March 24 (Reuters) - Intueri Education Group Ltd IQE.NZ :
* Intueri to exit Australia early; focus on NZ schools
* Intueri will cease operations in Australia on 29 march 2017
* Decision is in response to recent funding and regulatory developments which have had a material impact on Australian operations
* This has no impact on group's New Zealand operations.
* Intueri board is considering whether to appeal against decision on 2016 vfh funding cap uplift
* Intueri has entered into a standstill agreement with its bank
* Decision has no impact on group's New Zealand operations, which are run as a separate regional division
* Company has elected not to appeal ASQA's decision, and will therefore cease australian operations on 29 march 2017
* Is assessing a number of capital restructuring and strategic options for group, including a potential divestment of businesses
* Has been advised that its application to department of education and training to reconsider a A$5.6m uplift in 2016 vet fee-help funding has been declined Source text for Eikon: ID:nNZW3w7FVY Further company coverage: IQE.NZ