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Universities New Zealand-Te Pokai Tara commissioned the New Zealand Institute of Economic Research (NZIER) to model the economic impact of investment in university teaching and research. Key findings presented in the report include: Additional investment in New Zealand's universities would provide a permanent increase to GDP; Funding for universities generates benefits above and beyond the direct impacts on universities' balance sheets; There are broader economic benefits which raise the welfare of New Zealanders, particularly once graduates re-enter the workforce. Edited abstract from...[+] Show more