Technical and Vocational Education and Training in New Zealand - Industry Research Report

Happy campus: International student enrolments are projected to recover strongly as borders reopen

Technical and Vocational Education and Training Operators have endured multiple challenges through 2022-23. Revenue derived from domestic student fees has declined over the period due to falling domestic enrolments. This trend has forced some industry operators to merge to remain viable. Additionally, the COVID-19 pandemic has driven a steep decline in international enrolments. Overall, industry revenue is expected to decrease at an annualised 2.2% over the five years through 2022-23, to $1.1 billion. This includes an anticipated decrease of 3.9% in 2022-23, following an exceptional rise in public funding in 2021-22.

Industry operators primarily provide technical and vocational education and training. The industry includes institutes of technology and polytechnics (ITPs), as defined by the New Zealand Qualifications Authority. The industry excludes private and government training establishments that offer technical or vocational courses. All ITPs are subsidiaries of the New Zealand Institute of Skills and Technology. However, for the purposes of this report, ITPs are considered separate enterprises.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.