Te Pūkenga deficit blows out again
Stuff reports:
Mega-polytechnic Te Pūkenga New Zealand Institute of Skills and Technology is expected to report an $86 million deficit, up $23m on the previous forecast.
During question time on Thursday evening, Education Minister Jan Tinetti said the draft deficit for Te Pūkenga for 2022 was now at $86m.
Last year, the Tertiary Education Union called on the Government to act after chief executive Peter Winder announced a forecast $63m deficit for 2022 – something he described as “clearly unsustainable”.
The Hipkins legacy in education is going to the worst of any education minister since Merv Wellington!