Education
Page updated 5 Nov 2007
Overview of Treasury information, research and policy publications about education in New Zealand and Government expenditure on education.
The Treasury's Role
The Treasury provides advice to the Government on education policy including early childhood, compulsory and tertiary education, and industry training. It monitors and advises on the performance of Crown agencies in the education sector.
The advice provided by the Treasury focuses on how education policy can contribute to the Government’s goals for economic growth and sustainable fiscal policy. It encompasses issues such as looking at what policies will help maximise achievement in the education sector by making best use of all the resources devoted to education. The Treasury also provides Ministers with advice on the relative improvement in student achievement and tertiary providers’ research performance that may result from different policy options, and from investing resources in one area compared with another.
The Treasury liaises with the Ministry of Education on a daily basis. It also regularly liaises with other education agencies such as the Tertiary Education Commission, NZQA and the Education Review Office.
Funding
Education spending is reported in the Financial Statements of the Government of New Zealand. The most recent figure for education spending in New Zealand is $9.836 million for the 2006/07 financial year. This figure is taken from the Analysis of Expenses of the Statement of Financial Performance which is a section of the Financial Statements of the Government of New Zealand for the Year Ended 30 June 2007.
The Budget 2007 Economic and Fiscal Update forecasts $9,719 million will be spent on education in the 2007/08 financial year. This data is available in the Core Crown Expenses Tables of this document.
Treasury Research and Policy Papers
To read Treasury papers on education see the following subject lists in the Research and Policy Papers section of the Publications index: