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17 May 2024 10:09
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      Home > News > Business

    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

    30 April 2024
    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 Business News
     17 May: A study of four key infrastructure services has opened the conversation as to how we price them
     17 May: Uncertainty around Fonterra's plan to sell well-known brand Anchor
     17 May: Fonterra's CEO says the co-op's decided to divest a number of overseas operations, for the good of the business
     16 May: Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?
     16 May: Softening performance in the property market - reflecting external factors at play
     16 May: Regional New Zealand is facing challenging times as local economies slow
     16 May: A new report shows the poor economic climate continues to make life difficult for regional economies
     Top Stories

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    Blues welcome back former All Black and hand debut to brother of one for Saturday's Super Rugby match More...

    BUSINESS BUSINESS
    A study of four key infrastructure services has opened the conversation as to how we price them More...


     Today's News

    		 Business:
    A study of four key infrastructure services has opened the conversation as to how we price them 10:07

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     Entertainment:
    King Charles started sitting for his new official portrait when he was still Prince of Wales 9:41

     Entertainment:
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     Entertainment:
    Rory McIlroy has filed for divorce from Erica Stoll 8:41

     Entertainment:
    Isla Fisher has thanked friends and fans for their "love and support" in the wake of the news she is divorcing Sacha Baron Cohen 8:11

     Accident and Emergency:
    Fire crews have been dealing with an early morning house fire at Bay of Plenty's Waihi Beach 8:07

     Law and Order:
    Second police officer dies in violent riots as France sends more police to New Caledonia 7:57

     Law and Order:
    A Waikato man has been charged in relation to a suspected years-long mail-theft scheme 7:57

     Entertainment:
    Ryan Reynolds has cheekily joked about how his wife keeps him active when he gets home 7:41

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