bringing ambition to life

85 Pages·2006·13.72 MB·English

FOLDS
2005 BOND UNIVERSITY
ANNUAL
REPORT
2
0
0
5
B
O
N
D
U
N BRINGING AMBITION TO LIFE
IV
E
R
S
IT
Y
–
A
N
N
U
A
L
R
E
P
O
R
T
Bond University
Gold Coast Queensland 4229
Australia
Toll free 1800 074 074
(within Australia)
Ph: [phone]
(from overseas)
Fax: [phone]
Email: [email protected]
(for domestic enquiries)
Email: [email protected]
(for international enquiries)
www.bond.edu.au
CRICOS CODE 00017B
FOLDS
Everyone has expectations for their future…
And success means different things to different people.
Some are happy to live from day to day.
Others – like yourself – want much more.
You think bigger. You want to move faster.
You want to go further.
You’re determined to achieve something extraordinary.
At Bond University, we recognise your passion
and fast-track your progress.
BOND UNIVERSITY. WE SHARE YOUR AMBITION.
WE BRING IT TO LIFE.
VISION AND MISSION
OUR VISION
Bond University seeks to be one of the
world’s leading independent universities,
Australian in character yet international
in perspective, producing uniquely
identifiable graduates who are leaders
and thinkers, imbued with initiative,
enterprise and a continuing quest for
life-long learning.
OUR MISSION
Bond University is committed to
achieving excellence in tertiary
education through:
• Teaching, learning and research of
the highest quality
• Contributing to the diversity and
quality of tertiary education
• Incorporating new technologies
• Cooperating with other institutions of
learning throughout the world
• Producing uniquely identifiable
graduates, committed to life-long
learning
• Remaining independent, distinctive
yet innovative
 BOND UNIVERSITY ANNUAL REPORT 005
CONTENTS
0 Vision and Mission
04 Bond at Glance
06 Chancellor’s Message
08 Vice-Chancellor’s Report
10 Faculty of Business, Technology
& Sustainable Development
14 Faculty of Health Sciences
& Medicine
18 Faculty of Humanities
& Social Sciences
 Faculty of Law
6 Research
8 Alumni Success Stories
0 Corporate Partnerships
1 International Partnerships
 Facilities
4 Sport & Recreation Centre
6 Financial Analysis
8 Directors’ Report
44 Auditors’ Independence Declaration
46 Financial Report
76 Directors’ Declaration
77 Independent Audit Report
78 Corporate Governance
BOND UNIVERSITY ANNUAL REPORT 005 
BOND AT A GLANCE
GRADUATE SUCCESS Allamanda Hospital Group, Bond’s Health COMPETITIVE SPIRIT
Sciences and Medicine Dean Professor
According to research compiled by the Chris Del Mar and the Eye Team’s • Bond Law students continue to
Graduate Careers Council of Australia perform at the highest level, both
volunteer surgeons and nurses.
(GCCA), in comparison to Australia’s in Australian and international
‘Group of Eight’ leading universities competitions, with a team from
Bond ranks… INNOVATIVE IN APPROACH Bond representing Australia in the
European Law Students’ Association
#1 in student satisfaction with • Joining the ranks of world-class WTO Moot Competition in Geneva.
course quality educational institutions such as
Harvard, Oxford, MIT and Cambridge, • Bond’s Faculty of Business team
swept the awards at the National
#1 in average starting salary Bond has signed a landmark
Students in Free Enterprise (SIFE)
agreement with China’s leading competition. The team took
business university. Under the
out the Ernst and Young Best
FINANCIAL HIGHLIGHTS ground-breaking student exchange Entrepreneurship Project, the Best
agreement, Bond University
Team Spirit of SIFE and were only
postgraduate students can apply to narrowly beaten in the finals.
Total Revenue for study for a semester at Tsinghua
the year at $81.480M University in Beijing as part of their • Bond staff and students swept the
represented growth MBA degree. Warner Roadshow Studios 19th
of 5.7% over the Queensland New Filmmakers Awards
previous year. • In June, Bond combined its in April, taking out five categories,
Information Technology and Business including Best Overall Film.
