The Vice-Chancellor of Victoria University says its financial problems are growing all the time and it has no choice but to slash jobs and cut courses.
The University has announced plans to axe 229 full-time equivalent jobs in a bid to halt losses of 33 million dollars a year.
There is also suggestions entire subjects including secondary teaching, German, Italian, Latin, tourism management, design technology, and geophysics will go.
It has has shocked and angered staff.
Vice-Chancellor of Victoria University, Professor Nic Smith spoke to Corin Dann.