Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Budget: 2005: Tertiary Overview

19 May 2005

Tertiary Overview

Hon Trevor Mallard Minister of Education

Tertiary education funding switches to quality Tertiary education initiatives in Budget 2005 will strengthen the quality and relevance of tertiary teaching, learning and research in New Zealand, Education Minister Trevor Mallard announced today.

"In previous budgets we have focused on putting in place the tertiary education system reforms. We are concentrating now on lifting quality and relevance throughout the sector, in line with the Statement of Tertiary Education Priorities for 2005-07," Trevor Mallard said.

The government is investing an additional $341.3 million over the next four years across the tertiary sector, including a further $44.6 million over the next four years to expand Modern Apprenticeships and industry training (see separate statement). Total spending on tertiary education in 2005-06 will be $2.85 billion, an increase of 68 per cent since 1999.

"The new funding this year includes additional money for the Performance-Based Research Fund, which supports world-class research. Top quality research at tertiary level is vital to this country’s economic and social development and sustainable growth. The fund will increase by $75.5 million over the next four years, raising it to $193.7 million by 2008-09."

Other important elements of the tertiary education budget are: $132.7 million from Budget 2005 and previous budgets will go to increasing the funding rates for strategically relevant subject areas, including science, trades, technical subjects, agriculture and horticulture.

The new rates, which follow a review of funding categories, are set out on www.tec.govt.nz Student component funding rates will increase by 2.6 per cent to reflect inflation and these rates will be rolled out for a further year to 2009.

This is additional to the funding category review allocation. An additional $57 million over four years will improve the tertiary student support system, including $13 million for the new bonded merit scholarships

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news