University of Oxford

The University of Oxford is the oldest university in the English-speaking world. Teaching has taken place at Oxford since 1096. Oxford has the largest volume of world-leading research in the country, rating top in the REF power rankings published by Research Fortnight. Oxford’s research involves more than 70 departments, almost 1,800 academic staff, more than 5,000 research and research support staff, and more than 5,600 graduate research students. The University has 38 independent colleges to which undergraduate and graduate students belong. Oxford has the highest research income from external sponsors of any UK university: £478.3m in 2013/14. The University has pioneered the successful commercial exploitation of academic research and invention, creating more than 100 companies, and files more patents each year than any other UK university.

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The federal government receives more revenue than the states so it divvies it up between them, but with conditions. Lukas Coch/AAP

Budget explainer: the federal-state battle for funding

The reason for the constant struggle for funding between the states and federal government relates back to the constitution.

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