Even with a 10% pay cut the VC will be remunerated over $1,000,000 per year, even despite the university's poor financial performance.
Afaik the ANU VC earns about $650k (here). Not that this isn't probably 6-8x what most others in the university earn.
Pretty much agree with everything you say though. I'm about to graduate from ANU and I'm glad to be leaving tbh.
I would just add that, while the unis are managed poorly, the cuts to the sector by successive governments can't be excused.
Fair call. It would be nice if QLD had an upper house to hopefully block proposals like this.