, graduate employment and graduate students. CQUniversity’s merger with CQ TAFE in 2014 salary outcomes. brought together more than 175 years of combined CQUniversity is strongly focussed on social innovation experience in delivering education and training, firmly and global outreach, and fosters key partnerships with establishing CQUniversity as one of the largest communities, industry and government in Australia and universities based in regional Australia. The University overseas. Its commitment to engagement and social now has campuses in Adelaide, Brisbane, Bundaberg, advancement led CQUniversity to become Australia’s Cairns, Emerald, Gladstone, Mackay, Melbourne, first and only Ashoka U-recognised changemaker Noosa, Perth, Rockhampton, Sydney and Townsville. campus, part of a global social innovation network. CQUniversity also operates study centres in Biloela, Broome, Busselton, Charters Towers, Karratha and Yeppoon, and delivers courses in Cooma and CELEBRATING 25 YEARS AS A Geraldton in partnership with the university centres in UNIVERSITY those communities. The year 2017 marked 25 years since CQUniversity was granted full university status by the Queensland CQUniversity delivers over 300 education and Government. Although a ‘young university’, training offerings, from short courses and certificates, CQUniversity has a distinguished history back to through to undergraduate, postgraduate and research 1889 when a subcommittee was first convened degrees. Study areas include apprenticeships, trades to establish a technical college in Rockhampton. A and training; business, accounting and law; creative,