Wendi Deng

When Julia Gillard talks about "under-investment" in our nation's universities, is she talking about private investment or government support? Sounds like the latter, fortunately:

Ms Gillard said a focus of the review would be the rising overhead costs facing universities in a climate of reduced government spending.

She said between 1995 and 2004, the world's leading OECD (Organisation for Economic Co-operation and Development) countries increased their public funding of tertiary education by an average of 49 per cent, while Australia decreased its own by four per cent.

But I thought the skills crisis was a myth?