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

The New Zealand Institute of Economic Research (NZIER) has released its latest report, in which it describes New Zealand’s economic recovery over the upcoming years as “jagged”, along with “bumpy and subdued”. On March 1st, the NZIER released the March 2010 Quarterly Predictions report, which stated that although New Zealand is no longer facing a recession, its economic recovery will be slow and “jagged”. Growth of only 2.7 percent was projected for the 2010 calendar year, and 1.4 percent for 2011. Shamubeel ... Read More