Gene Tech the Winner in New Science Budget

Gene tech the winner in new science budget

Half of the savings found by cancelling research funds and institutes will be spent setting up an office to attract foreign science and an office to oversee a deregulated gene tech space.In total, $212 million was cut from the science sector in Budget 2025, of which $107m was spent setting up the office of the Gene Technology Regulator and Invest New Zealand. With the Gene Technology Bill before select committee, there has been criticism about i…

Budget 2025: Science system funding - Expert Reaction - Science Media Centre

Amid this year’s science sector reforms, the 2025 Budget includes money for the establishment of three new Public Research Organisations and a gene tech regulator. Science, Innovation and Technology Minister Dr Shane Reti announced that the Budget was reprioritising existing funding towards “new growth-promoting investments.” The SMC asked experts to comment. Associate Professor Pania Te Maro (Ngāti Pōrou, Te Whānau ā Pōkai), Kaihautū Māori – Te…

Reti ‘reprioritises’ science spending

Reading Time: 2 minutes The government is reprioritising existing science and innovation spending into areas it believes will generate economic growth and improve the wellbeing of New Zealanders. Science, Innovation and Technology Minister Dr Shane Reti said Budget 2025 will provide funding to establish three new public research organisations focused on bio-economy, earth sciences and health and forensic sciences. “They will be charged with seiz…