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Question and Answer Tracking Details

753 - USE OF "COMMERCIAL IN CONFIDENCE"

Hornery, Sonia to the Minister for Education

How is "commercial in confidence" being used to thwart transparency in the allocation of public funds within NSW universities?
Answer -

Commercial in confidence provisions enable universities to diversify their revenue streams and compete on a level playing field with other business and educational entities.

NSW universities are financially accountable to the State through the NSW Public Finance and Audit Act 1983 where all aspects of university financial accounts are open to scrutiny.

Question asked on 25 August 2011 (session 55-1) and printed in Questions & Answers Paper No. 36
Answer received on 28 September 2011 and printed in Questions & Answers Paper No. 46

The Parliament of New South Wales acknowledges and respects the traditional lands of all Aboriginal people, and pays respects to all Elders past and present. We acknowledge the Gadigal people as the traditional custodians of the land on which the Parliament of New South Wales stands.