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Speaker 1: What's up, what's down? What were the major cause and

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Speaker 1: how will it affect the economy? The big business questions

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Speaker 1: on the Business Hour with Heather Duplicy, Ellen and Players,

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Speaker 1: insurance and investments, Grow your wealth, protect your future, US

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Speaker 1: talk said be.

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Speaker 2: Evening.

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Speaker 3: Coming up for the next hour. Red meat exports are

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Speaker 3: going through the roof Jamie McKay on that. Paul Bloxham

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Speaker 3: of HSBC on our inflation print yesterday, and the UK

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Speaker 3: is looking at raising the old pinsion age into Brady

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Speaker 3: on that before the end of the program seven past six. Now,

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Speaker 3: if you caught the show yesterday, you're going to know

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Speaker 3: that I have some doubts about how much the third

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Speaker 3: medical school at White Couple University will actually end up

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Speaker 3: costing us. Now it was originally going to cost three

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Speaker 3: hundred and eighty million dollars in total. Now it's apparently

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Speaker 3: only going to be two hundred and thirty five million dollars.

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Speaker 3: Whyecuttle University is asked to come on the show for

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Speaker 3: a write of reply, and we're very happy to say

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Speaker 3: we have the vice chancellor, Neil Quickly with us. Hi

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Speaker 3: Neil evening, Heather, Now, how did you guys get the

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Speaker 3: cost down from three eighty to two thirty five.

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Speaker 2: The biggest part of it is that in the original cost,

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Speaker 2: we took the total amount of space that we would

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Speaker 2: need for everything at the university and all the clinical placements,

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Speaker 2: and we built in the new build cost for that space.

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Speaker 2: But as it's turned out, as we work through the

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Speaker 2: business case, both at the university and around the regional

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Speaker 2: and rural hospitals that we'll be working in, there's a

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Speaker 2: lot of space that needs some sprucing up renovation, but

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Speaker 2: that doesn't need to be built new. So the cost

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Speaker 2: of the capital part of the project came down very substantially.

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Speaker 2: Is because of that cool.

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Speaker 3: You guys have to contribute between yourselves and philanthropists about

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Speaker 3: one hundred and fifty million dollars. How much of that

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Speaker 3: is the is the university putting in?

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Speaker 2: Well, we don't have an exact breakdown, but it's about

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Speaker 2: fifty to fifty that I expect we'll be doing. At

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Speaker 2: this point. The university is in really good financial shape.

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Speaker 2: Our enrollments have risen very quickly this year and we're

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Speaker 2: on track for a twenty million dollar surplus for this

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Speaker 2: financial year, and we have no debt at the moment. Either,

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Speaker 2: so the university is well able to take on.

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Speaker 3: The risk of So have you cleared all of your debt?

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Speaker 2: Have you? Yes?

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Speaker 3: Yes, and you have a facility about one hundred million.

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Speaker 2: Still yet well next year it'll be one hundred and

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Speaker 2: twenty million. Yes.

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Speaker 3: Who are the philanthropists?

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Speaker 2: Well, I can't tell you right now because we got

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Speaker 2: only a few hours notice that the government was going

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Speaker 2: to announce on Monday, and the philanthropists need to work

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Speaker 2: through a process of formalizing their commitments with us now

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Speaker 2: that we have the green lights. So we'll be announcing

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Speaker 2: once we work through those and probably with each of

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Speaker 2: them major donors, having a special event with each of

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Speaker 2: them to outline what they're supporting.

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Speaker 3: So, if you're putting in seventy five and they're putting

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Speaker 3: in seventy five, have you secured the full seventy five

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Speaker 3: from philanthropist at least in verbal agreements?

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Speaker 2: No, roughly fifty five at the moment.

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Speaker 3: Okay, so still short of twenty. Where do you reckon

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Speaker 3: that's going to come from?

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Speaker 2: Oh, we've only just started, Heather. And the reason is that,

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Speaker 2: you know, it's really quite difficult to raise money for

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Speaker 2: a project that's only a talk project. So once it

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Speaker 2: becomes a real project, once we've got the support of

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Speaker 2: the government formally, then it's much easier to approach people.

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Speaker 2: And you know, I'm already finding in the last few

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Speaker 2: days that I've had people contacted me saying, you know,

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Speaker 2: let's talk. So that's very encouraging.

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Speaker 3: Oh that's cool. So can you guarantee me, though, that

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Speaker 3: the taxpayer, which is due to put in about eighty

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Speaker 3: three million dollars, will not have to put a cent

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Speaker 3: more than we are told we'll have to put in.

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Speaker 2: Well, that's the limit the government has given me, and

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Speaker 2: that's the limit that I'll work to. So yes, you know,

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Speaker 2: I think I've got a track record that says the

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Speaker 2: university can work to the budget limits that we have. Yeah.

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Speaker 2: We've done very well with all of our capital projects

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Speaker 2: in the ten years that I've been at Wycott, and

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Speaker 2: I think this one is not out of the ordinary

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Speaker 2: for the scale of our capital investment each year at

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Speaker 2: the university. So I'm confident we can brilliant.

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Speaker 3: I feel heartened by this conversation, Neil. I need to

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Speaker 3: ask you something. Did Adrian all swear in a meeting

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Speaker 3: with Treasury on twenty one February.

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Speaker 2: I wondered if you had raised that. I don't have

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Speaker 2: any comment about that.

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Speaker 3: So you're aware of this? Are you this news that's broken?

