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

 


$56.8m more for contestable science funding

Hon Steven Joyce
Minister of Science & Innovation

15 May 2014

$56.8m more for contestable science funding

The Government will increase its investment in contestable science with $56.8 million of operating funding over three years starting from 2015/16 as it continues to grow its science and innovation expenditure as part of the Business Growth Agenda, Science and Innovation Minister Steven Joyce says.

“High-quality scientific research is critical to increasing innovation and economic growth, and therefore to improving the lives of New Zealanders,” he says.

“Contestable science funding is an important component of the overall science funding system, and this additional funding will provide more opportunities for more research projects of scale across institutions and industry.”

This announcement continues a commitment to keep significantly growing the science investment budget in tough fiscal conditions to position New Zealand well as an innovative small country on the global stage.

“The Government has set a goal of increasing public expenditure on science to 0.8 per cent of GDP as fiscal conditions allow. Each year we have added investment through programmes like the National Science Challenges, the Marsden Fund, and the development of Callaghan Innovation.

“This initiative, and the additional $53 million for Centres of Research Excellence also announced in Budget 2014, take us closer to that goal.

“Our total annual cross-government investment in science and innovation is expected to reach $1.5 billion by 2015/16.”

The National Statement of Science Investment, which is being drafted, highlights the Government’s commitment to investment in science, which has increased by more than 60 per cent since 2007/08.

“This additional funding will help to achieve the goal set out in the statement - of a science system that produces high-quality, relevant, internationally connected research that makes a real difference to New Zealanders,” Mr Joyce says.

“The Statement also sets out our intention to reform the contestable funding system from 2015, to make it more flexible, less complex and more closely focused on research that is of relevance to New Zealand. This funding will support those reforms.”

The additional funding will be available from the 2015 contestable science funding round, with further increases planned for the 2016 and 2017 rounds. It will be managed by the Ministry of Business, Innovation and Employment.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On The Ombudsman’s Verdict On Paula Rebstock And Ian Rennie

Unfortunately, the brave and damning report by Ombudsman Ron Paterson on the “flawed” and “unfair” inquiry conducted by Dame Paula Rebstock into events at MFAT pulls back the veil on a far wider issue. More>>

ALSO:

Charities' Report: Stressed Families - Overstretched Services

“Like so many of the whānau and families they serve social service organisations are under huge financial stress. The support demanded from desperate people in communities is far outreaching the resources available.” More>>

ALSO:

Detention: Wellingtonians Protest Treatment Of Refugees

Peace Action Wellington (PAW) and around 50 Wellingtonians blockaded the Australian High Commission, creating a symbolic detention centre to protest the Australian Government's policy of mandatory offshore detention for refugees and asylum seekers. More>>

ALSO:

Diver's Alarums: Breach Means Training Provider Must Repay $1.47 Million

The New Zealand School of Outdoor Studies is to repay $1.47 million (GST-exclusive) to the Tertiary Education Commission (TEC) following an investigation which showed that some student enrolments between 2009 -2014 could not be validated and that courses were under-delivered against their agreement with the TEC. More>>

ALSO:

Education: Government Plans Suggest Bulk Funding Return

Plans by the Government to return to bulk funding are likely to see increased class sizes and schools most in need missing out on much-needed resources, Labour’s Acting Education spokesperson Grant Robertson says. More>>

ALSO:

Interim Report: Auckland Looks Long Term To Pay-Per-Km Road Pricing

Aucklanders can expect to be paying variable rates per kilometre to travel on the city's most congested roads under an emerging transport strategy being formulated by the government and the Auckland Council. More>>

ALSO:

Despite Promises: Government Extends Iraq Deployment

Cabinet has agreed to extend New Zealand’s contribution to the joint New Zealand-Australia mission to train Iraqi Security Forces until November 2018. More>>

ALSO:

On The 'Terrorism' Card:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news