Audited financial statements show that the ANU made a ‘profit’ of $90 million in 2024 and $136 million in 2023.

Despite such strong financial results, ANU leadership justifies cuts to staffing and courses by pointing to ‘underlying operating deficits’.

The underlying deficit changes the audited result in ways that cannot be justified.

They appear designed to present a ‘crisis’ that is contradicted by the audited financial statements.