Te Pukenga - New Zealand Institute of Skills and Technology 2025 AR2
The report outlines the 2025 performance of the New Zealand Institute of Skills and Technology (NZIST) during a transitional year preparing for disestablishment. Despite sector changes, the institute successfully delivered vocational training to 215,000 learners and achieved record course completion rates of 82.7%. Financially, NZIST recorded an overall deficit of $22.3 million, driven by significant unbudgeted disestablishment costs, despite a $58.1 million surplus in its education and training output. Additionally, learner satisfaction and well-being scores exceeded targets, and equity gap reductions of 4-6% were achieved for Maori and Pacific learners.
Company: Te Pukenga - New Zealand Institute of Skills and Technology
Sector: Education
Country: New Zealand
Year: 2025
Type: AR2
Pages: 112
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Te Pukenga - New Zealand Institute of Skills and Technology
Annual Report
The report outlines the 2025 performance of the New Zealand Institute of Skills and Technology (NZIST) during a transitional year preparing for disestablishment. Despite sector changes, the institute successfully delivered vocational training to 215,000 learners and achieved record course completion rates of 82.7%. Financially, NZIST recorded an overall deficit of $22.3 million, driven by significant unbudgeted disestablishment costs, despite a $58.1 million surplus in its education and training output. Additionally, learner satisfaction and well-being scores exceeded targets, and equity gap reductions of 4-6% were achieved for Maori and Pacific learners.
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Document Details
Report Year
2025
Reporting Period
Jan 1, 2025 - Dec 31, 2025
Fiscal Year
2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available