Te Pūkenga, Aotearoa's national training organisation, has revealed an $80 million deficit for 2022.
The figure comes from its first annual report covering the 25 polytechnics and training institutes it took over last year.
It says the deficit was higher than forecast but a lot lower than the $280 million loss it says polytechnics would have made without the merger.
Te Pūkenga chief executive Peter Winder spoke to Ingrid Hipkiss.
