this post was submitted on 08 May 2026
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The Finance Minister has confirmed claims by Winston Peters that the fees-free university scheme, which covers the final year of tertiary education study for students, will be scrapped in the upcoming Budget.

The New Zealand First Leader made the comments to Newstalk ZB Friday evening.

In a statement this evening Nicola Willis confirmed the comments.

"Ongoing coalition negotiations have led to good Budget policy decisions that further the immediate and long-term interests of New Zealanders."

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[–] absGeekNZ@lemmy.nz 7 points 4 days ago (7 children)

"Going for growth" by reducing our training pipeline.... Great idea.

[–] Band@lemmy.nz 2 points 1 day ago

They've touted an 'export driven recovery'

This means driving down our dollar to make our products attractive on the international market.

On the flip side it makes any products that we import more expensive.

So we sacrifice the well-being of the many, to make numbers go up for the exporters.

Don't get me wrong, I know that primary industrys support many businesses and people down the chain. But when everybody is paying more for materials, products, consumables, the benefits are eaten up by the increased costs.

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