Tuition income at
disciplines to create a new ‘super-
$61.06M for the year faculty’. The amalgamation has • Bond students were up on the
grew by 10.% over allowed students to take greater winner’s podium again at the Shorts
the previous year.
of All Sorts short film competition
advantage of the strong inter-
and Shorts Around Sydney Short Film
Total Assets at disciplinary synergies that exist
Festival later in the year, taking out
$101.858M increased between IT and business, and follows
top honours in both arenas.
by $16.115M many other top-tier Australian and
international IT schools that have
• In another major acknowledgement
Net Assets at combined information technology of Bond’s international recognition in
$0.85M represented with science, economics, commerce, this field, the Gabarron Foundation,
growth of 10.4% over business, and other related faculties. headquartered in the US and Spain,
the previous year. has identified our Centre for Film,
Television and Screen-based Media as one
MAKING THE HEADLINES
of the ten best film schools in the world.
• Bond’s Professor of Australian
GOOD MEDICINE Studies, Dr Steve Webb made
world headlines when he and his RECOGNITION
Gold Coast-based ophthalmologist and
team discovered a series of human
Associate Professor, Dr John Kearney, • Harry Messel, who is best known to
footprints dating back to the last Ice
provided a scholarship for one of Bond’s the Bond community for laying the
Age in the Willandra Lakes region of
new medical students to accompany him financial foundation for the future of
Mungo National Park in far west NSW.
and his team to East Timor in June. Bond University as Chancellor from
• The world-renowned Buros Institute 199 to 1997 received a Companion
As the inaugural recipient of the of Mental Measurements in the USA in the General Division of the Order
Alison Kearney East Timor Research honoured the Faculty of Humanities of Australia Medal (AC).
Scholarship, Fleur Dwyer spent a week and Social Sciences Professor of
in Bacau, observing Dr Kearney and his Psychology, Dr Gregory Boyle with • Bond University’s Fitness Centre was
team at their eye clinic, where they treat the Buros Institute Distinguished runner-up in the 005 Sport and
and operate on hundreds of visually Reviewer Award. Community Recreation Queensland
impaired patients. Community Service Award for its
• A joint Commonwealth Government work in reaching out to the wider
On her return, Fleur was given the funding application by Bond community.
opportunity to meet East Timor University, Tweed Heads Hospital
and Griffith University will result
President, Xanana Gusmao when he • Bond University Library’s dedication
in the establishment of the Tweed
visited the Bond campus as guest to providing excellent customer
Education and Clinical Research
speaker at a fund-raising luncheon for service and support has earned it a
Institute in 006/7.
the East Timor Eye Program. place in the prestigious Australian
• Under the leadership of Pro Vice- Universities Quality Agency
A total of $15,000 was raised for the Chancellor for Research and Faculty Good Practice Database (AGPD)
clinic, with lunch guests including of Health Sciences & Medicine Dean, - an international database of good
Deputy Vice-Chancellor Mr Gary Bugden, Professor Chris Del Mar, the research practices in higher education.
Member for McPherson, Margaret productivity continued to prosper
May MP, Gold Coast Mayor Ron Clarke, for the Faculty of Health Sciences & • For the fifth consecutive year, the
Principal of Weathered Howe Engineers Medicine, who attracted over $1M Gold Coast Business Excellence
John Howe, Sue Thoreburn from the in grant funding. Awards honoured Bond University
4 BOND UNIVERSITY ANNUAL REPORT 005
for its innovative and personalised
approach to education, nominating
the ‘MyBond MBA’ program as a
finalist in the Information Technology
category. This state-of-the art
bilingual program uses a global
e-enabled education strategy to
export high quality management
development programs to
overseas students.
