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19 May 2024 12:51
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  •   Home > News > Politics

    Acknowledgement Pharmac's record funding-boost, will address the fiscal cliff it faces

    Acknowledgement Pharmac's record funding-boost, will address the fiscal cliff it faces


    An additional 1.7-billion dollars spread over four-years has been ear-marked for the drug-buying agency, in the upcoming Budget.

    Chief Executive Sarah Fitt says the extra cash covers time-limited funding for some treatments -- which ends this year.

    She says the fiscal hole was always known, as the funds outlined in Budget 2022 only went though to Budget 2024.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
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     18 May: Labour leader Chris Hipkins has outlined his vision to 2040 to party faithful in Auckland
     18 May: The hospitality sector is holding up despite economic challenges
     18 May: Plans to reverse Maori ward legislation would breach the Government's Treaty partnership
     17 May: A couple who lost 323-thousand dollars to an elaborate scam says Westpac should be liable for the loss
     17 May: Uncertainty around Fonterra's plan to sell well-known brand Anchor
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     Today's News

    Golf:
    Americans Xander Schauffele and Collin Morikawa are tied for the lead after round three of the PGA Championship 12:47

    Law and Order:
    Police are urgently seeking sightings of missing South Auckland woman Milika 12:27

    Accident and Emergency:
    A renewed warning about e-scooter safety .. after an Australian man was hit and killed in Melbourne 11:06

    Motorsports:
    Kiwi driver Scott McLaughlin's qualified second fastest for tomorrow's fast 12 phase of qualifying at the Indianapolis Grand Prix 10:46

    Basketball:
    The Taranaki Airs have cruised to a 108 to 70 win over the Manawatu Jets in basketball's NBL 10:26

    Rugby:
    A stunning effort from rising New Zealand middle-distance runner Maia Ramsden in the US this morning 10:06

    International:
    In the 'Nordic paradox', high rates of gender equality does not equal safety for women 9:56

    Entertainment:
    Melissa Joan Hart feels "really guilty" about taking Britney Spears out clubbing when she was underage 9:41

    Health & Safety:
    Kiwis are being urged to be prepared if their health suffers this winter 9:26

    Motorsports:
    Yet another milestone for reigning Formula One world champ Max Verstappen 9:26


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