The 10 public universities in New South Wales, Australia, are recovering financially after suffering severe investment losses during the global economic crisis, reports The Sydney Morning Herald. According to a report by the state’s auditor general, the investment assets of the University of Sydney, for example, rose $43-million last year to $800-million, in U.S. dollars. Despite that, the auditor general warns that investment gains could be fleeting, with institutions that have overseas operations or are building new facilities facing the biggest risk.