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Salient: Victoria University Students' Newspaper. Vol. 24, No. 9. 1961
[introduction]
Saturday, June 10, went without a hitch. The three or four hundred present did not even notice the only stunt arranged. The bell on the alarm clock was too quiet.
For an hour we shivered on the drive between Hunter and the Sub. An official party shivering even more on a specially built dais faced up and one by one some spoke to us.
Speaking as chairman Dr. Lynch (the pro Chancellor) outlined the history of our new buildings. He emphasised that a Student Union building was just as much a necessity as laboratories and lecture rooms. Surprisingly, yet maybe he was right, he commented that there was considerable achievement in finishing the building so quickly. The following figures were quoted:
£285,000, total cost; £100,000, original estimate; £94,000, contributed by students (applause); £44,000 of this in cash; £50,000, a loan to be paid off in the future by student levies; £170,250, Government subsidy; the balance—donations.
The 1960 furnishings fund appeal with its target of £15,000 had been subscribed so far to the extent of £14,500.