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Other Details From Today's Budget

Contributor:
Fuseworks Media
Fuseworks Media

Wellington, May 28 NZPA - Other allocations in today's budget:

Science and Technology.

* an extra $40 million over four years to the Crown Research Institute (CRI) capability fund, to help CRIs maintain and develop research;

* $36m over four years to the Marsden Fund, to help investigator-initiated research;

* $32m over four years for health research;

* $4m in new funding over four years for the Prime Minister's Science prizes;

* $16m capital injection in 2010/11 for the Kiwi Advanced Research and Education Network, to help telecommunications research.

Foreign Affairs

* a review of the five-year $621m funding from last year's budget, cutting $9.5m in the 2008/09 year, and $298.6m over the next four years

Arts and Culture

* an extra $7.1m over the next four years to Culture New Zealand;

* an extra $3.4m over the next four years to the Royal New Zealand Ballet.

Primary sector

* $190m over four years for the Primary Growth Partnership, which at its peak will invest $70m a year in primary sector (pastoral, horticulture, seafood, forestry and food processing) innovation;

* $1.9m over four years to help develop sustainable aquaculture.

ACC

* $500,000 in new funding in 2009/10 for a "stock take" of ACC accounts.

Commerce

* $11.7m to "further strengthen" financial regulations over the next four years;

* boost to the Securities Commission budget by $2m in 2009/10; $4m in 2010/11; and $2.9m in each of 2011/12 and 2012/13.

Child abuse

* $2.4m extra over four years, to help the campaign against the child pornography trade -- a 25 percent per annum boost for the Censorship Compliance Unit.

NZPA

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