Education Investment Fund

For: 

The EIF was established by the Nation-building Funds Act 2008. It replaced the Higher Education Endowment Fund (HEEF), which was established in 2007. The EIF was initially credited with $6.48 billion from the assets of the HEEF.

Overview

The EIF aims to build a modern, productive, internationally competitive Australian economy by supporting world-leading, strategically-focused infrastructure investments that will transform Australian tertiary education and research.

The EIF has provided funding for projects that create or develop significant infrastructure in higher education, research and vocational education and training institutions.

The EIF is one of three Nation-building funds, along with the Building Australia Fund and the Health and Hospitals Fund.

In response to a recommendation of the Commission of Audit  on the future use of the Nation-building Funds, the Government announced in the 2014-15 Budget that the EIF will be terminated from 1 January 2015 and that no further funding rounds will be held.  Existing projects will continue to be funded.

EIF funding rounds

EIF Regional Priorities Round

Successful projects

Ten projects totalling $292.56 million were approved for funding under the $480 million competitive component of the EIF Regional Priorities Round. The successful projects are listed in the table below.

Applicant Project Title State Total Project Value ($m) EIF funding ($m) Date Announced
University of the Sunshine Coast USC Engineering Learning Hub QLD 37.20 30.00 3/01/2013
University of Wollongong Early Start – Changing Childrens’ Futures NSW 44.00 31.00 22/11/2012
Deakin University CADET – Centre for Advanced Design in Engineering Training VIC 55.30 21.50 23/11/2012
University of Tasmania Creative Futures Tasmania TAS 75.20 37.00 11/12/2012
University of New England Integrated Agricultural Education Project NSW 46.14 29.00 22/11/2012
James Cook University The Science Place (TSP) for northern Queensland QLD 80.00 46.80 19/12/2012
University of South Australia Regional Connections – UniSA's Centre for Regional Engagement (Mt Gambier and Whyalla) SA 22.00 18.00 22/11/2012
Southern Cross University Engineering and Science @SCU project NSW 39.26 27.91 24/01/2013
Charles Darwin University VET Infrastructure Development to Address Skills Needs and Economic Change in the NT Project NT 28.75 21.35 25/02/2013
University of Newcastle Building Access and Attainment in the Hunter Region Project NSW 99.85 30.00 15/04/2013
TOTAL     527.70 292.56  

On 19 December 2011, seed funding of $20 million was allocated under the Regional Priorities Round to a consortia led by the University of New South Wales for a new multi-partner medical and allied health facility at Port Macquarie. The consortia also includes the University of Newcastle and the NSW TAFE – Hunter Institute.

On 17 December 2013, the Government announced that it had completed an assessment of funding priorities as part of the Mid-Year Economic and Fiscal Outlook and had decided that no further projects would be funded under the EIF Regional Priorities Round. This includes projects announced but not contracted. The EIF Regional Priorities Round has now concluded.

The timing of any further EIF funding rounds is yet to be determined and is a matter for Government.

Program Guidelines

The EIF Regional Priorities Round Guidelines were amended in February 2012 to reflect the new closing date for Stage 2 of the Round (see below).

EIF Round 3 and Sustainability Round

Successful projects

A total of 19 projects totaling $550 million were approved for funding across the tertiary education and research sectors under EIF Round 3 and the Sustainability Round which were conducted at the same time. The successful projects are listed in the tables below.

Successful Projects for EIF Round 3 - Higher Education (HE) sector

Institution/Project title EIF Funding ($m)
Swinburne University of Technology – ‘Advanced Manufacturing Centre – Factory of the Future’ 40.000
University of Technology, Sydney – ‘Building for the Future: a Unique Interactive Learning Environment for C21 ITE’ 50.000
University of South Australia – ‘Participate@UniSA 30.000

Successful Projects for EIF Round 3 - Vocational Education and Training (VET) sector

Institution/Project title EIF Funding ($m)
Pilbara TAFE – ‘Pundulmurra Campus Upgrade’ 12.190
Civil Train SA – ‘Civil Train Highway to Skilling the Industry’ 8.200
Box Hill Institute of TAFE – ‘Integrated Technology Hub: Building Services and Electro Mechanical Technologies’ 15.000
Victoria University – ‘Sunshine Construction Futures’ 38.950
TAFE NSW Sydney Institute – ‘AutoCel - A Transport Technology Centre of Excellence’ 16.859

Successful Projects for EIF Round 3 - Research sector

Institution/Project title EIF Funding ($m)
AuScope Limited – ‘AuScope Australian Geophysical Observing System’ 23.000
The University of Western Australia – ‘Indian Ocean Marine Research Centre’ 34.000
Deakin University – ‘Australian Future Fibres Research and Innovation Centre’ (AFFRIC) 37.000
The University of Sydney – ‘The Australian Institute for Nanoscience’ 40.000
The University of Queensland – ‘National Imaging Facility’ 40.231
Monash University – ‘Green Chemical Futures’ (GCF) 29.120

EIF Round 3 Total - $414.550 million.

