Vice-chancellors' average remuneration has soared from 2.9 times lecturers' pay in 1975 to 16 times in 2018. New governance arrangements triggered the trend and might be needed to rein it in.
Ironically, a bit more of the right kind of corporatisation might help remedy the worst aspects of the current model of corporatised universities.
Vice-chancellors often benchmark their salaries against comparable positions in other corporate sectors, a symptom of the trend towards the corporatisation of universities in Australia.
Are British universities under threat of censorship?