ENROLMENTS ON THE RISE
New undergraduate degree enrolments up by 1.9%
New domestic undergraduate enrolments up The Prime Minister of Australia,
by 46.% The Hon John Howard MP announced a $4.5M
grant towards the University’s Faculty of Health
Faculty of Business domestic undergraduate degree Sciences & Medicine building.
enrolments up by 15.%
Faculty of Humanities domestic undergraduate degree
enrolments up by 17.6%
Faculty of Law domestic undergraduate degree
enrolments up by 14.7%
Faculty of Law postgraduate degree enrolments up
by 19.%
BOND UNIVERSITY MBA
#1 FOR COURSE QUALITY*
*Compared to Australia’s Group of Eight leading universities, Graduate Careers Australia,
005 Graduate Destination Survey and Course Experience Questionnaire.
BOND UNIVERSITY ANNUAL REPORT 005 5
CHANCELLOR’S MESSAGE
Bond University continues to progress Government to a pluralistic approach during the early days of Bond through
in terms of achieving recognition as to higher education in this country. the Art Gallery committee and various
Australia’s only independent, private fundraising events.
‘blue-chip’ educational experience. During 005 Bond reconnected with
Bond University is an institution where the business community and actively Governance is a strong element of the
our students gain a university degree reviewed its business programs. University. The governance structure
that is recognised by Australian and I, with the Vice-Chancellor and the Dean that has been in place since 00 is
international employers as having of the Faculty of Business, Technology aligned with the recent Australian
added value and workplace relevance. and Sustainable Development, hosted Government Legislative changes for
It is also an institution where our several functions for high profile public universities.
students gain the leadership skills, business leaders throughout the year.
focus and determination they need to These functions have been an excellent Bond University has a diverse and
excel at the very highest echelons of opportunity to raise the profile of committed Council. I was pleased to
their chosen discipline. Bond and the Bond graduate with blue welcome Professor Dennis Gibson AO,
chip employers. Foundation Vice-Chancellor of the
There is a significant shortfall of medical Queensland University of Technology
practitioners in Australia, and Bond The Vice-Chancellor, the Dean of the (QUT) and current Chancellor of
University has responded to the need Faculty of Business, Technology and Melbourne’s RMIT University, as a
for more Australian trained doctors with Sustainable Development and I visited
member in March 005. Professor
the establishment of an innovative 4.6 various Australian and overseas
Gibson initially served on Bond’s
year undergraduate medical program. corporations to determine the needs
Planning Council back in the late 1980s,
It has been an exceptional success for of employers of Bond University
helping to set the direction of Australia’s
Bond University with strong demand for Business graduates. This understanding
first private, not-for-profit university.
student places. of employer needs, together with
His wealth of experience in the higher
inclusion of leadership and
education environment has been
The contribution that Bond-trained communication skills as part of the
an excellent complement to the
medical practitioners will make has curriculum, ensures that Bond
University Council.
been recognised with two large grants University graduates are ‘work’ ready!
of $4.5M each from the Australian
I would like to pay tribute to my Council
Government and the Queensland The Business Leaders Roundtable
colleagues for their contribution and
Government. These grants represent a successfully commenced last year. I was
support during the year. The Council is
landmark for Bond as it is the first time privileged to speak at the inaugural event
reflective of the independent, private
in the history of the University that to students, staff and the community
nature of Bond University, and brings
government at any level has provided on ‘Leadership Challenges in Uncertain
wide-ranging business, professional and
such significant funding. Times’. Subsequent speakers have
academic expertise and experience to
included David Liddy (Managing Director,
the issues that are considered by
The Australian Medical Council’s (AMC) Bank of Queensland) and Bob Mansfield
Council and, consequently, contributes
Accreditation Team visited in April 006 (Chairman, McDonalds Australia).
to realising our shared vision for
assessing Bond University’s Medical
Bond University.
Program. The Team advised that it had From a financial perspective, Bond had
seen exceptional developments in the another year of profit for reinvestment
Bond University continues to be
implementation of the new Medical into the University, at $.594M; a 1.%
extraordinarily well represented and
School at Bond University. It also increase over adjusted one-offs in 004.
commented that the School has much supported by our local Federal Member,
to be proud of, and that it is well placed After a detailed market analysis and Mrs Margaret May MP. We are indebted
to address the challenges ahead, and marketing review, the University to Margaret May for her support
thereby making an enduring contribution successfully launched its new and assistance.
to the health of the community. Marketing and Student Recruitment
program, ‘bringing ambition to life’. The We at Bond University are also blessed
All of us at Bond are indebted to the reinvigorated marketing campaign, and by our broad community support.
