Chris Whelan: Universities NZ CEO says $28 million university support package won't completely stop job cuts
The Government's cash injection to tertiary providers isn't a get-out-of jail-free card for struggling universities - but very welcome.
It's promising $128 million over the next two years to lift tuition subsidies an extra four percent, at degree-level and above.
The package follows both Otago and Victoria universities proposing job and subject cuts to plug funding holes.
Universities NZ Chief Executive Chris Whelan says the funds won't fix all their budget deficits and some roles will still have to go.
"It's a very useful contribution, it'll certainly get rid of some of the more extreme cuts."
A sector funding review will also take place.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.