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

 


Zero fees across NZ for tertiary education

Zero fees across NZ for tertiary education


“In the next three year term, the NZ Independent Coalition plans to implement the successful zero-fees model at Bay of Plenty Polytechnic and Waiariki Institute of Technology.

“The successful Southland zero-fees model can be replicated in our region and will be a boon to the economy,” said leader Brendan Horan, speaking at a student forum at Bay of Plenty Polytechnic today.

“NZ Independent Coalition is committed to moving towards a zero-fees model for tertiary education throughout New Zealand, saving students up to $15,000 over a Bachelor of Commerce degree.

“It is wrong that students are loaded with a mortgage-size debt, and that is why NZ’s newest political entity will also restore a universal student allowance by abolishing the parental income test, and restore postgraduate student allowances,” he said

The Southland Institute of Technology implemented zero-fees over 10 years ago. With seed funding from two local Trusts and the Councils, it rapidly became self-sustaining, with student numbers increasing over 46% and attracting sufficient per-capita Government funding to meet costs. By 2010, the economic impact of zero-fees was over $210 million and contributed over 730 full time equivalent jobs.

The zero-fee model applies to the basic tuition cost for each programme, while students pay direct material costs. For a Bachelor of Commerce degree in Southland, students pay $1,680 over three years and save nearly $15,000.

NZ Independent Coalition plans to overhaul Studylink, abolishing the frustrating bureaucracy and delivering quality frontline services.

Students over 55 years will be able to access student loans for living costs and course-related costs.

Revenue for tertiary education changes can be found in a currently untaxed area of the New Zealand economy - financial transactions. NZ Independent Coalition will look to implement a 0.1% Financial Transaction Tax, following the example of 11 European Union nations lead by France and Germany. An FTT at the modest rate of 0.1% will result in revenue of around $9.5 billion for the people of New Zealand every year. After all, if the financial institutions make their money by clipping the ticket on every transaction, then so too should the Government.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

State Investments Management: Treasury Likes IRD, Not Education Or Corrections

The Inland Revenue Department has scored an 'A' in the first tranche of the Treasury's investor confidence rating for state agencies that manage significant Crown investments and assets, gaining greater autonomy as a result, while the Corrections and Education ministries gained a 'C' rating. More>>

ALSO:

Govt Goal: NZ To Be "Predator Free" By 2050

Prime Minister John Key has today announced the Government has adopted the goal of New Zealand becoming Predator Free by 2050... “That’s why we have adopted this goal. Our ambition is that by 2050 every single part of New Zealand will be completely free of rats, stoats and possums." More>>

ALSO:

Gordon Campbell: On The IOC’s Treatment Of Russian Sport, And Lone Wolf Terrorism

A blanket ban on Russian athletes would also have exposed the IOC to criticism that its treatment of Russia would have been marked contrast to its treatment say, of the track and field team from Kenya – a country about which the IOC has very similar doping concerns. More>>

ALSO:

Sounds Like A Plan: Auckland Council Receives Unitary Plan Recommendations

A key milestone in New Zealand planning history was reached today when the Independent Hearings Panel delivered the reports containing its recommendations on the Proposed Auckland Unitary Plan. More>>

ALSO:

National Park Expansion: Forests And Coast Of Kahurangi Protected

Five parcels of high value land totalling more than 890 hectares have been formally gazetted as part of the National Park. More>>

ALSO:

PPP Go-Ahead: SkyPath Gets Unanimous Support

Auckland’s SkyPath project has been given the go-ahead to be delivered through a public private partnership, after a unanimous decision at today’s Finance and Performance Committee. More>>

ALSO:

Gordon Campbell: On The Reserve Bank, The UN Shortlist, And Trump

Can there really be there any link between the US presidential elections and yesterday’s RBNZ signals on interest rates and the NZ dollar? Well, maybe. And it would be this: the improving US economy is reportedly putting a tailwind behind the US dollar, and rendering the actions of our Reserve Bank virtually irrelevant. More>>

ALSO:

Gordon Campbell: On What John Key Should Be Asking Joe Biden

No doubt, US Vice-President Joe Biden will be updating Prime Minister John Key on the chances of a TPP vote taking place in the ‘ lame duck’ session of Congress that’s held between the November’s election and the inauguration of a new President in January. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news