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It appears that a number of research funding schemes are coming to an end and that uncommitted funds were taken as savings. It is not clear what, if anything may be replacing these schemes.

image_transcoder.php?o=sys_images_editor&h=22&dpx=1&t=1710970310https://www.mbie.govt.nz/about/news/changes-to-the-research-science-and-innovation-portfolio/