The New Zealand Government has announced that from 2012 the tertiary-education funding scheme will be changed to reflect the academic performance of institutions and not just their enrollment numbers. In Government statement released March 10th, Steven Joyce, New Zealand Tertiary Education Minister, announced that the funding that tertiary institutions receive in 2012 will be based on their academic performance of 2010. Dr Roy Sharp, Chief Executive of the Tertiary Education Commission (TEC), confirmed that from July 2010 the academic information of each ... Read More

On March 7th the New Zealand Government revealed that over the month of February the number of individuals on the Unemployment benefit had dropped by 4 224, the largest decrease since the beginning of the recession. In a statement, Paula Bennett, Social Development Minister of New Zealand, announced that the number of individuals receiving any type of benefit in New Zealand has seen a 10 816 person drop, while the number of Unemployment Benefit recipients has fallen by 4 224. According to Paula Bennett, ... Read More

In its latest Tax Outturn report, the New Zealand Government has revealed that the total unconsolidated tax revenues for the seven months to January 2010 were 9 percent lower than the same period last year, and 0.1 percent below previous forecasts. On March 5th the New Zealand Government made public its Tax Outturn data for the seven months to January 2010, which it claimed is one of the earliest indicators available to judge the economic conditions of the country. The data shows that ... Read More