Union says the average vice-chancellor gets paid almost double the prime minister, with salaries seemingly ‘plucked from thin air’

Hundreds of university executives are raking in more money than state premiers, a new report reveals, pointing to a “governance crisis” threatening the sector.

The report, released by the National Tertiary Education Union (NTEU) on Thursday and informed by hundreds of worker stories, found 306 senior executives were earning more than the premiers of their university’s state, at an average of half a dozen per institution.

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