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


Minister for Tertiary Education, Skills and Employment

Hon Steven Joyce

Minister for Tertiary Education, Skills and Employment

24 May 2012

$159m to strengthen higher-level tertiary education

Budget 2012 commits $158.9 million over four years to invest in engineering, science, and research-led learning in our tertiary institutions, Tertiary Education, Skills and Employment Minister Steven Joyce says.

“New Zealand has an under-supply of engineers and we are training about only half the number we require,” he says.

“We also need to increase our investment in training scientists to help fuel the innovation required to grow the economy. The Budget addresses these issues by increasing funding for tuition subsidy rates in engineering and science programmes.”

New initiatives over the next four years include:

• Additional $42 million operating funding for engineering (an 8.8 per cent funding increase per equivalent fulltime student).
• Additional $17 million operating funding for science (a 2 per cent funding increase per equivalent fulltime student).
• $100 million operating funding to increase the size of the Performance-Based Research Fund from $250 million to $300 million a year by 2016. This funding is part of a wider increase in Government investment in science, innovation, and research of $326 million in Budget 2012.

“An 8.8 per cent funding increase for engineering is about encouraging our tertiary institutions to focus on growing the number of engineering graduates,” Mr Joyce says. “This will also complement the Government’s investment in the new Advanced Technology Institute.

“The increase in funding for science provision and the Performance-Based Research Fund recognises how vital science and research is to innovation and, in turn, to stronger economic growth.

“The reality is, if we want faster economic growth for our country then we must invest in areas that will help grow the economy. To retain our competiveness internationally, we need increased investment in engineering, science, and research.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Zimbabwe: New Democracy, Or A False Dawn?

Gordon Campbell: Robert Mugabe = Hosni Mubarak. The current jubilation on the streets of Harare at the fall of Zimbabwe’s dictator Robert Mugabe is genuine, and one hates to be negative about the country’s future. Yet the situation is eerily similar to the scenes in Cairo in early 2011, when a popular uprising swept Hosni Mubarak from power in Egypt. More>>


Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>


Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>


Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>


Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>


Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

Speaking Of Transport: Public Engagement On Wellington Scenarios

“Our work on possible solutions for Wellington’s transport future is ongoing, but has progressed to the stage where we’re ready to share our ideas with the public and seek their feedback to help guide our next steps...” More>>





Featured InfoPages

Opening the Election