News Article: Te Pūkenga: Leaked documents reveal horror financial position for polytechs, insiders spill beans on 's**tshow' meeting with minister

But moving quickly could lead to something else. An insider said: "If this disestablishment goes ahead, all the North Island polytechnics will be in danger of folding very quickly."  

But it's actually worse than that. Newshub's been leaked financial statements showing all 16 polytechs are essentially broke. 

‍