Successful Projects for EIF Sustainability Round - Higher Education (HE) sector

Institution/Project title EIF Funding ($m)
Griffith University – ‘Sir Samuel Griffith Centre’ 21.050

Successful Projects for EIF Sustainability Round - Vocational Education and Training (VET) sector

Institution/Project title EIF Funding ($m)
Central TAFE – ‘Central Tech Green Skills Training Centre’ 12.000

Successful Projects for EIF Sustainability Round - Research sector

Institution/Project title EIF Funding ($m)
University of Wollongong – ‘Retrofitting for Resilient and Sustainable Buildings’ ("RRSB") 25.100
The University of Newcastle – ‘Newcastle Institute for Energy and Resources’ 30.000
CSIRO – ‘Sustainable Energy for SKA’ 47.300

EIF Sustainability Round Total - $135.450 million.

Round 3 and Sustainability Round Total – $550 million.

EIF Round 2

Successful projects

The successful EIF Round 2 projects were announced as part of the 2009-10 Budget. In total, 31 projects totaling $934 million were approved for funding across the tertiary education and research sectors. The successful projects are listed in the table below.

Successful Projects for EIF Round 2 - Higher Education (HE) sector

Institution/Project title EIF Funding ($m)
University of New South Wales – ‘Gateway @ COFA’ 48.000
Macquarie University – ‘Leadership in Advanced Surgical Education’ 16.638
Charles Sturt University – ‘National Life Sciences Hub’ 34.000
La Trobe University – ‘La Trobe University Rural Health School’ 59.600
University of Ballarat – ‘Science and Engineering Precinct’ 39.969
University of Melbourne – ‘Graduate Learning Spaces’ 16.278
University of Queensland – ‘Advanced Engineering Building’ 50.000
Queensland University of Technology – ‘Science and Technology Precinct’ 75.000
Curtin University of Technology – ‘Engineering Pavilion’ 20.500
Charles Darwin University – ‘Centre for Indigenous Knowledge’ 30.650
The Australian National University – ‘Chemical Sciences Hub’ 90.000

Successful Projects for EIF Round 2 - Vocational Education and Training (VET) sector

Institution/Project title EIF Funding ($m)
Skillsets – ‘Low Carbon Economy Centre’ 5.000
TAFE NSW Western Institute – ‘Heavy Vehicle Facilities’ 9.680
TAFE NSW South Western Sydney Institute – ‘Macarthur Building Skills Centre’ 9.900
Tocal College – ‘Rural VET Infrastructure’ 5.500
TAFE NSW Illawarra Institute – ‘Shellharbour Campus Children's Services Training Facility’ 6.500
Energy Australia – ‘Silverwater Learning Centre’ 25.000
TAFE NSW Sydney Institute – ‘Sustainable Hydraulic Trade Centre’ 6.439
Central Gippsland Institute of TAFE – ‘Chadstone Campus Development’ 16.150
University of Ballarat – ‘Manufacturing Technology Training Centre’ 18.090
Holmesglen Institute of TAFE – ‘New Facility for Childhood Development, Vocational College, and Related Services’ 16.800
Bendigo TAFE – ‘Training Facilities for the Traditional Trades in Echuca' 5.000
Industries Services Training – ‘Mobile Trades School Training Facilities’ 7.890

Successful Projects for EIF Round 2 - Research sector

Institution/Project title EIF Funding ($m)
Australian Institute for Innovative Materials (AIIM) – ‘Processing and Devices’ 43.800
Sydney Institute of Marine Science – ‘Building the Sydney Institute of Marine Science into a World Class Marine Research Facility’ 19.500
University of Western Sydney – ‘Centre of Climate Change and Energy Research’ 40.000
Australian Synchrotron – ‘National Centre for Synchrotron Science: Outreach and Research Support Facilities’ 36.780
University of Melbourne – ‘The Centre for Neural Engineering’ 17.515
La Trobe University – ‘The La Trobe Institute for Molecular Sciences’ 64.100
Queensland Institute of Medical Research – ‘QIMR Expansion’ 55.000
University of Tasmania – ‘Institute for Marine and Antarctic Studies’ 45.000

EIF Round 2 Total - $934.279 million.

EIF Round 1 (HEEF)

Successful Projects

The successful EIF Round 1 (HEEF) projects were announced on 12 December 2008. In total, eleven projects were approved for funding across the tertiary education and research sectors totaling $580.5 million. The successful projects are listed in the table below.

Successful Projects for EIF Round 1 (HEEF) - Higher Education (HE) sector

Institution/Project title EIF Funding ($m)
The University of Sydney – ‘Centre for Obesity, Diabetes and Cardiovascular Disease’ 95.0
The University of Melbourne – ‘The Peter Doherty Institute for Infection and Immunity’ 90.0
University of Wollongong – ‘SMART Infrastructure Facility’ 35.0
The University of Queensland – ‘School of Veterinary Science’ 47.2
Macquarie University – ‘Hearing Hub’ 40.0
University of Canberra – ‘The International Microsimulation Centre’ 11.0
RMIT University – ‘RMIT Design Hub’ 28.6
The University of New South Wales – ‘Energy Technologies Building’ 75.0
University of South Australia – ‘Materials and Minerals Science Learning and Research Hub’ 40.0

Successful Projects for EIF Round 1 (HEEF) - Research sector

Institution/Project title EIF Funding ($m)
Monash University – ‘New Horizons Centre’ 89.9
The University of Adelaide – ‘The Institute for Photonics and Advanced Sensing’ 28.8

EIF Round 1 (HEEF) Total - $580.5 million.

In this section

  • EIF Advisory Board
  • EIF Clean Energy

Contacts

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