Te Pūkenga faces record deficit as chief executive departs
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English - December 18, 2023 18:48 - 2 minutes - 2.64 MB - ★★★★ - 11 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Te Pūkenga has announced the departure of its chief executive Peter Winder as it heads for its biggest deficit yet.
A document obtained by RNZ shows it is expecting to lose about $93 million this year thanks to $100 million profit from work-place learning and a $185 million loss from its 16 polytechnics.
It says that's due to plunging enrolments and a skewed funding system.
Education correspondent John Gerritsen spoke to Charlotte Cook.