Ministry of Social Development (New Zealand)

Flywire Acquires StudyLink to Accelerate Expansion in the Australian Higher Education Market

Retrieved on: 
Tuesday, November 7, 2023

BOSTON and ADELAIDE, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, announced that it has acquired StudyLink, an innovative provider of international student admissions, application and agent management software serving universities throughout Australia. The acquisition is expected to build on Flywire’s existing education payments business by enhancing the value it provides to its global client, agent and payer base, and is expected to further accelerate its market share in the Australian education sector. Flywire intends to expand upon StudyLink's existing and successful track record of providing top-tier solutions in Australia, where Flywire estimates that there are more than 600,000 higher education international students, with 75% of them being placed through education agents.

Key Points: 
  • Flywire intends to expand upon StudyLink's existing and successful track record of providing top-tier solutions in Australia, where Flywire estimates that there are more than 600,000 higher education international students, with 75% of them being placed through education agents.
  • StudyLink provides an innovative, cloud-based interface for universities and education agents to structure, streamline and integrate international applications and enrollments into their admissions process.
  • This expanded relationship, together with StudyLink’s extensive roster of leading education clients and network of 20,000 agents, present meaningful growth opportunities for Flywire.
  • This acquisition reinforces Flywire’s commitment to powering the higher education ecosystem, which Flywire estimates to be approximately $660 billion in global payment volume and an opportunity for Flywire to accelerate Studylink’s growth internationally.

Forcing people to repay welfare ‘loans’ traps them in a poverty cycle – where is the policy debate about that?

Retrieved on: 
Wednesday, September 27, 2023

Less talked about has been the party’s promise to index benefits to inflation to keep pace with the cost of living.

Key Points: 
  • Less talked about has been the party’s promise to index benefits to inflation to keep pace with the cost of living.
  • In any case, this alone it is unlikely to break the cycle of poverty many find themselves in.
  • With rising costs, the situation is only getting worse for many of the 351,756 New Zealanders accessing one of the main benefits.

Our whittled down welfare state

    • The main benefits (such as jobseeker, sole parent and supported living payment) pay a fixed weekly amount.
    • The jobseeker benefit rate is set at NZ$337.74 and sole parents receive $472.79 a week.
    • The third level of support is one-off discretionary payments for specific essential needs.

Benefits have been too low for too long

    • But Ruth Richardson’s “mother of all budgets” in 1991 slashed benefits.
    • Rates never recovered and today’s benefits are not enough to live on.
    • The main benefits plus supplementary allowances did not meet the cost of the bare essentials, let alone minimal participation.

How ‘advances’ create debt traps

    • But in practice, Work and Income virtually never makes this type of grant for anything except food and some other specific items, such as some health travel costs or emergency dental treatment.
    • First, people on benefits are racking up thousands of dollars worth of debts to cover their essential needs.
    • And the Social Security Act 2018 doesn’t allow the Ministry of Social Development (MSD) to waive debts.

Contradictory policies

    • MSD policy says repayments should not add up to more than $40 a week, but that is often ignored.
    • On the one hand the law says a payment should be made if not making it would cause serious hardship.
    • People receiving benefits and their case managers face the choice between more debt and higher repayments, or failing to meet an essential need.

Ways to start easing the burden

    • A great deal could be achieved by just changing the policies and practices followed by Work and Income.
    • These could and should be used when someone has an essential need, particularly when they already have significant debt.
    • When it comes to changing the law, the best solution would be to make weekly benefit rates adequate to live on.

Accident or medical, new research shows we need to treat conditions equally to get people back to work

Retrieved on: 
Tuesday, August 29, 2023

To be covered by ACC, your injury has to be caused by an accident.

Key Points: 
  • To be covered by ACC, your injury has to be caused by an accident.
  • New Zealanders suffering from strokes, cancers or mental health conditions, along with other non-accident injuries, are subsequently disadvantaged by the cause of their health condition.
  • I investigated whether they were effective in getting people back into work, and also looked at how we assess the outcomes of these programmes.

Helping people back to work helps us all

    • A 2013 study found 79% of people who received ACC support after a brain injury from an accident were in paid work one year after the injury.
    • But this dropped to 50% for those with a similar brain injury not caused by an accident (such as a stroke).
    • As one person who was living with a long-term health condition told me:
      Work isn’t just for the finances.
    • I want to work.

Learning from ACC’s success

    • ACC offers a wraparound rehabilitative service targeted to a person’s individual needs to return to working life.
    • But systems to support people with health conditions and disabilities tend to be siloed into speciality organisations.
    • So why not apply a wraparound, cross-agency approach to health and injury issues similar to ACC?
    • People in the REACH programme were also able to access funding for services that were not covered by MSD.

