Sure, Larry has billions of dollars, but obviously not enough to help his Warkworth company’s R&D

April 24, 2015
Driven by a fair wind and a nice Kiwi subsidy...

Driven by a fair wind and a nice Kiwi subsidy…

Alf’s mates in the Eketahuna Club are pretty keen for him to have a chat with Steven Joyce about some of the R&D funding handouts he loves to toss to people who seriously look like they don’t much need it.

They are livid that some of this boodle has been tossed to Oracle’s boatbuilder – potentially worth up to $17.25 million, according to media reports.

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Grant Dalton should forget about taxpayers puffing more wind into Team NZ’s sails

June 14, 2014
Bugger...let's see if Steven can get us ship-shape again.

Bugger…let’s see if Steven Joyce can get us ship-shape again.

Here’s hoping the Team New Zealand mob have kept enough of the taxpayers’ money in a kitty for a small farewell party.

That thought struck the member for Eketahuna North while he mused on the team’s latest bleat about its money problems.

Without an immediate cash injection – according to Grant Dalton – the syndicate will be “gone by the end of the month”.

So…

A fortnight hence Team NZ could be sunk.

Or so it seems, because the Herald reported:

With their bridging finance fast running out Grant Dalton yesterday reiterated the team’s dire financial position, warning without an immediate cash injection from the Government the syndicate would be “gone by the end of the month”.

“If we go, there ain’t no coming back. The start-up price of a team from scratch is so astronomical that it will never happen in this country.”

Alf happens to be sublimely indifferent to the fate of the boaties. If they can make it by themselves, good on them. If they can’t, too bad.

 

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It looks like Team NZ will be getting $36m of public money – but Helen has already spent some of it

April 23, 2011

But with your money and mine we will be ship-shape for 2013.

Dunno why we Nats are copping so much heat over the decision to pump $36 million of hard-earned taxpayers’ money into Team New Zealand’s 2013 America’s Cup campaign.

The blame should be heaped on Labour for doing the deal that contractually binds us to squander the money in this shameful way – a bloody boat race in San Francisco.

TVNZ has noted the Labour origins of the arrangement –

The Labour government signed an agreement with Team New Zealand as part of the team’s 2007 campaign against Alinghi in Valencia.

As acting economic development minister, David Carter can only try to ensure the best possible use is made of the investment.

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