Business of Government: Te Pūkenga breaches covenants, Aussies slam procurement panels and more...

Business of Government: Te Pūkenga breaches covenants, Aussies slam procurement panels and more...
Te Pūkenga faces “further challenges in 2023', the annual report warns. (Image: Te Pūkenga)
Jem Traylen
Te Pūkenga breaches banking covenantsThe complexity and financial tightrope being walked through in the polytechnic mega-merger is writ large in new entity Te Pūkenga – New Zealand Institute of Skills and Technology’s recently filed annual report.The accounts, which the Audit Office “tagged” with a “qualified opinion” disclosed that the organisation breached its banking covenants for the second year running.None of this matters as much for a crown entity as it would for a private business since, in the end, t...

More Policy

Govt says university reform process is still on track
Policy

Govt says university reform process is still on track

Many university academics are wondering what happened to the Government's advice.

Bishop 'exploring options' to refresh critical freight study
Policy

Bishop 'exploring options' to refresh critical freight study

The study was last updated using data from 2017 and 2018.

Oliver Lewis 28 Jul 2025
Fast-track legal fight over Tauranga wharf extension
Policy

Fast-track legal fight over Tauranga wharf extension

Bay of Plenty hapū seek High Court intervention to stop expert panel being set up.

Oliver Lewis 23 Jul 2025
Contractor costs climb as Scott Base spend tops $143m
Policy

Contractor costs climb as Scott Base spend tops $143m

Antarctica NZ spent $9.3m on contractors in five months this year.

Oliver Lewis 21 Jul 2025