Tendertrace Insights -FY2021-2024 | Grants and Contracts: Government Spend in the Tertiary Education

Government Spend in the Tertiary Education (FY21-FY24)

Explore pivotal trends in government spending within the tertiary education sector from FY21 to FY24 with our comprehensive report, “Grants and Contracts: Government Spend in Tertiary Education.” Uncover the strategic allocation of funds across various universities and educational institutions, uncovering which areas have seen an increase or decrease in funding. 

Highlights:

  • The Federal Government remains the largest funder, contributing over 80% of total spend, while states like Queensland, Victoria, and New South Wales receive significantly lower shares.
  • Key spending areas include Education & Training Services ($774.1M), Research Programs ($311.1M), and Military Science & Research ($161.5M).
  • Grants have primarily supported Humanities, Medical Research, and STEM, while contracts are concentrated in Defence, Health, and Agriculture.

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