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Speaker 2: I've just heard in the last hour that there's a

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Speaker 2: conversation going on, but I'm not a part of it.

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Speaker 1: No.

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Speaker 3: Did he swear in a meeting with Treasury on the

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Speaker 3: twenty first, effep?

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Speaker 2: I can't comment on that.

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Speaker 3: Why can't you comment on that?

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Speaker 2: Well, because that's a matter of privacy that I don't

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Speaker 2: that I don't think I should discuss.

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Speaker 3: Is that because there's a gag order preventing you from

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Speaker 3: discussing it?

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Speaker 2: No?

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Speaker 3: No, okay, there is no get you just said.

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Speaker 2: No.

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Speaker 3: Are you telling me there's no gag order?

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Speaker 2: Oh, I'm not telling you that. I'm telling you that

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Speaker 2: my normal obligation to preserve the privacy of someone that

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Speaker 2: I work with or who works for me means that

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Speaker 2: I can't comment on things like that.

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Speaker 3: Did know that's okay? Did he swear in a meeting

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Speaker 3: with the Finance minister three days later?

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Speaker 2: Well, I've heard that that's been said, but I can't

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Speaker 2: comment on that.

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Speaker 3: Weren't you at that meeting?

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Speaker 2: I was at that meeting?

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Speaker 3: Yes, so did he swear. Did you send him an

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Speaker 3: email three days after that? Neil, did you send him

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Speaker 3: an email saying to him, Hey, here's a whole bunch

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Speaker 3: of specific and concrete allegations against you about your behavior?

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Speaker 2: Well, see, I can't go into that head.

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Speaker 3: Listen to stag order may prevent what he did, but

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Speaker 3: can it Does it prevent you discussing what you did,

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Speaker 3: which includes sending him this email?

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Speaker 2: It's all been covered by Anofficial Information Act request and

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Speaker 2: we responded to that. So that's as I can go,

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Speaker 2: and everything that I can say and I'm willing to say,

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Speaker 2: we've said in response to the official Information EATE requests.

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Speaker 3: Now, Neil, I'm sure that it hasn't escaped your attention

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Speaker 3: that I have been quite critical of you for the

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Speaker 3: fact that you have misrepresented a bunch of a bunch

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Speaker 3: of facts here. Do you have anything to say about that?

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Speaker 2: Well, what do you have in mind? In particularly Well, you.

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Speaker 3: Said that he left for personal reasons, and it clearly

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Speaker 3: wasn't personal reasons.

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Speaker 2: No, I said that was a misquote by some journalists.

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Speaker 2: It's problem with journalists reading each other's work. I said

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Speaker 2: that adrian resignation was a personal decision. Yes, and it

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Speaker 2: was at the time we were working through some difficult issues,

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Speaker 2: but those issues weren't actually resolved for about a month

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Speaker 2: after Adrian's resignation. That's the funding agreement, and so I

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Speaker 2: wasn't in a position to go into anything relating to that.

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Speaker 3: So there was stuff that preceded the funding agreement. Is

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Speaker 3: that what you're telling me?

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Speaker 2: No, it was all part of the discussion of the

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Speaker 2: funding agreement.

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Speaker 3: Are you telling me? Are you telling me he quit

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Speaker 3: for the funding agreement? Is that why he quit?

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Speaker 2: No? No, I'm just telling you that. You know what

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Speaker 2: we've said in our response to the Official Information Act requests.

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Speaker 2: I'm confused now because.

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Speaker 3: If he quit on the funding decision, the funding agreement,

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Speaker 3: then that's not a personal decision, is it.

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Speaker 2: There's nothing about a difference of view about where we

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Speaker 2: were headed with the funding that required his resignation. He

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Speaker 2: could easily have continued, and that's why it was a

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Speaker 2: personal decision to resign.

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Speaker 3: So are you telling me he didn't actually quit about

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Speaker 3: the funding agreement, which we thought he'd quit over.

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Speaker 2: No, No, you're you're turning what I've said around the

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Speaker 2: wrong way. Either. What I've said is there was a

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Speaker 2: difference of view about the direction we were traveling on

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Speaker 2: the funding agreement. But there was nothing about that that

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Speaker 2: required Adrian to resign. He chose to make a personal

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Speaker 2: decision that he would resign at that point when we

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Speaker 2: were halfway through the negotiation.

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Speaker 3: But can you understand can you understand our confusion because

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Speaker 3: he quit because of the funding agreement, right, But you're

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Speaker 3: saying it's a personal decision. It can't be both.

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Speaker 2: It's one or the Oh, no, it is no, No,

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Speaker 2: it is because well, because there was nothing about the

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Speaker 2: funding discussion that required him to resign.

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Speaker 3: In your opinion.

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Speaker 2: In my opinion, yes.

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Speaker 3: But he might have thought that there was something about

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Speaker 3: it that required him to Are you using personal decision

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Speaker 3: because every time someone quits it's ultimately a personal decision.

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Speaker 2: No, but I think it clearly was in this case.

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Speaker 2: That's my view.

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Speaker 3: Nothing is clear about this at all. Okay, Neil, thank you,

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Speaker 3: I appreciate your time. That's Neil Quickly the University of

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Speaker 3: why Cuttle's vice chancellor. Mmmmmmm, I'm as confused as you. Listen,

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Speaker 3: I will explain to you why all of a sudden

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Speaker 3: he was facing those questions. Let me come back to that.

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Speaker 1: Shortly for more from Hither Duplessy Allen Drive. Listen live

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Speaker 1: to news talks it'd be from four pm weekdays, or

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