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===21st century=== [[File:View from end of wally's walk.JPG|thumb|''Wally's Walk'']] [[Steven Schwartz (vice-chancellor)|Steven Schwartz]] replaced Di Yerbury as vice-chancellor at the beginning of 2006. Yerbury's departure was attended with much controversy, including a "bitter dispute" with Schwartz, disputed ownership of university artworks worth $13 million and Yerbury's salary package.<ref name="theaust">{{cite news| url=http://www.theaustralian.news.com.au/story/0,20867,21336766-12332,00.html | archive-url=https://archive.today/20121215173600/http://www.theaustralian.news.com.au/story/0,20867,21336766-12332,00.html | url-status=dead | archive-date=15 December 2012 | work=The Australian | first=Brendan | last=O'Keefe | title=Schwartz outlines cultural overhaul | date=7 March 2007}}</ref><ref>{{cite news | url=https://www.smh.com.au/news/national/yerbury-wont-donate-artworks/2007/02/09/1170524303925.html | work=The Sydney Morning Herald | title=Yerbury won't donate artworks | date=10 February 2007 | access-date=20 February 2020 | archive-date=20 June 2018 | archive-url=https://web.archive.org/web/20180620181231/https://www.smh.com.au/news/national/yerbury-wont-donate-artworks/2007/02/09/1170524303925.html | url-status=live }}</ref> In August 2006, Schwartz expressed concern about the actions of Yerbury in a letter to university auditors.<ref>{{cite news | url=https://www.smh.com.au/pdf/schwartz.pdf | title=6 August 2006 | newspaper=The Sydney Morning Herald | access-date=20 February 2020 | archive-date=24 September 2015 | archive-url=https://web.archive.org/web/20150924220509/http://www.smh.com.au/pdf/schwartz.pdf | url-status=live }}</ref> Yerbury strongly denied any wrongdoing and claimed the artworks were hers.<ref name="theaust"/><ref>{{cite news | url=https://www.smh.com.au/pdf/nudebackside.pdf | title=Macquarie University | newspaper=The Sydney Morning Herald | access-date=20 February 2020 | archive-date=24 September 2015 | archive-url=https://web.archive.org/web/20150924220502/http://www.smh.com.au/pdf/nudebackside.pdf | url-status=live }}</ref><ref>{{cite web|title=They call her the grand dame of Sydney's Macquarie University but as Di Yerbury left her post as Vice Chancellor, controversy descended.|url=http://www.abc.net.au/sundayprofile/stories/s1847798.htm|publisher=ABC|access-date=5 March 2008|archive-date=11 August 2010|archive-url=https://web.archive.org/web/20100811073833/http://www.abc.net.au/sundayprofile/stories/s1847798.htm|url-status=live}}</ref> During 2007, Macquarie University restructured its student organisation after an audit raised questions about management of hundreds of thousands of dollars in funds by student organisations<ref name="audit">{{cite news |url=http://www.theaustralian.news.com.au/story/0,20867,21668934-2702,00.html |title=Uni student fund audit sparks probe |date=4 May 2007 |access-date=4 May 2007 |work=The Australian |first=Bernard |last=Lane |archive-date=30 August 2007 |archive-url=https://web.archive.org/web/20070830183225/http://www.theaustralian.news.com.au/story/0,20867,21668934-2702,00.html |url-status=dead }}</ref> At the centre of the investigation was Victor Ma, president of the Macquarie University Students' Council, who was previously involved in a high-profile case of student election fixing at the [[University of Sydney]].<ref>{{cite news|url=http://digest.idmedia.org.au/2004/29octb.html |title=SUPRA: Stupid Unaccountable Postgraduate Rip-off Association |date=29 October 2005 |access-date=10 June 2007 |publisher=The News Digest |url-status=dead |archive-url=https://web.archive.org/web/20070423105404/http://digest.idmedia.org.au/2004/29octb.html |archive-date=23 April 2007 }}</ref> The university Council resolved to immediately remove Ma from his position. Vice-chancellor Schwartz cited an urgent need to reform Macquarie's main student bodies.