UNSW's $18m bungle in Singapore ...

Many of those involved in the Toowoomba water debate will be interested in the fate of UNSW's venture in Singapore - an unmitigated disaster.

Excerpt from Sunday Mail:

Sydney uni's 'monumental' $18m bungle

2 June 2007

The University of NSW will pay students up to $85,000 to study in Sydney after the collapse of its Singapore campus.

Up to 148 students who enrolled at the campus will have their travel, visa and accommodation costs in Sydney covered by the university until the end of their degrees, with students to receive as much as $85,000 each.

The university will compensate a further 126 students with return airfares to Australia and a year's housing after the collapse of the Tanglin campus, which may end up costing the university more than $40 million in lost revenue, compensation and redundancies, Fairfax reports today.
...

An Australian academic, who wanted to remain anonymous, told Fairfax many professors had given up senior positions to move to Singapore.

He said the reputation of UNSW and other Australian universities had been damaged by the collapse.

“UNSW has killed off any hope of ever marketing itself as an international university, certainly in our lifetime,” he said.

“It has been a monumental mismanagement.”

See- UNSW's $18m Singapore disaster.