Mixed fortunes for ‘high risk’ universities

Victoria University of Wellington posted an $8.4m operating surplus in 2023. (Image: NZME)

Thu, 25 Apr 2024

There was a stark difference in the performance last year of the two universities that the Tertiary Education Commission considered ‘high risk’.Victoria University of Wellington (VUW) outperformed its projections of a $33 million deficit and posted an $8.4m operating surplus for the year ending Dec 31, 2023. It reported a $16.3m deficit in 2022.Meanwhile, Massey University has reported an operating deficit of $41.4m for the year ending December 31, 2023. This was a more than fourfold increase from a 2022 deficit of $8.8m.VUW&rs...

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