Menu
Labour: Why Kiwis deserve more than R&D "reheats"

Labour: Why Kiwis deserve more than R&D "reheats"

"Government’s $20 million a year spending on R&D might buy Steven Joyce some good photo ops at his favourite companies. But..."

The Government has relied on "regurgitated announcements" for this year’s Budget, if yesterday's speech is anything to go by.

That's the reaction of opposition and Labour Leader Andrew Little, who has slammed Science and Innovation Minister Steven Joyce after announcing plans to invest another $80 million over four years in R&D growth grants.

Administered by Callaghan Innovation, the plans are designed to encourage more private sector research and development and grow New Zealand’s R&D ecosystem, a move questioned by Little.

“National has been building up to this Budget for seven long years, promising a surplus and rewards for years of hard work and cut backs," Little says.

“Kiwis have fulfilled their end of the bargain. They deserve to see the pay back.

"The Government’s $20 million a year spending on Research and Development might buy Steven Joyce some good photo ops at his favourite companies.

“However, it won’t make a real difference to the export sector. To really support innovation we need an aggressive tax credit system that rewards all innovating businesses."

According to Little, this Budget must deliver "real gains for areas of real need."

“We have a housing crisis spinning out of control, the regions are being neglected and Kiwis are still waiting for the wage rises Bill English promised them,” he adds.

Furthermore, Little believes the announcement of $244 million over four years for ‘new’ schools is a reheat.

"A number of these supposed new schools have been announced before," he observes.

“This is the Government trying to dress up business as usual. Building schools as populations grow is a core Government function."


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags R&Dlabournational partySteven Joyce

Featured

Slideshows

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

More than 500 channel leaders gathered in Auckland on 21 October at the ​Reseller News Innovation Awards ​2020 to celebrate the achievements of the New Zealand technology industry's top partners, start-ups, vendors, distributors and individuals.

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners
Meet the winners of the 2020 Reseller News Innovation Awards

Meet the winners of the 2020 Reseller News Innovation Awards

Reseller News honoured the standout players of the New Zealand channel in front of more than 500 technology leaders in Auckland on 21 October, recognising the achievements of top partners, start-ups, vendors, distributors and individuals.

Meet the winners of the 2020 Reseller News Innovation Awards
Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Show Comments