Economy

BUDGET 2019: Govt redirects $197M fees-free underspend to vocational training

Pattrick Smellie
Tue, 14 May 2019

By Pattrick Smellie May 14 (BusinessDesk) - Fewer students than expected have taken up the government's offer of free fees for tertiary education, allowing nearly $200 million over four years to be redirected into a revamp of vocational skills training, Finance Minister Grant Robertson said in his first major speech ahead of the May 30 Budget. Dubbed the 'well-being' Budget because of its new focus on policies that should improve individual and social well-being as much as economic growth, Robertson announced that at least some new initia...

Unlock all stories
free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
Comprehensive business and markets coverage
News via email, web and Apple/Android apps

Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Find out more

Subscribe now

Name

E-Mail Address

Password

Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Confirm Password

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Cardholder's Name

Card

You will be charged in 10 days unless you cancel beforehand. We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service {{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Or Subscribe with Google

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Law & Regulation FREE

Cigna admits to wrongly lifting customers' cover and premiums

Ella Somers | Wed, 10 Aug 2022

Cigna Life Insurance has admitted to misleading more than 52,000 customers.

Listed Companies

ASX company assures it was aware of risks in buying TTR

Greg Hurrell | Wed, 10 Aug 2022

Three days after Australian mining company Manuka Resources Limited announced it was acquiring Trans-Tasman Resources Limited, a private members bill that could scupper its seabed mining hopes was drawn from the ballot.

Listed Companies

Millennium & Copthorne Hotels targets annual profit as pandemic bites

Riley Kennedy | Wed, 10 Aug 2022

The hotel operator recorded a net profit of $15.4 million for the six months to June 30.

BUDGET 2019: Govt redirects $197M fees-free underspend to vocational training

Subscribe now

Or Subscribe with Google

Not convinced yet?

Your company has a subscription

Team