Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Lotto players help significant projects get off the ground

6 March 2014

Lotto players help significant projects get off the ground

Lotto New Zealand today celebrates the awarding of over $28 million in lottery funding, enabling significant community projects across New Zealand to become a reality.

Through the Lottery Grants Board’s Significant Projects Fund, Lotto New Zealand provides support to organisations undertaking major community-based projects.

This morning the Lottery Grants Board announced funding for 12 projects including the development of a Museum of Waitangi, the rebuild of Christchurch’s iconic Isaac Theatre Royal, and the construction of a National Aquatic Centre in Auckland.

Lotto New Zealand Chief Executive Wayne Pickup offered his congratulations to each of the grant recipients and is looking forward to following the progress of these key community projects.

“The positive impact each of these projects will have on New Zealand communities cannot be underestimated, with each one leaving a legacy that will benefit generations to come,” says Mr Pickup.

“We’re proud that profits generated from Lotto support projects, big and small, that benefit our local communities and we’re looking forward to watching each of these projects take shape over the coming months and years.”

Lotto New Zealand’s profits are distributed back into Kiwi communities via the Lottery Grants Board, providing a major source of funding for sport and recreation, arts and culture, environment and heritage, and community projects throughout New Zealand.

“Last year alone Lotto New Zealand transferred over $200 million to the Lottery Grants Board, enabling them to support these noteworthy projects in addition to thousands of smaller community projects across the country.

“Thanks to our players we’ve returned over $3 billion to New Zealand communities since Lotto began in 1987, with approximately 21 cents from every dollar spent on our products going straight back into the community,” says Mr Pickup.

Lotto New Zealand is the sole funder of the New Zealand Lottery Grants Board.

A full list of grant recipients can be found here: www.communitymatters.govt.nz/Latest-updates

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Callaghan Innovation: Investment To Help Deepen Innovation Reporting

Callaghan Innovation, the government’s high tech HQ for Kiwi business, is to help deepen New Zealand media coverage of the commercialisation of innovation through an arms-length partnership with independent business news service BusinessDesk. More>>

ALSO:

Tax Credits, Grants: Greens $1Bn R&D Plan

In the Party’s headline economic announcement, the Greens have launched their plan to build a smarter, more innovative economy which has as its centrepiece an additional $1 billion of government investment in research and development (R&D) above current spend, including tax breaks for business. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news