Issues of early retirement of college and university faculty are examined as they relate to Australia's aging faculty population, and the conditions necessary to promote early retirement successfully in this context are considered. (MSE)

The author outlines the dimensions of the retirement boom in Australia and the cost implications of the changing population structure. He also discusses preretirement education (PRE) in Australia and the centralized information and planning of PRE. Finally, he uses American data to provide market background for a discussion of new activities. (CT)

Discusses the problems associated with reduced availability of paid work due to technological advances and the diminishing supply of labor as living standards rise and people choose early retirement. (JOW)

Consideration of a wide variety of options in maximizing income and controlling expenditures is recommended for Australian universities. Although marketing, fund raising, investment, and other income-producers are possibilities, tight control of expenditures is seen as the most effective retrenchment strategy. (MSE)

Problems of "steady state" institutions and techniques of management that have implications for Monash University, Australia are considered. The term "steady state" is used to indicate a lack of additional funds being injected into the system to promote growth and/or development. A trend toward public accountability in higher…