‘Milked that cow more than we should have’: Schmidt’s grim warning to ANU students

In a swipe at the previous government over its decision to carve universities out of the $89 billion JobKeeper program during the pandemic, Professor Schmidt said that during the outbreak, “I was sitting there looking at my balance sheet and seeing … loss of dollars beyond anything I could have imagined six months earlier, being told literally that our rivers run with gold by the treasurer at the time … It’s not very fun”.