Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search


Most significant Budget for S&I in many years

Science New Zealand

Most significant Budget for S&I in many years

Dr Warren Parker, chair of Science New Zealand and CEO of Scion, says today’s budget announcements are the most significant for many years in two ways:

“The increased level of public funding is substantial, and Government has committed to strengthening the connection between the excellent science done in New Zealand and getting it into practical application. This is a two-way connection, and is vital to ensuring we are doing the science that meets current needs and that also challenges and opens up new opportunities for both the public and private sectors.

“Public funding for research, science and innovation is increased across a range of areas – from health to commercialisation to environment, and research in other areas critical to New Zealand present and future wealth and well-being. The importance of international linkages in science is recognised.

“Science-based innovation is at the heart of opportunity for economic and social prosperity, and critical to protecting and enhancing our environmental wealth. It enables higher value, higher paid jobs and creates the wealth we need as a nation, to re-invest into our society for the future.

“The CRIs are deeply engaged with these sectors, and across the value chains. We know that these investments will help create a more innovative, agile country. We are in a global race, and New Zealand’s companies need to be able to compete globally through innovative products and processes.

“The CRIs will be working with our colleagues in the private and public sectors and in universities and other research centres, to maximise the value New Zealand gets from the RS&T investment.

“Strategically-aligned research is our particular strength. We are particularly pleased to see the government getting very serious about the science that supports opportunities in areas such as adding value through manufacturing, climate change, environmental research and application, the innovative primary sectors, and regional economic development.

“Regional development is often highly dependent upon the high value manufacturing and services which arise from the traditional local sectors. CRIs are dispersed across the regions, so we make a substantial contribution as knowledge and transfer centres and we look forward to identifying how additional value cane be released through working with regional research institutes.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


TradeMe: Property Prices In Every Region Hit New High For The Very First Time

Property prices experienced their hottest month on record in December, with record highs in every region, according to the latest Trade Me Property Price Index.\ Trade Me Property spokesperson Logan Mudge said the property market ended the year with ... More>>

Motor Industry Association: 2020 New Vehicle Registrations Suffer From Covid-19

Chief Executive David Crawford says that like some other sectors of the New Zealand economy, the new vehicle sector suffered from a case of Covid-19. Confirmed figures for December 2020 show registrations of 8,383 were 25% ... More>>

CTU 2021 Work Life Survey: COVID And Bullying Hit Workplaces Hard, Huge Support For Increased Sick Leave

New data from the CTU’s annual work life survey shows a snapshot of working people’s experiences and outlook heading out of 2020 and into the new year. Concerningly 42% of respondents cite workplace bullying as an issue in their workplace - a number ... More>>

Smelter: Tiwai Deal Gives Time For Managed Transition

Today’s deal between Meridian and Rio Tinto for the Tiwai smelter to remain open another four years provides time for a managed transition for Southland. “The deal provides welcome certainty to the Southland community by protecting jobs and incomes as the region plans for the future. The Government is committed to working on a managed transition with the local community,” Grant Robertson said. More>>


Real Estate: Auckland’s Rental Market Ends Year Near $600 Per Week Mark

The average weekly rent in Auckland reached a new high of $595 at the end of 2020, just shy of a long-anticipated $600 per week. More>>

University of Auckland: Pest-Free Goal Won’t Be Achieved Without New And Better Tools

New Zealand’s goal to become predator free by 2050 will remain an unrealised dream unless new technologies and advances in social engagement continue to be developed, researchers who first promoted it say. A team from the University of Auckland has ... More>>

OECD: Area Employment Rate Rose By 1.9 Percentage Points In The Third Quarter Of 2020

OECD area employment rate rose by 1.9 percentage points in the third quarter of 2020, but remained 2.5 percentage points below its pre-pandemic level The OECD area [1] employment rate – the share of the working-age population with jobs – rose ... More>>

Economy: Strong Job Ad Performance In Quarter Four

SEEK Quarterly Employment Report data shows a positive q/q performance with a 19% national growth in jobs advertised during Q4 2020, which includes October, November and December. Comparing quarter 4, 2020, with the same quarter in 2019 shows that job ad volumes are 7% lower...More>>