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Grand Theft Academia: Government Continues To Rob Young People Of Their Futures
Grand Theft Academia: Government Continues To Rob Young People Of Their Futures

Scoop

time23-05-2025

  • Business
  • Scoop

Grand Theft Academia: Government Continues To Rob Young People Of Their Futures

Press Release – VUWSA Inflation adjusted, Budget 2025 has only made room for a measly 3% increase in student allowance funding and has also made it harder for young people to access the Jobseeker Benefit by introducing means testing. Te Aka Tauira – the Victoria University of Wellington Students' Association (VUWSA) is staggered by the Government's failure to fund tertiary education, and failure to provide any meaningful support for students struggling through with the cost of living, a lack of jobs and gutting of public services. VUWSA President Liban Ali says, 'This Budget fails students. Costs are rising, but support isn't. Students are working longer hours to get by. Study is harder. Life is harder. We asked for help – the Government gave us nothing. Freezing student allowance thresholds is a cut by stealth. This Budget ignores the student cost of living crisis. It makes it harder to live, and harder to learn. Once again, students have left behind. We deserve better, we won't forget this.' This year's Budget has nothing to offer students, with bread-and-butter initiatives being underfunded by the Government. Inflation adjusted, Budget 2025 has only made room for a measly 3% increase in student allowance funding and has also made it harder for young people to access the Jobseeker Benefit by introducing means testing. VUWSA is also concerned by the 20% reduction in funding for essential student loan management services while, as has been recently reported, students have already been facing increased wait times to access essential funds from StudyLink. 'It is disgusting to see the Government continue to overlook student poverty.' VUWSA's Welfare VP, Josh Robinson says, 'In the aftermath of the rise of public transport fares, increased energy prices, and cost of living, the Government is both setting a price on the human right to education and robbing it from us in broad daylight.' VUWSA is disheartened by the Government's continued failure to adequately fund the Tertiary Sector. 'Education is a public good.' said Academic VP Ethan Rogacion, 'It is time that our Government starts acting like it.' This year's Budget allows Universities to hike fees up to 6% and sets aside some funding for some STEM subjects but still comes at significant costs to students. 'The Government has disestablished the PM's Scholarship for Asia and South America from June, has made University more expensive, and has pitted faculties against each other by increasing funding for STEM at the cost of humanities subjects,' Rogacion says. 'Our Government has a responsibility to its students, to ensure that all young people can get an education that helps them achieve their goals, and does not merely push them into fields they deem to be economically useful.' In addition, Engagement VP Aidan Donoghue adds, 'To give with one hand, and take with the other, is not growth, it is stagnation. I am puzzled as to who or what this goal of growth is for? It certainly isn't for women, students, the poor, health or education? 'It's matter of choice, and this government is making active choices that undermine decades of social investment. The average student has thousands of dollars invested in them, and all the opportunities they've been promised have been ripped out from under them.'

Grand Theft Academia: Government Continues To Rob Young People Of Their Futures
Grand Theft Academia: Government Continues To Rob Young People Of Their Futures

Scoop

time23-05-2025

  • Politics
  • Scoop

Grand Theft Academia: Government Continues To Rob Young People Of Their Futures

Te Aka Tauira – the Victoria University of Wellington Students' Association (VUWSA) is staggered by the Government's failure to fund tertiary education, and failure to provide any meaningful support for students struggling through with the cost of living, a lack of jobs and gutting of public services. VUWSA President Liban Ali says, 'This Budget fails students. Costs are rising, but support isn't. Students are working longer hours to get by. Study is harder. Life is harder. We asked for help – the Government gave us nothing. Freezing student allowance thresholds is a cut by stealth. This Budget ignores the student cost of living crisis. It makes it harder to live, and harder to learn. Once again, students have left behind. We deserve better, we won't forget this.' This year's Budget has nothing to offer students, with bread-and-butter initiatives being underfunded by the Government. Inflation adjusted, Budget 2025 has only made room for a measly 3% increase in student allowance funding and has also made it harder for young people to access the Jobseeker Benefit by introducing means testing. VUWSA is also concerned by the 20% reduction in funding for essential student loan management services while, as has been recently reported, students have already been facing increased wait times to access essential funds from StudyLink. 'It is disgusting to see the Government continue to overlook student poverty.' VUWSA's Welfare VP, Josh Robinson says, 'In the aftermath of the rise of public transport fares, increased energy prices, and cost of living, the Government is both setting a price on the human right to education and robbing it from us in broad daylight.' VUWSA is disheartened by the Government's continued failure to adequately fund the Tertiary Sector. 'Education is a public good.' said Academic VP Ethan Rogacion, 'It is time that our Government starts acting like it.' This year's Budget allows Universities to hike fees up to 6% and sets aside some funding for some STEM subjects but still comes at significant costs to students. 'The Government has disestablished the PM's Scholarship for Asia and South America from June, has made University more expensive, and has pitted faculties against each other by increasing funding for STEM at the cost of humanities subjects,' Rogacion says. 'Our Government has a responsibility to its students, to ensure that all young people can get an education that helps them achieve their goals, and does not merely push them into fields they deem to be economically useful.' In addition, Engagement VP Aidan Donoghue adds, 'To give with one hand, and take with the other, is not growth, it is stagnation. I am puzzled as to who or what this goal of growth is for? It certainly isn't for women, students, the poor, health or education? 'It's matter of choice, and this government is making active choices that undermine decades of social investment. The average student has thousands of dollars invested in them, and all the opportunities they've been promised have been ripped out from under them.'