<ref>{{cite web|url=http://www.pr.mq.edu.au/events/index.asp?ItemID=2908 |title=Macquarie University responds to mismanagement within its student organisations |date=4 May 2007 |access-date=10 June 2007 |publisher=Macquarie University β Public Relations and Marketing Unit |url-status=dead |archive-url=https://web.archive.org/web/20071114053034/http://www.pr.mq.edu.au/events/index.asp?ItemID=2908 |archive-date=14 November 2007 }}</ref> However, Ma strongly denied any wrongdoing and labelled the controversy a case of 'character assassination'.<ref>{{cite news |url = https://www.smh.com.au/news/national/uni-sacks-student-union-head/2007/05/04/1177788400626.html |title = Uni sacks student union head |date = 5 May 2007 |access-date = 10 June 2007 |work = The Sydney Morning Herald |archive-date = 14 October 2007 |archive-url = https://web.archive.org/web/20071014002024/http://www.smh.com.au/news/national/uni-sacks-student-union-head/2007/05/04/1177788400626.html |url-status = live }}</ref> The Federal Court ordered on 23 May 2007 that Macquarie University Union Ltd be wound up.<ref>{{cite news |url = http://www.austlii.edu.au/au/cases/cth/federal_ct/2007/844.html |title = Macquarie University v Macquarie University Union Limited (No 2) [2007] FCA 844 |date= 23 May 2007 |access-date =25 January 2008 |publisher=Commonwealth of Australia and Federal Court of Australia }}</ref> Following the dissolution of Macquarie University Union Ltd, the outgoing student organisation was replaced with a new wholly owned subsidiary company of the university, known as U@MQ Ltd. The new student organisation originally lacked a true student representative union; however, following a complete review and authorisation from the university Council, a new student union known as Macquarie University Students Association (MUSRA) was established in 2009.<ref>{{cite web|url=http://www.campuslife.mq.edu.au/media/11603/musra%20charter_final_24jun09.pdf|title=MUSRA Charter|author=MUSRA|access-date=5 July 2011|archive-date=7 April 2011|archive-url=https://web.archive.org/web/20110407095610/http://www.campuslife.mq.edu.au/media/11603/musra%20charter_final_24jun09.pdf|url-status=live}}</ref> [[File:Mquarie.JPG|left|thumb|Parklands at the university]] Within the first few hundred days of Schwartz's instatement as vice-chancellor, the 'Macquarie@50' strategic plan was launched, which positioned the university to enhance research, teaching, infrastructure and academic rankings by the university's 50th anniversary in 2014. Included in the university's plans for the future was the establishment of a sustainability office in order to more effectively manage environmental and social development at Macquarie. As part of this campaign, in 2009 Macquarie became the first [[Fair trade certification|Fair Trade]] accredited university in Australia.<ref>{{cite web|url=http://www.mq.edu.au/sustainability/fairtrade.html|title=Fair Trade β Macquarie University|access-date=6 July 2011|archive-date=1 August 2011|archive-url=https://web.archive.org/web/20110801093317/http://www.mq.edu.au/sustainability/fairtrade.html|url-status=live}}</ref> The beginning of 2009 also saw the introduction of a new logo for the university which retained the Sirius Star, present on both the old logo and the university crest, but now 'embedded in a stylised lotus flower'.<ref>{{cite web|url=http://www.mq.edu.au/advancement/pdfs/matters/mq-matters.20090313.pdf |title=A new logo ... |date=20 December 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110305070235/https://www.mq.edu.au/advancement/pdfs/matters/mq-matters.20090313.pdf |archive-date=5 March 2011 }}</ref> In accordance with the university by-law, the crest continues to be used for formal purposes and is displayed on university testamurs. The by-law also prescribes the university's motto, taken from Chaucer: 'And gladly teche'. In 2013, the university became the first in Australia to fully align its degree system with the [[Bologna Accord]].<ref name="smhhonours"/><ref name="theaustralianhonours"/><ref name="postgraduate"/> {{clearleft}}
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