Comments on: Turnbull & Mathews: Uni Melb Rent “morally unconscionable”

By: savevca1

savevca1 — Thu, 04 Mar 2010 12:30:19 +0000

Concerned Musician – yes it is highly concerning to SAVE VCA that even though the University inherited $103m of assets upon merger (now estimated closer to $230m), the University chooses to present VCA as financially crippled, being propped up by University subsidy. This review is reflected in many Discussion Paper submissions (including SAVE VCA’s) which call for a full financial audit of VCA pre-merger to present to reveal the financial truth.

By: concerned musician

concerned musician — Thu, 04 Mar 2010 11:23:43 +0000

So if I understand this correctly, the University of Melbourne effectively owes the VCA at least $230 million, if it wishes to use any of the associated buildings, and then rent them out back to VCA. It seems that the University has effectively stolen this prime real estate with a huge cover up….correct me if I’m wrong.

By: Mushroom

Mushroom — Tue, 02 Mar 2010 06:37:48 +0000

Excellent response. Thanks. http://savevca.org/wp-content/uploads/2010/03/10-03-02-Crikey.pdf

By: Mushroom

Mushroom — Sun, 28 Feb 2010 21:50:23 +0000

Tips and Rumours section of Crikey on 26 Feb had some uninformed comments about the submissions to the VCA review. I don’t think the writer realised that the submission date was set outside of semester (no students there), and that there is some risk associated with submitting under your real name. Perhaps someone from this forum could respond to the Crikey article.