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New Zealand IT Institute Faces Liquidation Amid Debt Crisis

10/2/2025

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Summary

Story summary

New Zealand’s Institute of IT Professionals (ITP) is entering liquidation after insolvency, confirmed by its Board.
The 10,000-member Institute will hold a Special General Meeting on October 23, 2025 to finalize liquidation, as announced.
Audits revealed unpaid bills and debts; finances worsened from $49,687 (2024) to $15,826 (2025) significantly overall.

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Story summary

New Zealand’s Institute of IT Professionals (ITP) is entering liquidation after insolvency, confirmed by its Board.
The 10,000-member Institute will hold a Special General Meeting on October 23, 2025 to finalize liquidation, as announced.
Audits revealed unpaid bills and debts; finances worsened from $49,687 (2024) to $15,826 (2025) significantly overall.