Social bonds expanding in NSW, says visiting state premier

Tue, 18 Aug 2015

By Fiona Rotherham Aug. 18 (BusinessDesk) - As the Ministry of Health finalises negotiations on New Zealand’s first social bond, New South Wales Premier Mike Baird said the state was considering new social bonds targeting obesity and reducing prison re-offending. On his first official visit to New Zealand, Baird told a Trans Tasman Business Circle lunch in Auckland that Australia’s first two social benefit bonds, pioneered by the NSW government in 2013, had proved successful though it was “still early days”. A social bond introduces ne...

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