Higher Education Endowment Fund (HEEF)
The Higher Education Endowment Fund (HEEF) is 'a perpetual investment by the Australian Government in the future of Australian universities'. The objective of the HEEF is to support capital expenditure and research facilities in Australian universities. This support will be provided by the dividends on the capital invested in the HEEF, not the capital investments.
Announced with an initial capital investment of $5 billion from the 2006-07 Budget surplus, the HEEF was augmented in August 2007 with a further $1 billion capital investment from the Budget surplus. More details (DEEWR website)
- HEEF Guidelines Consultation Process 2008 (DEEWR website)
-
Draft program guidelines for the 2009 funding round (PDF file,
1.1mb)
These guidelines form the keystone to the National Consultations the HEEF Advisory Board will undertake during March and early April 2008.
Papers
- Position paper #1/08: Solutions for Building Australia's Human Capital through Universities (February 2008) (PDF file, 905kb)
Media releases and speeches
June 2008
- Funding to advance university infrastructure - Senator Kim Carr's media release 6 June
May 2008
- Better Universities Renewal Funding - Hon Julia Gillard MP's media release 13 May
April 2008
- Prime Minister's Science, Engineering and Innovation Council meeting - Prime Minister of Australia joint press release with the Minister for Innovation, Industry, Science and Research 23 April
- Further support to strengthen research ties with India - Senator Kim Carr's media release 16 April
- Nominations for 2008 Prime Minister's Prize for Science - Senator Kim Carr's media release 1 April
March 2008
- New agenda for prosperity - Senator Kim Carr's speech 28 March
February 2008
- Enhancing the quality of the experiences of post-docs and early career researchers (Australian Academy of Science Conference) - Senator Kim Carr's speech 14 February - includes information about funding compacts
- Carr heralds university funding compacts (The Australian Higher Education Supplement, 7 February)