The chief executive of newly listed Intueri Education Group says the company derives 85 per cent of its revenues from New Zealand, which has been a prime reason it has been largely spared any contagion from Vocation ’s share price meltdown in the education sector.

Rob Facer , the chief executive of Intueri, which is the biggest non-government provider of adult and vocational training in New Zealand, says the company also has 2500 students in Australia doing courses through an online campus.