The amended bill boosts the ATEC’s independence, improves resourcing and sharpens its focus on research.

Universities Australia Chief Executive Officer Luke Sheehy said the ATEC would play an important role in bringing long-term coordination and stability to higher education.

“We’ve always supported the ATEC, and we pushed for stronger legislation to ensure it can deliver for the sector and the nation,” Mr Sheehy said.

“This bill is better than where it started. The changes secured through Parliament give the ATEC greater independence, better resourcing and a clearer focus on research.

“We thank the government for engaging in good faith and crossbenchers for working closely with us to strengthen the legislation.

“But a key piece is missing. The decision not to allow the ATEC to advise on student contributions is disappointing.

“It leaves a critical gap in the ATEC’s remit and sends a clear signal that the government is not yet prepared to fix the Job-ready Graduates package.

“JRG is punishing students with $50,000+ degrees and ripping close to a billion dollars a year out of universities.

“Labor campaigned against it in opposition but is kicking the can down the road in government.

“Without addressing student contributions, we risk entrenching the very funding challenges the sector is trying to solve.

“We urge the government to make this a priority in this term of government.

“Australia’s universities look forward to engaging constructively with the ATEC and its commissioners to design and implement the long-term reforms universities need to support students, drive innovation and lift productivity and living standards.”