Table 1. Summary statistics Expenses in...

Table 1.

Summary statistics

	Expenses in $m				Student load				Publication
Year	Min	Average	Max	SD	Min	Average	Max	SD	Min	Average	Max	SD
2001	65	664	1,647	449	2,346	15,790	35,175	8,516	22	676	2,579	720
2002	76	701	1,945	497	2,642	16,780	37,505	8,991	25	727	2,781	790
2003	80	710	1,996	500	2,701	17,393	38,833	9,240	27	896	3,499	964
2004	91	714	2,108	507	2,838	17,602	40,552	9,225	37	997	3,871	1,071
2005	99	712	2,055	503	2,931	17,800	40,429	9,061	58	1,179	4,449	1,243
2006	119	737	2,143	530	3,081	18,148	40,576	9,150	48	1,298	5,024	1,389
2007	132	769	2,308	562	3,451	18,643	41,665	9,400	90	1,401	5,515	1,483
2008	145	809	2,432	593	3,587	19,304	42,826	9,728	113	1,525	6,046	1,599
2009	154	810	2,314	581	3,923	20,547	46,231	10,187	168	1,692	6,491	1,747
2010	166	830	2,362	602	4,267	21,716	48,553	10,762	201	1,832	6,983	1,863
2011	178	844	2,342	603	4,509	22,207	49,591	10,829	209	2,081	7,920	2,086
2012	190	857	2,388	606	5,135	22,817	49,626	10,881	256	2,339	8,581	2,295
2013	206	853	2,341	585	5,599	23,576	50,882	11,348	334	2,640	9,363	2,512
2014	226	865	2,445	597	6,132	24,404	52,992	11,771	411	2,779	9,482	2,598
2015	226	853	2,360	589	6,583	24,903	55,788	12,252	437	2,982	9,815	2,716
2016	224	876	2,458	614	6,573	25,581	59,036	12,814	539	3,215	10,570	2,882
2017	201	897	2,569	638	6,350	26,423	62,433	13,550	513	3,366	11,107	3,008
2018	204	936	2,718	681	6,247	27,262	67,074	14,220	521	3,524	12,004	3,177
2019	201	969	2,743	716	6,706	28,009	70,085	14,820	557	3,729	12,917	3,370
2020	192	939	2,619	681	7,954	27,596	67,993	14,378	645	3,928	13,746	3,579
2021	207	913	2,685	689	8,027	27,247	67,753	15,109	771	4,167	14,891	3,850
2022	220	936	2,871	739	7,535	25,926	63,059	14,548	738	4,181	14,606	3,780

	Expenses in $m				Student load				Publication
Year	Min	Average	Max	SD	Min	Average	Max	SD	Min	Average	Max	SD
2001	65	664	1,647	449	2,346	15,790	35,175	8,516	22	676	2,579	720
2002	76	701	1,945	497	2,642	16,780	37,505	8,991	25	727	2,781	790
2003	80	710	1,996	500	2,701	17,393	38,833	9,240	27	896	3,499	964
2004	91	714	2,108	507	2,838	17,602	40,552	9,225	37	997	3,871	1,071
2005	99	712	2,055	503	2,931	17,800	40,429	9,061	58	1,179	4,449	1,243
2006	119	737	2,143	530	3,081	18,148	40,576	9,150	48	1,298	5,024	1,389
2007	132	769	2,308	562	3,451	18,643	41,665	9,400	90	1,401	5,515	1,483
2008	145	809	2,432	593	3,587	19,304	42,826	9,728	113	1,525	6,046	1,599
2009	154	810	2,314	581	3,923	20,547	46,231	10,187	168	1,692	6,491	1,747
2010	166	830	2,362	602	4,267	21,716	48,553	10,762	201	1,832	6,983	1,863
2011	178	844	2,342	603	4,509	22,207	49,591	10,829	209	2,081	7,920	2,086
2012	190	857	2,388	606	5,135	22,817	49,626	10,881	256	2,339	8,581	2,295
2013	206	853	2,341	585	5,599	23,576	50,882	11,348	334	2,640	9,363	2,512
2014	226	865	2,445	597	6,132	24,404	52,992	11,771	411	2,779	9,482	2,598
2015	226	853	2,360	589	6,583	24,903	55,788	12,252	437	2,982	9,815	2,716
2016	224	876	2,458	614	6,573	25,581	59,036	12,814	539	3,215	10,570	2,882
2017	201	897	2,569	638	6,350	26,423	62,433	13,550	513	3,366	11,107	3,008
2018	204	936	2,718	681	6,247	27,262	67,074	14,220	521	3,524	12,004	3,177
2019	201	969	2,743	716	6,706	28,009	70,085	14,820	557	3,729	12,917	3,370
2020	192	939	2,619	681	7,954	27,596	67,993	14,378	645	3,928	13,746	3,579
2021	207	913	2,685	689	8,027	27,247	67,753	15,109	771	4,167	14,891	3,850
2022	220	936	2,871	739	7,535	25,926	63,059	14,548	738	4,181	14,606	3,780

Note(s):

Expenses refer to total expenses excluding bad and doubtful debts and investment losses, and are adjusted using the education CPI obtained from the Australian Bureau of Statistics website (Link to the cited article). Specifically, total expenses include employee benefits, depreciation and amortisation, buildings and grounds or repairs and maintenance, finance or borrowing costs, and other operating expenses

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