The vocational education and training (VET) system provides an important talent pipeline for New Zealand, including for students wishing to pursue a career in Chartered Accountancy. The VET system enables students to meet the academic prerequisites for entry to the Chartered Accountants Program (CA Program), completion of which is a prerequisite to full CA ANZ membership. This gives us a vested interest in any changes proposed for the sector.
We acknowledge the need for substantial reform of New Zealand’s VET system. For a variety of reasons, many Institutes of Technology and Polytechnics (ITPs) are under considerable financial stress and many stakeholders agree that the current system is poorly positioned to deliver on our future needs. This threatens the sustainability of the sector and must be addressed.
While we are broadly supportive of many of the proposed reforms, we have significant concerns about the process - in particular the length of the consultation period, the level of analysis provided, and the overly ambitious implementation timeframe.
Our view is that changes of this magnitude and importance cannot and should not be rushed. The proposals are far too important to New Zealand’s future, and the sector vital to ensuring that all New Zealanders have the skills, knowledge and capability to adapt and succeed in a world of rapid economic, social and technological change.
Submission was lodged on 05 April 2019.