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Student Loans In New Zealand
New Zealand provides student loans and allowances to tertiary students who satisfy the funding criteria. Full-time students can claim loans for both fees and living costs while part-time students can only claim training institution fees. A non-refundable means-tested student allowance for living expenses can be claimed by students who are over 24 years old or whose parents have a low income. This criterion has caused anger among student bodies who point out that it excludes many self-sufficient adults from help due to parental income levels, and also that by age 24 most people have completed tertiary education. Loan composition The student loan comprises three parts: *Compulsory fees – covers tuition fees and various levies. These are paid to the tertiary institution directly. *Course-related costs – covers stationery, textbooks, equipment, etc. and voluntary student association fees. The borrower is allowed up to $1000 per year in course-related fees, which they can claim ove ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ...
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Education In New Zealand
The education system in New Zealand is a three-tier model which includes primary and intermediate schools, followed by secondary schools (high schools) and tertiary education at universities and polytechnics. The academic year in New Zealand varies between institutions, but generally runs from early February until mid-December for primary schools, late January to late November or early December for secondary schools and polytechnics, and from late February until mid-November for universities. In 2009, the Programme for International Student Assessment (PISA), published by the Organisation for Economic Co-operation and Development (OECD), ranked New Zealand 7th best at science and reading in the world, and 13th in maths. The Education Index, published as part of the UN's Human Development Index consistently ranks New Zealand among the highest in the world. Following a general knowledge survey, a report is set to be released in 2020 to discover whether or not New Zealand's educat ...
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Pay-as-you-earn Tax
A pay-as-you-earn tax (PAYE), or pay-as-you-go (PAYG) in Australia, is a withholding tax, withholding of taxes on income payments to employees. Amounts withheld are treated as advance payments of income tax due. They are refundable to the extent they exceed tax as determined on tax returns. PAYE may include withholding the employee portion of insurance contributions or similar social benefit taxes. In most countries, they are determined by employers but subject to government review. PAYE is deducted from each paycheck by the employer and must be remitted promptly to the government. Most countries refer to income tax withholding by other terms, including pay-as-you-go tax. United Kingdom Origins Devised by Sir Paul Chambers, PAYE was introduced into the UK in 1944, following trials in 1940–1941. As with many of the United Kingdom's institutional arrangements, the way in which the state collects income tax through PAYE owes much of its form and structure to the peculiarities of t ...
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Fifth Labour Government Of New Zealand
The Fifth Labour Government of New Zealand was the List of New Zealand governments, government of New Zealand from 10 December 1999 to 19 November 2008. New Zealand Labour Party, Labour Party leader Helen Clark negotiated a coalition with Jim Anderton, leader of the Alliance (New Zealand political party), Alliance Party. While undertaking a number of substantial reforms, it was not particularly radical compared to previous Labour governments. Overview The previous government, the Fourth National Government of New Zealand, fourth National government, had been in power since 1990. It was widely unpopular by 1999, with much of the public antagonised by a series of free-market economic reforms, and was bedevilled by weakness and instability. In the 1999 general election, the Helen Clark-led New Zealand Labour Party, Labour Party defeated the National Party easily, becoming the largest single party in the New Zealand House of Representatives, House of Representatives. Labour formed a ...
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New Zealand National Party
The New Zealand National Party ( mi, Rōpū Nāhinara o Aotearoa), shortened to National () or the Nats, is a centre-right political party in New Zealand. It is one of two major parties that dominate contemporary New Zealand politics, alongside its traditional rival, the New Zealand Labour Party, Labour Party. National formed in 1936 through amalgamation of conservative and Liberalism, liberal parties, Reform Party (New Zealand), Reform and United Party (New Zealand), United respectively, and subsequently became New Zealand's second-oldest extant political party. National's predecessors had previously formed United–Reform Coalition, a coalition against the growing labour movement. National has governed for five periods during the 20th and 21st centuries, and has spent more List of government formations of New Zealand, time in government than any other New Zealand party. After the 1949 New Zealand general election, 1949 general election, Sidney Holland became the first Prime M ...
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New Zealand General Election, 2008
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefront Ai ...
