The University of Newcastle is facing a leadership crisis as two senior executives, Chief Financial Officer Paul McCubbin and Chief Operating Officer David Toll, have resigned. This comes on the heels of the resignation of two deputy vice-chancellors last year, causing a sense of instability among staff. The situation has sparked a debate about the revolving door of executives at the university, with Professor Terry Summers of the National Tertiary Education Union criticizing the frequent changes. The resignations coincide with a state inquiry into the university sector, where McCubbin and Toll were questioned about financial decisions and the university's Business Improvement Program. The inquiry also highlighted concerns about stress and workload pressure among staff. The university's response to the inquiry has been met with skepticism, as it coincides with a challenging time for staff due to restructuring and job cuts. The leadership changes have raised questions about the stability and direction of the university, with some staff feeling uncertain about the future. The university's response to the inquiry and the resignations has sparked a broader discussion about the challenges facing higher education institutions and the need for stable and effective leadership.