“Graduates are landing full-time jobs quicker and with higher salaries,” Universities Australia Chief Executive Officer Mr Luke Sheehy said.

“The survey highlights the immense value of a university education – equipping students for rewarding careers and fuelling our economy with essential skills.

“With growing demand for graduates, expanding university access is crucial.

“The Universities Accord told us we need to double the number of domestic students to meet Australia’s skills demands.

“The Albanese Government’s student support measures in the Budget are a good start.

“Now we need to ensure our funding models are right so our higher education system can grow to meet Australia’s increasing skills needs. Needs-based funding is central to this.

“We must make every effort to support students and make university more affordable and more accessible to all Australians.”

Findings of the 2023 Graduate Outcomes Survey are available here.