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Fifth National Government Of New Zealand
The Fifth National Government of New Zealand was the government of New Zealand for three parliamentary terms from 19 November 2008 to 26 October 2017. John Key served as National Leader and Prime Minister until December 2016, after which Bill English assumed the premiership until the National Government's defeat following the October 2017 government-forming negotiations. After the 2008 general election the National Party and its allies were able to form a government, taking over from Helen Clark's Fifth Labour Government. It was subsequently reformed after the 2011 general election with a reduced number of seats, and after the 2014 general election with a reduced share of the party vote but the same number of seats. The Government had confidence and supply agreements with the following parties: ACT, United Future, and the Māori Party – which gave the Government a majority on major legislation. The National Party also signed a memorandum of understanding with the Green P ...
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Grant Robertson
Grant Murray Robertson (born 30 October 1971) is a New Zealand politician and member of the Labour Party who has served as the 19th deputy prime minister of New Zealand since 2020 and the minister of Finance since 2017. He has served as Member of Parliament (MP) for since 2008. Robertson maintained and competed for several leadership positions during the party's stint in opposition following the end of the Fifth Labour Government. He was elected Labour's deputy leader in 2011 under leader David Shearer, and contested the leadership of the party in both 2013 and 2014. Subsequently, Robertson was named the party's Finance spokesperson and was ranked third on Labour's party list. Prime Minister Jacinda Ardern appointed him to the Finance portfolio in the Sixth Labour Government of New Zealand, Sixth Labour Government. As Finance minister, Robertson has been prominent in the government's economic response to the COVID-19 pandemic in New Zealand. Following the 2020 New Zeala ...
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New Zealand Union Of Students' Associations
The New Zealand Union of Students' Associations (NZUSA) is a representative body that advocates for the interests of tertiary students in New Zealand. Between 1935 and 2006, it was known as the New Zealand University Students' Association, until it merged with the national polytechnic students' association. History The organisation was founded in 1929 as the New Zealand National Union of Students, and initially focussed its activities on sporting and social concerns. It changed its name to the New Zealand University Students' Association in 1935, and over time gave greater focus to issues concerning student welfare, such as student access to healthcare. It developed a strong involvement in social issues during the 1960s and 1970s, opposing the Vietnam War, apartheid, and racial immigration policies, as well as supporting homosexual law reform. The association has a long history of advocating for its members by opposing NZ Government policies it viewed as not in the interests of ...
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Statistics New Zealand
Statistics New Zealand ( mi, Tatauranga Aotearoa), branded as Stats NZ, is the public service department of New Zealand charged with the collection of statistics related to the economy, population and society of New Zealand. To this end, Stats NZ produces censuses and surveys. Organisation Statistics New Zealand employs people with a variety of skills, including statisticians, mathematicians, computer science specialists, accountants, economists, demographers, sociologists, geographers, social psychologists, and marketers. There are seven organisational subgroups each managed by a Deputy Government Statistician: * Macro-economic and Environment Statistics studies prices, national accounts, develops macro-economic statistics, does government and international accounts, and ANZSIC 06 implementation (facilitating changeover to new classification code developed jointly with Australian statistics officials.) * Social and Population Statistics studies population, social conditions, ...
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Tertiary Education In New Zealand
Tertiary education in New Zealand is provided by universities, institutes of technology and polytechnics, private training establishments, industry training organisations, and wānanga (Māori education). It ranges from informal non-assessed community courses in schools through to undergraduate degrees and research-based postgraduate degrees. All post-compulsory education is regulated within the New Zealand Qualifications Framework, a unified system of national qualifications for schools, vocational education and training, and 'higher' education. The New Zealand Qualifications Authority (NZQA) is responsible for quality assuring all courses and tertiary education organisations other than universities. Under the Education Act 1989, The Committee on University Academic Programmes (CUAP) and the Academic Quality Agency (AQA) have delegated authority for quality assurance of university education. The Tertiary Education Commission (TEC) is responsible for administering the funding of te ...
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Tertiary Education Fees In Australia
Tertiary education fees in Australia are payable for courses at tertiary education institutions. The Commonwealth government provides loans and subsidies to relieve the cost of tertiary education for some students. Some students are supported by the government and are required to pay only part of the cost of tuition, called the "student contribution", and the government pays the balance. Some government supported students can defer payment of their contribution as a HECS-HELP loan. Other domestic students are full fee-paying (non-Commonwealth supported) and do not receive direct government contribution to the cost of their education. Some domestic students in full fee courses can obtain a FEE-HELP loan from the Australian government up to a lifetime limit of $150,000 for medicine, dentistry and veterinary science programs and $104,440 for all other programs. Australian citizens (and in some cases overseas professionals completing bridging studies in order to be accredited perm ...
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