Prime Minister of Australia, The Hon a consistent and focussed approach
John Howard MP, and the Premier of to marketing and student recruitment Finally, on my behalf and that of Council,
Queensland, The Hon Dr Peter Beattie University-wide, is important in an I would like to express my appreciation
MP and their respective Governments increasingly competitive tertiary to the Vice-Chancellor and President,
for their matching grants for the education environment. Professor Robert Stable, for the
Bond University Health Sciences & leadership, commitment and passion
Medicine Building. It was with great sadness that the Bond that he brings to the management
community learnt of the untimely deaths leadership of Bond University. The
I am also most appreciative of the of Brian and Kathy Ray. Both Brian and Vice-Chancellor is ably supported by
Australian Government’s initiative for the Kathy were long time supporters and the leadership and commitment of our
extension of the Fee-Help arrangements, friends of Bond University. Brian served Deans, Senior Management Group and
as announced in the 006/7 Budget. The as a member of Council from 1996-00 the academic and general staff with their
funding boost means private education and as a community member of Bond unstinting commitment and outstanding
is now more accessible than ever, and University Limited from 00 until his contribution to our students and the
marks the significant commitment by our death while Kathy was actively involved University during the past year.
6 BOND UNIVERSITY ANNUAL REPORT 005
Trevor C Rowe AM – Chancellor
FCIS, FAICD, ACPA
BOND UNIVERSITY ANNUAL REPORT 005 7
VICE-CHANCELLOR’S REPORT
005 was a year of very significant and for the new School of Sustainable Screen Based Media with students
exciting progress. The introduction of Development is a multidisciplinary school receiving recognition, and indeed awards,
our innovative undergraduate medical bringing together business, technology, at both national and international
(MBBS) program, the expansion of our infrastructure and design, environmental film festivals.
Faculty of Business and a suite of new studies and social science in the living
programs under consideration were just laboratory of the Gold Coast and RESEARCH
some of the many highlights. Northern Rivers of New South I am very pleased to report that the
Wales areas. University has been growing its research
TEACHING AND LEARNING profile, with a doubling in Department of
Construction of the Faculty of Health The School, headed by new Deputy Education, Science and Training funding
Sciences and Medicine building Dean Professor George Earl, will for 005 and an increased number of
commenced in late 004 and was work with industry, government, staff applying for grants.
completed with exceptional commitment professional bodies and the community
and professionalism by the whole to create new knowledge around the A Vice Chancellor’s Research Grant
Project Team just prior to the May 005 issues and problems of sustainable Scheme was implemented by the
semester. The then Federal Minister for development and liveable communities University Council in early 006 in
Education, Science and Training, The Hon and disseminate that knowledge recognition of both the tremendous
Dr Brendan Nelson, toured the state-of- through innovative degree programs research capacity of our academic staff
the-art building and met with students and professional development courses. and the strategic importance of research
during the first week of the program. The School will offer postgraduate and to the University.
undergraduate courses from 006.
The inaugural cohort of medical STUDENT SUPPORT AND SERVICES
students comprised 65 domestic and 7 In line with all these changes, we felt
In keeping with the University’s focus
international students. It has been widely the Faculty of Business deserved a new
on our students, we created a student
recognised that there is a significant name and it has been rechristened the
administration precinct on campus,
shortage of doctors in Australia, and Faculty of Business, Technology and
providing a streamlined service centre
our new medical program will provide Sustainable Development.
with all student focussed administrative
well-trained medical graduates who will
services in one convenient location. The
contribute greatly to the provision of Another significant benefit for our
relocation of various services allowed
students this year was a major upgrade
high quality health services in Australia.
vacated areas in the University Centre to
of the John and Alison Kearney Law

be returned to teaching space, adding an
Library - now one of the largest
It was very pleasing indeed that the
extra ten classrooms.
academic law libraries in Queensland.
