Administrators v. faculty

The Inside Higher Ed magazine has an interesting fact on higher education in the US,

...the majority of full-time professional employees in higher education are in administrative rather than faculty jobs.

One wonders how this improves the quality of research and teaching in US universities. As Arnold Kling has noted,

A university consists of a faculty attached to a fundraising apparatus, where it used to be the other way around.

Is New Zealand really any different?