NZ government provides funds for National School Rebuild Programme | NZ Market Update

  • July 03, 2020 08:32 PM NZST
  • Team Kalkine

Minister for Building and Construction, Jenny Salesa has announced a new programme for the building and construction sector to aid them in the reduction of greenhouse gas emissions. Ms Jenny Salesa said that the sector contributes a significant amount of carbon emissions to the overall NZ's carbon emission. If we are serious about reducing the emission and achieving carbon zero by 2050, such bold plans are needed. The new program will decrease greenhouse gas emissions during the construction work while people live and work in these buildings.

Jacinda Ardern and Chris Hipkins have declared significant funding for Auckland’s Northcote College, which is a part of the first wave of a new national school redevelopment programme to upgrade schools over the next ten years. It is the most impressive school redevelopment programme by the NZ government and will update about 180 schools over the next ten years; The first wave includes around 40 schools and has a budget of up to $1.3 billion.

Pacific Edge shares more than doubled in value on confirmation of acceptance under a key US medical regulation for its Cxbladder cancer test. The shares jumped as high as 68 cents from 27 cents yesterday, and were recently at 55 cents, up 104 percent and valuing the company at $379.3 million. The successful standard of care rating from the US Centres for Medicare and Medicaid Services means Pacific Edge will be reimbursed at a rate of US$760 per test from July 1, 2020. The CMS provides healthcare coverage for all US citizens over the age of 65 and assists coverage for low income earners.

#Pacific #NZgovt #Jacinda #Kalkine


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