To: robert b furman who wrote (8575 ) 3/16/2016 5:00:16 PM From: StockDung Respond to of 74388 CNBC University actually got nailed in Australia but not in the USA. CNBC had a joint venture with this company which had a slew of criminals and conmen behind the company see well documented CRIMMs of which some were indicted Subject 23565 ======================================================== "An organisation calling itself CNBC University is promoting a series of free investment seminars in Wellington and Auckland next month. While CNBC is at pains to point out that their staff are not licensed financial advisors, they seem oblivious of the fact that the use of the term ???university??? in this country by an organisation that does not enjoy that status constitutes a breach of the Fair Trading Act." http://www.nzvcc.ac.nz/pubaffpol/enb30072002nz.html. NZVCC Electronic News Bulletin Vol. 2 No. 12, 30 July 2002 -------------------------------------------------------------------------------- Lead item... NZVCC identifies key university issues for incoming minister Five key issues affecting universities have been identified by Vice-Chancellors in a briefing document for the incoming minister with responsibility for tertiary education. With the result of Saturday??™s general election clear but the final form of the new government less so at this stage, most commentators have Mr Steve Maharey continuing with both the portfolio and his ambitious reform programme. While the genetic modification moratorium remains a sticking point for the new government, the NZVCC supports the Royal Commission findings and, therefore, the Labour Party??™s position. In the briefing paper, the NZVCC points out that universities are fundamental to the achievement of New Zealand??™s social and economic aspirations. As there is a close relationship between the quality of university education and resources to support it, universities in this country should be resourced at levels similar to their Australian counterparts. Both government and students would need to make increases in per capita investment to attain this goal. The number of universities should not increase with closer collaboration among the eight existing institutions. This collaboration should extend to other tertiary institutions and Crown Research Institutes to ensure productivity and efficiency gains. On student financial support, the briefing document notes that the loan scheme has enabled a much wider participation in tertiary education. The incoming government needs to look ???very carefully??? at the costs and benefits of any alternative. The cost of a universal student allowance and a major reduction in tuition fees would entail increased taxation or a major change in the current pattern of government expenditure. University staff salaries could approach private sector and overseas rates if the university system was well resourced. Other beneficiaries would be students ??“ and their future employers - through better quality education. Changing the process for industrial bargaining in universities would achieve nothing if there is no additional money to bargain for. Centres of Research Excellence should continue to be developed so the role of universities as teaching and research institutions is enhanced. The briefing paper points out that new money is needed for performance-based research funding as well as incentives for the private sector to invest in research. Vice-Chancellors will inform the incoming minister that universities flourish when institutional autonomy and academic freedom are valued and respected. As a result the proposed new system for tertiary education institutions of negotiated charters and profiles ???needs to be managed with a light touch???. Other items... Long serving NZVCC staff member to retire Pending retirement has seen NZVCC Executive Assistant Mrs Marlene Woodrow resign from her position after 12 years??™ service to the Committee and its Executive Director Mr Lindsay Taiaroa. Applications for the position of NZVCC Executive Assistant close tomorrow. Further details are available from: marlene@nzvcc.ac.nz Building the relationship with the AUS University human resource directors, through the NZVCC Standing Committee on Staff Relations, met with representatives of the Association of University Staff last week. The aim of the exercise was to achieve a better understanding of the relationship between the directors and union. Held at the NZVCC secretariat in Wellington, the meeting had the services of a facilitator and took the approach of analysing where the current relationship between the two parties was at, and where they wanted it to be. This included consideration of how the relationship should operate 12 months to three years out from now. The majority of universities are scheduled to have a new round of salary negotiations later this year. Incoming Commonwealth Scholars for 2003 The NZVCC has announced six incoming Commonwealth Scholars from developed countries (United Kingdom and Canada) for 2003. The British contingent comprises Larissa Ball, Elaine Medlycott and Alison Fear. Larissa will undertake a Master of Resource Studies at Lincoln University, studying river management. Elaine??™s doctorate in chemistry at the University of Otago will involve ruthenium polypyridine systems. Alison will investigate anti-oxidants when she undertakes her MSc in nutritional sciences at Massey University. The three Commonwealth Scholars from Canada are Emily Gesner, Jaclyn Wood and Barratt Bingley. Eimly will undertake a Masters in Education (curriculum studies) at the University of Waikato. Jaclyn will study multicultural policies and programmes for her Masters in Social Work at the University of Canterbury. Barratt??™s Master of International Relations at Victoria University will involve a look at conflict mediation. Full agenda for NZVCC Research Committee The NZVCC Standing Committee on Research meets in Wellington on Monday of next week. Representatives of the Foundation for Research, Science and Technology will attend for part of the proceedings, during a session directed at building the relationship between the foundation and the universities. Foundation policies on intellectual property and contractual obligations will be discussed. The research committee will also meet with representatives of the performance-based research funding project team and discuss problems associated with the Ministry of Research, Science and Technology??™s research and development survey. MoRST??™s study of indirect research costs is a further agenda item. NZVCC supports partnership investment framework The NZVCC has come out in support of the decision-making framework for joint public-private sector investments in tertiary education institutions, announced by Government just prior to the election. Responding to criticism from union and student interests, NZVCC Executive Director Lindsay Taiaroa said the Committee did not agree that the framework, and the increase in university-business partnerships that might follow, represented a threat to academic freedom or institutional autonomy. Rather, the NZVCC welcomed the initiative as opening up another possibility for increased investment in tertiary education. The private sector already had considerable involvement in universities through research contracts, the sponsorship of chairs and general support. Which ???university??? would that be? An organisation calling itself CNBC University is promoting a series of free investment seminars in Wellington and Auckland next month. While CNBC is at pains to point out that their staff are not licensed financial advisors, they seem oblivious of the fact that the use of the term ???university??? in this country by an organisation that does not enjoy that status constitutes a breach of the Fair Trading Act. -------------------------------------------------------------------------------- The NZ Vice-Chancellors' Committee Electronic Bulletin is produced every second Tuesday and distributed to parties with an interest in the Committee's affairs. Back issues will be archived on the NZVCC website: http://www.nzvcc.ac.nz Inquiries to: Mr Rod Bryant Public Relations Officer NZ Vice-Chancellors' Committee Email: rodney@nzvcc.ac.nz Back to Public Affairs and Policy