Intueri says Tertiary Education Commission review may dent 2015 earnings by $5M

Sun, 22 Nov 2015

By Tina Morrison Nov. 23 (BusinessDesk) - Intueri Education Group, New Zealand's largest private training institution, said the Tertiary Education Commission is reviewing funding at two of its schools, which could reduce 2015 earnings by between $4 million and $5 million. The TEC will be undertaking reviews of Intueri’s Quantum Education Group and its New Zealand School of Outdoor Studies, known as its Dive School, the Auckland-based company said in a statement. As a result, Intueri will reinstate a $1.1 million provision for reimburse...

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