Many Australian universities have risen in the latest global rankings, but a few have slid down. Photo: Bianca De Marchi/AAP PHOTOS

University of Melbourne has retained its position as the top-rated Australian institution for the 16th consecutive year, in the latest world rankings.

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It ranked 37th, up two places on last year's results, while the University of Sydney moved up eight places to joint 53rd.

Adelaide University is the only newcomer in the Oceania region, ranked at joint 176th. It is a merger of the University of Adelaide and the University of SA and officially opens its d

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