London Economics were commissioned by the Group of Eight universities in Australia to undertake an analysis of the economic contribution of their members universities to the Australian economy.

The analysis focused on the 2016 academic year, and estimated the impact associated with the universities’ world-class research, the direct, indirect and induced impacts of the institutions’ expenditures, educational exports and the impact of teaching and learning activities.

The analysis estimated that the total impact of the Group of Eight universities stood at AUD$66.4 billion in 2016.