Treasury recommended delaying some science investments to ensure 'value for money'

Fri, 15 Jul 2016

By Paul McBeth July 15 (BusinessDesk) - Treasury officials advised Finance Minister Bill English to put off funding several new science programmes for a year which they said couldn't yet demonstrate enough value for the money invested. In two aide memoires to English this year, Treasury officials said they backed plans for targeted funding in bodies that had proved themselves and were ready for investment, such as the Marsden Fund, Pre-Seed Accelerator Fund and Health Research Council. However, they were wary of immediately injecting new...

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