Businessman Hun Min Im used $1.8 million Covid-19 wage subsidy for personal luxury purchases
Businessman Hun Min Im used $1.8 million Covid-19 wage subsidy for personal luxury purchases

NZ Herald

time19-05-2025

  • Business
  • NZ Herald

Businessman Hun Min Im used $1.8 million Covid-19 wage subsidy for personal luxury purchases

He managed to secure $602,202 of a total $1,879,288 from the wage subsidy payments. The charges filed against the defendant were brought by the Serious Fraud Office (SFO) in the first wage subsidy fraud case of its type for the agency. Serious Fraud Office director Karen Chang today described Im's offending as 'deliberate and wide-reaching'. 'He created a complex web of fake companies and forged documents which our expert teams spent many hours piecing together. 'He stole the personal information of his tenants and applicants who responded to fake job ads he placed online, to use as shareholders, directors and employees in his companies. 'Mr Im took advantage of public money that was intended to support people and businesses during a time of significant stress and uncertainty. Any money he received was used to fund his personal lifestyle, including an apartment and luxury vehicle.' Judge Simon Lance acknowledged the 'enormous amount of work' carried out by the prosecution team, involving 'hours and hours' of information gathering for the trial. The summary of facts detailing Im's offending stretched to 83 pages long. Companies not operating in NZ, forged names According to the agreed summary of facts provided to the Herald, Im filed 42 applications to the Ministry of Social Development (MSD) in an attempt to obtain taxpayer-funded Covid-19 wage subsidy payments. Of the total, 13 of the applications were approved by MSD and 29 were declined. In reality, the companies listed on the 42 applications were not operating any business in New Zealand and were not employing the individuals listed in the applications, or any staff. The money Im obtained from MSD was used to fund his lifestyle. He filed further applications for Covid-19 subsidies with Inland Revenue (IR) seeking an additional $172,800 of funds that he was not entitled to for his companies. None of these applications were successful but Im still faced multiple charges for dishonestly using a document. To incorporate companies with the New Zealand Companies Office, Im forged signatures on director and shareholder consent forms. Two people involved with a company called Imperial had never heard of its nameand were not aware that they were registered as the director or shareholder. Im also filed GST refunds totalling $271,664 from Inland Revenue (IR) for his companies, falsely stating the companies' sales and income, purchases and expenses. In some instances, GST returns were filed for shell companies. During the period of his offending, Im also received the Jobseeker Benefit as well as an Emergency Grant of $16,146 in relation to housing assistance. Additionally, he received $50,074 from the Inland Revenue Department in Working for Families and GST-related payments. Emotional day in court Prosecutor Todd Simmonds said Im's offending was of a 'very calculated, premeditated nature' spanning a significant period of time. In this case imprisonment was the only 'realistic outcome' and 'extremely likely', he said. In court on Friday, Im stood up and begged the judge to be allowed further bail time to be with his heavily-pregnant wife who faces deportation. Defence lawyer Jeremy Bioletti said Im's wife's visa had expired, she was six months pregnant, and looking after a 3 and 5-year-old. The situation left her 'completely dependent on Mr Im's position,' he said. Im pleaded with the judge asking for, 'just a little more time to organise everything for my wife and children' as he said they had no family in Korea. Judge Lance said due to the likelihood of his wife being repatriated, there was going to be some disruption to the family dynamic 'one way or the other'. 'I take no pleasure in this to be honest, but according to law and given the circumstances, a remand in custody is appropriate.' He said Im's lengthy time on bail during the trial meant he had been given time to arrange his personal affairs. Im is due to be sentenced in August.

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