The University of Divinity’s Annual Report for 2021 was tabled in the Victorian Parliament by The Hon. Gayle Tierney MP, Minister for Higher Education and Minister of Training and Skills, on 3 May 2022.
The Annual Report provides a comprehensive overview of the activities of the University and Colleges throughout the year. Although this was the second COVID-impacted year in a row, the University’s achievements in 2021 were historic. Initiatives included:
- the relocation to St Paschal Estate in Box Hill
- commencement of the Professional Supervision program
- the establishment of the School of Indigenous Studies
- a large research grants scheme which funded four major collaborative research projects.
The Annual Report also provides an update on progress towards the University’s 2025 Strategic Goals.
Financially, the University achieved a balanced result despite the constraints of the pandemic and significant redevelopment costs associated with new strategic initiatives. This was largely due to federal and state government initiatives to support universities, continued growth in donations and philanthropic grants, and improvements to the management of investments. The Annual Report indicates that a significant operating deficit is expected in 2022, but lays out a strategy to return the University to surplus by 2025.View the Annual Report