Red flags raised over government-funded school

Red flags raised over government-funded school
Developers Institute's Ruth Green-Cole and George Norris. (Image: Supplied)
Riley Kennedy
Shareholders enrolled as students, incorrect reporting of critical data, scholarship paperwork nowhere to be found and offer-of-place letters missing key details.These were just some of the problems a Tertiary Education Commission (TEC) audit of private, online educator Developers Institute picked up in March last year. It also found other “major issues” as it warned student outcomes could be impacted and crown funding put at risk.Nearly 18 months later, after TEC believed the provider was becoming a “financial and reputationa...

More Finance

FNZ employee shareholders stake claim at $7.7b
Finance

FNZ employee shareholders stake claim at $7.7b

The claim has been lodged in the High Court at Wellington.

Victoria Young 29 Jul 2025
FMA warns lenders on mortgage fraud
Finance

FMA warns lenders on mortgage fraud

The FMA sees dangers for borrowers if lenders aren't vigilant.

Staff reporters 25 Jul 2025
‘Teflon Man’ Neil Quigley’s next big job
Finance Analysis

Pattrick Smellie: ‘Teflon Man’ Neil Quigley’s next big job

Is the RBNZ lining up a Canadian replacement for Adrian Orr?

Pattrick Smellie 23 Jul 2025