Simeon Brown speaks about emergency department pressures
Markets with Madison: Tourism Holdings doing it tough
Tourism Holdings had to rush thousands of camper vans across the Canadian border to circumvent reciprocal tariffs. Now, it's warning of major US tourism setbacks.
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National Business Review
10 hours ago
- National Business Review
Wilsons Advisory stake sale report ‘purely speculation': Craigs
Craigs Investment Partners is considering selling its circa 50% stake in Wilsons Advisory, according to a report in the Australian Financial Review that the firm says is 'purely speculation'. The outlet's Street Talk section said it believed Canadian firm Canaccord Genuity was an interested
Newsroom
2 days ago
- Newsroom
America's foreign student fiasco
One of the world's best universities, a magnet for the globe's brightest brains, is under attack by the Trump administration. And while Harvard is fighting various funding restrictions and bans on foreign student visas, harsher policies on America's borders are creating fear from returning students that they could be arrested by immigration officers and jailed or deported. International students are big money-makers for universities worldwide – in New Zealand they pay four times the amount in fees as domestic students. 'We could be doing well while doing good,' says the chief economist at the policy think-tank The New Zealand Initiative, Dr Eric Crampton. 'It's amazing that America's throwing all this away. 'We aren't the destination market for the best students in the world. But if the place that is the destination for the best students in the world suddenly says 'We don't want them any more' – my God we'd better be ready for that,' he tells The Detail. Crampton is Canadian, but spent time in the US on a student visa so knows what it's like to study there. He's also taught at Canterbury University and has experience with exchange students. He says the American administration has now basically put every student visa under threat, with erratic threats coming from the President, whether over funding or threats to Chinese students on the basis that 'they're all spies or something'. Trump's move to bar international students from Harvard by blocking their visas has itself now been blocked by a court order, but the situation remains uncertain. At the same time foreign students are getting nervous about leaving the country and trying to get back in, with reports about people getting arrested randomly at the border. The hit to the US economy is expected to cost billions in revenue, and has been described as an 'anti-intellectual spree'. 'When you live in America on something like a student visa, every interaction with the state you're reminded that you're less than an American. Even in 2002 it was very clear that you are there by their sufferance. 'It would be awful being there now on a student visa because just imagine it … you'd be paying $US50,000 per year in international tuition fees, maybe you've already paid for two years of study and you're coming towards the end of it … and you've got two more years ahead of you … if they cancel your visa you've wasted $100,000 and two years. 'If you're at a place like Harvard, people wouldn't hold it against you, you could continue your studies elsewhere. People would say 'Well, he was admitted to Harvard, he must be really good', but if you're at a mid-tier US university – which is still better than anything New Zealand has – you'll have sunk two years' worth of study and $100,000 worth of cost, and you won't be able to finish your degree. 'It feels like the kind of spot where New Zealand could help. We've always been able to accommodate students on international exchange. We could make it really easy for students to come in that way.' Universities New Zealand chief executive Chris Whelan says New Zealand is nearly back up to pre-Covid numbers of foreign students, with our eight universities having about 20,000 full-time equivalent students between them. 'International students help, but they're just one of a number of different mechanisms that universities are looking to for making payroll and keeping lights on,' he says. 'We don't want to grow too far … we want international education to be a genuinely quality and value proposition for both domestic students – giving them the ability to rub shoulders with people from different cultures – but also for the international students, to give them a genuine international experience. 'But if any student did want to, or was forced to, discontinue their studies in the US, there are places like New Zealand that I think would welcome them and would make it as easy as possible for them to get here.' Check out how to listen to and follow The Detail here. You can also stay up-to-date by liking us on Facebook or following us on Twitter.
Otago Daily Times
2 days ago
- Otago Daily Times
GG visits exhibition site
The vice-regal party inspects the under-construction New Zealand and South Seas exhibition buildings on Logan Park, Dunedin. — Otago Witness, 16.6.1925 Autumn travel worthwhile The first public engagement of the day yesterday for the Governor-General, Sir Charles Fergusson, was a visit to the Exhibition Buildings. The Governor-General and all the members of his party, including the Lady Alice Fergusson and Miss Fergusson, were met and welcomed by the chairman of directors (Mr J. Sutherland Ross) and most of the other directors. The party which inspected the huge buildings included all the chief officials of the Exhibition and many lady relatives and friends of directors and officials. Sir Charles was escorted by Mr Ross, who led the way through the Canadian and Australian building, the motor building, the Government court, the secondary industries court, the festival hall, the fernery and art gallery, the pavilion of provincial courts, the machinery hall, and, finally, the British court. Members of the Vice-regal party were evidently much interested and impressed with what they saw. Mr W. O'Connell (officer in charge of the local Tourist Office) has returned from a three weeks' tour of several of the South Island holidays resorts. Speaking yesterday to a Daily Times reporter, Mr O'Connell said there seemed to be a general impression that the month of May was too late for visiting the tourist resorts of the South Island, but during his tour to Queenstown, Pembroke, Mount Cook, Franz Josef Glacier, Buller Gorge and East Coast he experienced only two wet days. Moreover, the travelling, especially by motor car, was more pleasant during the mild May weather than in the hot summer. "What seems to strike one more particularly on this trip," said Mr O'Connell, "is the remarkable variety in the scenery and the special attractions that each resort offers. On the journey through the orchard country of Central Otago at this time of the year the autumn tints are very beautiful, especially round about Roxburgh and Clyde. The journey over the Crown Range to Pembroke is very interesting, and there is a fine view of Queenstown and the surrounding country to be seen from the top of the range. Pembroke," he continued, "is a resort which has become very popular during the last few years, and it is bound to become more so." Radical land policy The land policy of the Labour Party is directed to the destruction of all rights of private ownership in land. It is directed also to the abrogation of the law of inheritance. That this should be so is entirely consistent with the objective of the party, which is the socialisation of the means of production, distribution, and exchange. It would be absurd to say that the land should be "socialised" and, at the same time, to recognise the right of any individual to own land. The Labour Party is, therefore, proposing something that is in complete harmony with its objective when it includes in its policy a provision that "privately-owned land shall not be sold or transferred except to the State." All land, according to the Labour Party, must belong to the State. Consequently, its policy provides that whenever a man wishes to realise his land there can be no purchaser other than the State. The policy is a coherent one, directed to the one aim of making the community the sole owner of all land. — editorial — ODT, 11.6.1925 Compiled by Peter Dowden
