Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Callaghan Innovation Bill passes third reading


HON STEVEN JOYCE

Minister of Science & Innovation
4 December 2012 Media Statement
Callaghan Innovation Bill passes third reading

The Callaghan Innovation Bill, which establishes a new high-tech HQ for manufacturing and services firms, today passed its third and final reading in Parliament.

Science and Innovation Minister Steven Joyce says Callaghan Innovation will be a one-stop shop offering firms the business innovation support they need to lift their international competitiveness and in turn boost New Zealand’s economic growth.

“New Zealanders are great at coming up with smart ideas but we need to be more successful at translating those ideas into high-tech products we can sell to world markets. Callaghan Innovation will help get those ideas into the marketplace faster,” Mr Joyce says.

“As well as offering its own research and development and product-testing services, Callaghan Innovation will better connect firms with the significant but highly-distributed innovation expertise, facilities and new technologies that exist across New Zealand’s many research organisations.

“It will also manage the Government’s business R&D co-funding streams; build partnerships to maximise commercialisation opportunities; and develop global connections through which New Zealand companies can access international expertise and keep abreast of technology trends and market opportunities.

“The Government has set a goal of raising the amount firms spend on R&D from 0.54 per cent to 1 per cent of GDP, and we see Callaghan Innovation playing a critical role in helping to leverage that greater investment.

“It will focus on industries with high growth potential such as food and beverage manufacturing, agri-technologies, digital technologies, health technologies, therapeutics, and high-value wood products.”

Callaghan Innovation will be based in Auckland, Wellington (including the Hutt Valley) and Christchurch. The new Crown entity is named after the late New Zealand scientist Sir Paul Callaghan, who championed the role science could play in boosting economic growth.


ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Harmful Digital Communication Bill Passes: Focus Must Be On Education

InternetNZ acknowledges the passage of the Harmful Digital Communications Bill into law this afternoon, and says that the sooner the education efforts at the heart of the legislation start, the better... More>>

ALSO:

3-Year Transport Plan: No Plans On Six Northland-Election Bridges

The Transport Authority’s decision to fund only four of the 10 bridges promised in National’s shameless Northland by-election bribe is a huge embarrassment for Transport Minister Simon Bridges, Labour’s Transport spokesperson Phil Twyford says. More>>

ALSO:

Gaza Blockade: Māori TV Crew Returning Safely From Israel

A Māori Television crew will be flown back from Israel after their boat was detained by the Israeli Navy while attempting to break the Gaza blockade. More>>

ALSO:

Family Violence: Increasing Reporting But Fewer Resolutions

“We are aware the Police have embarked on a significant programme of change in how they respond to family violence. The data suggests that adequate resourcing including investing in staff training, support and culture change will be required for this to be effective.” More>>

ALSO:

Health: NZ Children Still Suffer Rickets From Lack Of Vitamin D

Vitamin D deficiency continues to cause rickets in young New Zealanders, new University of Otago research has found. The researchers say that their finding suggests that at-risk mothers and children should be better targeted for Vitamin D supplementation. More>>

Also GPs, Housing, Milk: PM Press Conference On The UN Security Council

In a press conference today the Prime Minister discussed the upcoming appointment of New Zealand to chair the UN Security Council. He said they would put pressure Asad in Syria and attempt to “jump start” negotiations between Israel and Palestine. More>>

ALSO:

Housing: State Houses Could Sell To Overseas Groups

Bill English’s admission that he would sell hundreds of New Zealand’s state houses to the Australians is the latest lurch in the Government’s stumbling, half-baked housing policy, Labour’s housing spokesperson Phil Twyford says. More>>

ALSO:

AND:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news