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

 


Value of international education continues to grow

Hon Steven Joyce
Minister for Tertiary Education, Skills & Employment

30 September 2013

Value of international education continues to grow

The value of international education to the New Zealand economy continues to grow with a new report released today showing it contributed $2.6 billion and 28,000 jobs in 2012/13.

The Economic Impact of International Education 2012/13 report by Infometrics and commissioned by Education New Zealand, shows the valuation of international students studying in New Zealand was $2.5 billion and the sale and delivery of New Zealand’s education services and products offshore was $104 million.

“This is a very pleasing result which shows the value of international education increased by around $100 million, or 3 per cent, compared to 2008,” Tertiary Education, Skills and Employment Minister Steven Joyce says.

“This is despite a fall in international student enrolments in New Zealand over that period due to the impacts from the Global Financial Crisis and the Christchurch Earthquakes.”

The report illustrates the significant role of Auckland in international education. As the most popular destination for international students, student spending generated $1.65 billion for Auckland’s economy, followed by $195 million for Canterbury, $177 million for Wellington, $165 million for Otago and $152 million for Waikato.

Economic contribution by sector was led by universities at $901 million, followed by private training establishments at $583 million. International students in New Zealand schools contributed $361 million to the economy, English language schools contributed $343 million, and Institutes of Technology contributed $304 million.

“International students are vital to New Zealand, both in terms of their economic contribution they make while they are studying in our country, and as ambassadors for New Zealand when they return home,” Mr Joyce says.

“International education is a very significant export earner for New Zealand and a key contributor to the strength of our international linkages.

“As part of Budget 2013, the Government is investing an additional $10 million a year over the next four years in marketing and promoting New Zealand’s international education industry, as the country targets doubling the value of international education to $5 billion by 2025.”

A copy of the report and an infographic of key findings can be found at: www.educationnz.govt.nz/markets-research/general-research.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

AMA: Scoop's 'Invisible Paywall'

Operation Chrysalis: The Final Countdown - Thanks & There's Still Time To Pledge

Phew! We are now counting down the hours to the end of this crowd-funding campaign at 11pm on Sunday. Thankyou to all those Scoop readers and supporters who have pledged already. You have been awesome. But this is not over yet. More>>

 
 

PARLIAMENT TODAY:

IPCA Reports: Significant Problems In Police Custody

In releasing two reports today, the Independent Police Conduct Authority has highlighted a number of significant problems with the way in which Police deal with people who are detained in Police cells. More>>

ALSO:

Inspector-General of Intelligence and Security: Inquiry Into GCSB Pacific Allegations

The complaints follow recent public allegations about GCSB activities. The complaints, and these public allegations, raise wider questions regarding the collection, retention and sharing of communications data. More>>

ALSO:

TPPA Investment Leak: "NZ Surrender To US" On Corporates Suing Governments

Professor Jane Kelsey: ‘As anticipated, the deal gives foreign investors from the TPPA countries special rights, and the power to sue the government in private offshore tribunals for massive damages if new laws, or even court decisions, significantly affected their bottom line’. More>>

ALSO:

Werewolf: The Myth Of Steven Joyce

Gordon Campbell: The myth of competence that’s been woven around Steven Joyce – the Key government’s “Minister of Everything” and “Mr Fixit” – has been disseminated from high-rises to hamlets, across the country... More>>

ALSO:

RMTU: No Public Submissions On International Government Procurement Deal

“The government is preparing to assent to the Government Procurement Agreement, a World Trade Organisation Treaty which opens up New Zealand Government contracts to foreign companies and closes the door on local businesses and their workers. However the Foreign Affairs, Defence and Trade Select Committee is refusing to take public submissions on the decision.” More>>

ALSO:

Gordon Campbell:
On Pacific Spying

So New Zealand spied on its friends and allies in the Pacific – and has not only been passing on the results to the NSA, but has apparently passed on the details of the Pacific’s relations with Taiwan to our other best friends, the Chinese. On the side, the Key government has also been using the security services to gauge the chances of Trade Minister Tim Groser landing the top job at the WTO... More>>

ALSO:

State Housing Transfer: Salvation Army Opts Out

The Salvation Army has decided against negotiating with Government for the transfer of Housing New Zealand stock.
More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news