Govt seeks $5 billion from education

Proposed changes to international education could see its value to New Zealand rise to $5 billion.

According to a just-released leadership statement, the increase would happen over the next 15 years as a result of alterations made within the sector.

The leadership statement will be refined and developed over the next 12 months.

Tertiary Education Minister Steven Joyce says the first version of the leadership statement has set “bold aspirations” for desired growth.

The leadership statement includes targets to:

- develop and sustain education relationships with key partner countries in Asia, the Pacific, the Middle East, Europe and the Americas

- increase annual revenues from offshore education providers to at least $0.5 billion

- increase the number of international students enrolled in offshore New Zealand providers from 3,000 to 10,000

- double the number of international postgraduate students from 10,000 to 20,000

- increase the transition rate from study to residence for international university students

- increase New Zealanders’ skills and knowledge to operate effectively across cultures.

According to Mr Joyce, the development of the leadership statement, coupled with the establishment of Education New Zealand – the new Crown Agency set up to oversee and grow the international education sector – will provide a sharper focus and give the sector a real boost.

A PDF of the leadership statement is available from the Ministry of Education website here.

2 · Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

2 Comments & Questions

Commenter icon key: Subscriber Verified

Whoa, watch the lax entry standards, and the flood of those who purchased their English language proficiency grades, and their diplomas.

  • 0
  • 0

The government and especially the TEC has been inept at managing the international student quota for years and the system has been rorted left right and centre. The poor NZ tax payer has subsidised countless international students into qualifications that are in the main useless and so many of them gained PR and are now either on the dole or working under the table in menial jobs. Many fly by night Asian entrepeneurs have got rich because of the bums on seats philosophy of sucessive governments. I have no confidence in any system the government gets involved in for interantional students as they simply do not have the resources to manage them effectively.

  • 0
  • 0

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot


Sym Price Change
USD 0.7327 0.0030 0.41%
AUD 0.9204 0.0000 0.00%
EUR 0.6136 0.0025 0.41%
GBP 0.5420 0.0046 0.86%
HKD 5.7215 0.0264 0.46%
JPY 82.1450 0.0940 0.11%


Commodity Price Change Time
Gold Index 1290.6 -9.820 2017-09-21T00:
Oil Brent 56.1 0.160 2017-09-21T00:
Oil Nymex 50.5 -0.130 2017-09-21T00:
Silver Index 16.9 -0.316 2017-09-21T00:


Symbol Open High Last %
NZX 50 7795.4 7814.8 7795.4 0.25%
NASDAQ 6448.6 6448.6 6456.0 -0.52%
DAX 12569.7 12646.6 12600.0 -0.06%
DJI 22414.0 22419.5 22412.6 -0.24%
FTSE 7263.9 7320.3 7263.9 0.64%
HKSE 27949.8 27960.9 28110.3 -0.82%
NI225 20413.6 20417.1 20347.5 -0.25%
ASX 5655.4 5688.2 5655.4 0.47%