importance of our new model of medical
Federal Attorney-General, The Hon
education was recognised and endorsed
Philip Ruddock, officially opened the A Blackboard project team commenced
at both the State and Australian
newly-refurbished facility in March in 005, and has been working on
Government levels. Both have committed
and students have since been enjoying implementing a web based learning
very significant capital funding to
wireless access for laptop computers, platform - iLearn@Bond. This important
Bond University to support the medical
more computer workstations, more enhancement of our state-of-the-art
program and I would like to recognise
areas for group study and the new Law teaching facilities and equipment will be
the enormous amount of work that our
Postgraduate Research Centre. launched for use by staff and students in
Chancellor, Mr Trevor C Rowe AM, has
The library is named in honour of QC mid 006.
done in facilitating this funding.
and Honorary Doctor of the University,

John Kearney AM and his wife Alison, ‘BRINGING AMBITION TO LIFE’
In other areas of the University,
detailed consideration and consultation who have both made very significant A new Director of Marketing and Student
with industry resulted in the Faculty contributions to the University since it Recruitment, alumnus Andrea Harcourt,
of Information Technology being opened in 1989. commenced in January, and following
incorporated as a School within the a detailed review of our marketing
Faculty of Business. Employers told Our Law students can also look forward approach, an updated branding
us that they need highly trained IT to the expanded study facilities that campaign, ‘Bringing Ambition to Life’ was
professionals with business training who will be available in the new Legal Skills launched. It is very pleasing indeed that
are prepared to step up into the upper Centre, due to commence construction this new campaign has been extremely
echelons of corporate management and in 006. This building will adjoin the well received by potential undergraduate
the move was immediately endorsed current Law Faculty and provide cutting and postgraduate students as well as the
by business leaders and organisations edge technology and specially designed wider community.
across Australia. teaching spaces for skills such as dispute
resolution, negotiation and mooting;
Further expansion of the Faculty of all of which will ensure that Bond Law THE BOND COMMUNITY
Business included the introduction of a maintains its national and international It is with great sadness that I record the
new School of Sustainable Development. recognition as one of the top three Law passing of six outstanding members and
Bond University is situated in a rapidly faculties in Australia. supporters of the Bond community. Brian
developing region of Australia and the and Kathy Ray and Dick Newton, and
University has recognised the need for The Faculty of Humanities and Social staff members Maggie Grey, Maree Hall
comprehensive education to encourage Sciences has also had an outstanding and Paul Johnson passed away during
and enhance the development of year. Highlights included the success 005. They were all wonderful people
sustainable communities. The vision of the Centre for Film, Television and and are all greatly missed.
8 BOND UNIVERSITY ANNUAL REPORT 005
I would also like to place on record, both Finally, I thank my colleagues in the
personally and on behalf of the whole Senior Management Group: The Deans
University community, very sincere and Directors, the Chair of the Academic
appreciation to our Chancellor, Mr Senate, Professor Laurence Boulle, all
Trevor C Rowe AM, for his enormous the other teaching, research and general
contribution to the success of the staff and contractors, the members of
University. Despite his extensive business the Student Council and all the students,
and personal commitments, he always the volunteers and the other members
has time for the University and both he of the Bond community for their support
and his wife Julie are great friends and for both the University and for me
supporters of Bond. personally, and for their boundless
enthusiasm and commitment to quality
I also express my appreciation to my higher education. I especially recognise
colleagues on the University Council my office staff, Hayley Orevich and
for their wise counsel and their solid Rachel Irving.
support and passion for the University.
It is not widely recognised that all of my It is a real pleasure sharing the Professor Robert L Stable –
colleagues on the University Council, vision and the dream that is Bond Vice-Chancellor & President
including the Chancellor, serve the University with such a great team MBBS Qld., MHP NSW., DUni Qld.UT, FRACGP,
University in a voluntary, unpaid capacity as the Bond community. FRACMA, FCHSE, FAIM, FAICD
in order to ensure the success of our
not-for-profit institution. We are very
fortunate indeed to have such highly
recognised and successful leaders in
the Australian community prepared to
contribute to the University as members
of the Council.

BOND UNIVERSITY ANNUAL REPORT 005 9