Image: Michal Klajban [CC BY-SA 4.0], via Wikimedia Commons
Annual reports detail another difficult year for New Zealand’s higher education sector
Leading New Zealand universities have reported deficits for the most recent financial year and are tightening their belts in response.
Massey University (pictured) recorded a deficit of NZ$41.4 million in 2023, having expected a surplus of NZ$2.9m.
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