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New Zealand Cuts Science Funding Amid Gene Tech Controversy

5/22/2025

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Summary

Story summary

New Zealand's 2025 Budget slashed $212 million from the science sector, diverting funds to create a Gene Technology Regulator and bolster Invest New Zealand. Critics warn that the Gene Technology Bill's deregulation may benefit foreign firms. While there’s some support for STEM education, the overall research funding falls short of expert calls for greater investment, raising concerns about the future of innovation.

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Story summary

New Zealand's 2025 Budget slashed $212 million from the science sector, diverting funds to create a Gene Technology Regulator and bolster Invest New Zealand. Critics warn that the Gene Technology Bill's deregulation may benefit foreign firms. While there’s some support for STEM education, the overall research funding falls short of expert calls for greater investment, raising concerns about the future of innovation.