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

 

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news