Parliament

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

 

ACC Savings Help Research And Development

Savings from the ACC changes introduced by National were contributing to research and development advances necessary for the knowledge economy, Prime Minister Jenny Shipley said today.

During visits to Hamilton's Ruakura Research Centre and the Livestock Improvement Corporation Ltd, Mrs Shipley was told the organisations were saving hundreds of thousands of dollars through the changes to ACC.

"In the case of Ruakura, which employs 1000 people, they are saving $200,000 from the introduction of competition in ACC. They have also saved a further $200,000 through competition in the telecommunications industry which enabled the Crown Research Institute to tender out its telecommunications contract.

"As for Livestock Improvement, the corporation is saving $161,000 through the ACC reforms and that's making a huge difference to the organisation's bottom line. It means the Dairy Board subsidiary can reinvest in its research into milk production, livestock breeding, and on-farm consultancy work.

"The knowledge economy of the future is based on new ideas and more research and development which requires more resources and more money. The ACC savings are helping with this."

Mrs Shipley said National's policy of more competition across all sectors was driving prices down and giving companies opportunities for reinvestment and expansion, which included job growth.

"I congratulate Ruakura for its tremendous work in the area of improving meat quality and also Livestock Improvement Corporation for helping our agricultural industry to take advantage of new technologies to improve the quality and prosperity of the industry.

"This is what the Bright Future is all about and the National Party is doing everything in its power to implement policies that make a tangible difference to those involved in science, research and development," Mrs Shipley said.

ENDS



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK


Gordon Campbell: On Reforming Parliament’s Toxic Culture

It would be nice to think Parliament was a forum where rationality ruled – and where policies are raised and evaluated in terms of their contribution to the greater good. Obviously, it isn’t like that... More>>

Historic Assualt Allegation: Parliamentary Service Staff Member Stood Down
Rt Hon Trevor Mallard said today: “I do not want to cut across any employment or possible police investigations, but I am satisfied that the Parliamentary Service has removed a threat to the safety of women working in the Parliamentary complex." More>>


 

Study: Guidelines Needed To Avoid Risks In Government AI

New Zealand is a world leader in government algorithm use – but measures are needed to guard against their dangers. This is the conclusion of a New Zealand Law Foundation-funded report from the University of Otago’s Artificial Intelligence and Law in New Zealand Project. More>>

ALSO:

Pike River: Families Welcome Opening Of Drift

The group representing 29 of the Pike River Families - the Pike River Family Reference Group - has welcomed the unsealing of the mine at a private family event this morning... More>>

ALSO:

Auckland Harbour Bridge: New Design For Walking And Cycling Crossing

The NZ Transport Agency has released plans for its preferred option for a shared path over the Auckland Harbour Bridge which will transform walking and cycling not only across the harbour, but throughout the city. The Transport Agency says its preferred ... More>>

ALSO:

Shaw First Reading Speech: Climate Change Response Bill

Madam Speaker, today we begin the task of amending the Climate Change Response Act [2002], to fulfil the commitment that we have made, as a country, to limit global warming to no more than 1.5 degrees Celsius above pre-industrial levels. More>>

ALSO:

Housing: More Unsold Kiwibuild Houses Bought By Govt

The Crown underwrite for unsold Kiwibuild homes has been triggered for a second time. Now lack of sales in Mike Greer's development in Canterbury and Auckland means the government has had to buy back seven more homes. More>>

ALSO:

camouflageGordon Campbell: Why We Shouldn’t Genuflect To Security

Reportedly most (and possibly all) of the Royal Commission investigation into the Christchurch mosque shootings will be closed to the general public and to the media… More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels