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 education has occurred in America and Britain, and Australia may also experience repercussions in the areas of teaching and learning. It is suggested that higher education is likely to experience little growth over the next decade or two, a development that raises two major problems: lack of funds and lack of staff mobility in higher education. The cost of maintaining higher education increases annually, and somewhere over 85 percent of the cost of running a university is taken up by paying salaries. Types of actions pertaining to salaries that may be undertaken to meet financial problems are noted. The most difficult prospect for academic staff to face will be the significant decrease in mobility. Mobility will be restrained by lack of growth in all sections of higher education, by the relative youth of persons in senior academic positions, and by the blocking of promotion prospects through the aggregation of staff at the top rung of each salary range. Possible remedies include the following: early retirement, fractional appointments, retrenchment, retraining, flexible ranking, and protected positions. The need for administrators to take a more active stance toward the future is stressed. (SW)