Sharechat Logo

NZ Budget to fund "national science challenges"

Thursday 16th February 2012

Text too small?

A boost to science and innovation funding stands out as the only significant area of new spending not previously signalled for the 2012 Budget.

The Budget Policy Statement, issued this morning, highlights both the transformation of the Crown Research Institute, Industrial Research Ltd, into an advanced technology institute with campuses in Auckland, Wellington and Christchurch.

In addition, the Budget will “establish funding for a series of National Science Challenges to find innovative solutions to some of the most fundamental issues New Zealand faces in its future development,” the BPS says.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar headed for 1.3% weekly gain on expectations of a Fed rate cut
RBNZ knock-back gives Resolution chance to low-ball AMP - Jarden
Rail hubs may not boost Napier Port log trade
O'Connor looks to overhaul Biosecurity Act, improve animal tracing
Denton Morrell undefended at liquidation hearing
Contact steam to heat Norske Skog pellet business secured
Air NZ to amend booking engine after lawyer’s complaint
Ross McEwan to take helm at NAB
KPMG says bank capital proposals will wreck havoc on dairy farmers
Mild weather saps Vector's June-qtr volumes

IRG See IRG research reports