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Massey Uni expects $41 million deficit for 2023

Morning Report

English - February 20, 2024 19:21 - 4 minutes - 3.84 MB - ★★★★ - 11 ratings
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Massey University expects to chalk up a $41 million deficit for 2023.
It's lower than previously forecast and includes $19 million in redundancy costs, but the institution is likely to make two more annual losses before breaking even in 2026 and making a surplus in 2027.
Education correspondent John Gerritsen spoke to Ingrid Hipkiss.