Up to $80 million has been earmarked from the Fund for areas like new buildings and equipment to support transforming Industrial Research Limited into an advanced technology institute with up to 700 staff. • Invest $60 million over the next four years in a series of competitive National Science Challenges, to find innovative solutions to some of the most fundamental issues New Zealand faces in its future development. The National-led Government has already piloted this approach in the area of greenhouse gas emissions from agriculture.
sceptical towards state expenditure on education, for example in favour of study fees or private schools