The Government also hinted that transitional funding may also be available for the struggling polytechnic. In December, a Crown manager was appointed, citing a significant financial deficit and declining student numbers at the Greymouth-based facility. Tertiary Education, Skills and Employment Minister Paul Goldsmith said today it would get a short-term capital injection of $3.6 million. "If additional funding to support any transitional arrangements is required, it can be further addressed then," the minister said. "Today's funding announcement means the institution can continue to operate while we push ahead with plans for the future."

Source: Otago Daily Times April 21, 2017 02:46 UTC