Tough times for universities are forcing them to look at their balance sheet.

Around 230 staff face redundancy at AUT, despite the university having a $12 million surplus last year.

Universities New Zealand Executive Director Chris Whelan says inflation has hit the sector hard.

He told Mike Hosking the lack of international students is also causing dramas. 

Whelan says it will take a while to return to pre-pandemic numbers, if we return there at all.

LISTEN ABOVE

Tough times for universities are forcing them to look at their balance sheet.
Around 230 staff face redundancy at AUT, despite the university having a $12 million surplus last year.
Universities New Zealand Executive Director Chris Whelan says inflation has hit the sector hard.
He told Mike Hosking the lack of international students is also causing dramas. 
Whelan says it will take a while to return to pre-pandemic numbers, if we return there at all.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.