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Source: Tertiary Education Commission

Funding allocations and final funding
While we determine most funding allocations before the start of the calendar year, funding changes are made during the year. These include:
new allocations
changes to existing allocations
performance adjustments
recoveries for under-delivery. 
The information provided in each update of the All Grants Provider Funding Spreadsheet reflects these changes until the allocation of funds and the recoveries for a particular year are complete.
Funding across the tertiary sector varies across years. In most instances these variations are due to funding adjustments, mergers or where funds end or are amalgamated.We’ve carried out a number of focused reviews of providers. In some cases, these reviews have resulted in recovering funding back to 2009. As these adjustments are made, they can potentially impact funding across all the years being reported.
Funds yet to be allocated or where a reallocation is anticipated
More allocations are expected in June 2022 to reflect 2021 wash ups and 2022 allocation.

MIL OSI