A short-term focus misses the growing problem

    • The number of New Zealanders living with long-term health conditions is growing.
    • Despite many wanting to return to work, this population often falls into the cracks between health and social services.

QF'S D'REESHA PERFORMING ARTS FESTIVAL TO HIGHLIGHT ARAB CULTURE DURING WORLD CUP

Retrieved on: 
Tuesday, December 6, 2022

DOHA, Qatar, Dec. 6, 2022 /PRNewswire/ -- Tickets have gone on sale for the second edition of Qatar Foundation's D'reesha Performing Arts Festival, which – taking place during the FIFA World Cup Qatar 2022™ from 11-17 December – is set to celebrate Qatar's rich culture, heritage, and traditions.

Key Points: 
  • DOHA, Qatar, Dec. 6, 2022 /PRNewswire/ -- Tickets have gone on sale for the second edition of Qatar Foundation's D'reesha Performing Arts Festival, which taking place during the FIFA World Cup Qatar 2022 from 11-17 December is set to celebrate Qatar's rich culture, heritage, and traditions.
  • The festival will also have cultural performances from Qatar and other nations such as Morocco, Senegal, Turkey, and Greece.
  • STEM shows and workshops will also take place during the festival as part of D'reesha of Invention, which is being sponsored by ConocoPhillips Qatar, showcasing scientists, scholars, and researchers from the Arab world.
  • The D'reesha Performing Arts Festival is being held in collaboration with principal partners ConocoPhillips Qatar and the Social & Sport Contribution Fund.

QF'S D'REESHA PERFORMING ARTS FESTIVAL TO HIGHLIGHT ARAB CULTURE DURING WORLD CUP

Retrieved on: 
Tuesday, December 6, 2022

DOHA, Qatar, Dec. 6, 2022 /PRNewswire/ -- Tickets have gone on sale for the second edition of Qatar Foundation's D'reesha Performing Arts Festival, which – taking place during the FIFA World Cup Qatar 2022™ from 11-17 December – is set to celebrate Qatar's rich culture, heritage, and traditions.

Key Points: 
  • DOHA, Qatar, Dec. 6, 2022 /PRNewswire/ -- Tickets have gone on sale for the second edition of Qatar Foundation's D'reesha Performing Arts Festival, which taking place during the FIFA World Cup Qatar 2022 from 11-17 December is set to celebrate Qatar's rich culture, heritage, and traditions.
  • The festival will also have cultural performances from Qatar and other nations such as Morocco, Senegal, Turkey, and Greece.
  • STEM shows and workshops will also take place during the festival as part of D'reesha of Invention, which is being sponsored by ConocoPhillips Qatar, showcasing scientists, scholars, and researchers from the Arab world.
  • The D'reesha Performing Arts Festival is being held in collaboration with principal partners ConocoPhillips Qatar and the Social & Sport Contribution Fund.

Panama Ministry of Finance Recognizes Scientology as Benefiting the Greater Community

Retrieved on: 
Tuesday, September 27, 2022

PANAMA CITY, Panama, Sept. 27, 2022 /PRNewswire/ -- The Scientologists of Panama have a great deal to celebrate.

Key Points: 
  • PANAMA CITY, Panama, Sept. 27, 2022 /PRNewswire/ -- The Scientologists of Panama have a great deal to celebrate.
  • Scientology is recognized in Panama as a religion that works for the benefit of the community.
  • And the Church of Scientology Mission of Panama is now free to provide its full range of religious services to its parishioners and the community.
  • The Church of Scientology Mission of Panama received religious recognition in 2019 and held its grand opening in October that year.

Flywire Partners with Adapt IT to Digitize International Education Payments in South Africa

Retrieved on: 
Wednesday, February 23, 2022

BOSTON and JOHANNESBURG, South Africa, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company announced the availability of an integration with Adapt IT Education, a division of Adapt IT Holdings Limited to streamline and digitize cross-border education payments for students studying in South Africa.

Key Points: 
  • BOSTON and JOHANNESBURG, South Africa, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company announced the availability of an integration with Adapt IT Education, a division of Adapt IT Holdings Limited to streamline and digitize cross-border education payments for students studying in South Africa.
  • As the exclusive international payments partner for Adapt IT, Flywire will improve the payment experience for students and their families, and the institutions that use Adapt IT software.
  • We considered various payment partners, but Flywire was the standout for international payment enablement, said Luxolo Rubushe, Adapt IT Education MD.
  • Were thrilled to partner with Adapt IT to help universities in South Africa delight their students with seamless, digital payment experiences, said Sharon Butler, EVP of Global Education, Flywire.