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

December interest rate cut uncertain: Fed governor
Finance

December interest rate cut uncertain: Fed governor

Lisa Cook says the timing of further reductions will depend on new data.

Bayly to banks: ‘Just get on with it’
Finance

Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly is impatient for the changes needed to improve competition.

Ben Moore 20 Nov 2024
‘Regulatory failure’ let NZ’s payments fall behind
Finance

‘Regulatory failure’ let NZ’s payments fall behind

NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.

Ben Moore 19 Nov 2024