26 June 2010

NZ boost for high performance sport

Govt Boost for High Performance Sport@SPARC

The Government has today announced a major re-shaping and expansion of high performance sport in New Zealand. Minister for Sport and Recreation, Murray McCully, says the aim is to ensure that New Zealand is consistently one of the most successful sporting nations in the world.

Key features of the changes announced today by Prime Minister John Key and Minister for Sport and Recreation, Murray McCully are:

-The most significant funding injection into high performance sport in New Zealand, amounting to new Budget funding of $10 million in 2010/11, $15 million in 2011/12, and $20 million annually after that. By the 2012/13 year, total funding for high performance sport will be over $60 million annually, compared to the current annual allocation of $42 million;
- $15 million injection from Lottery Grants Board reserves, of which $10 million has already been received by SPARC, which will contribute towards high performance infrastructure development;
The establishment of a new High Performance Institute as a separate entity within SPARC, charged with overseeing government investment into world class sporting facilities and delivery of athlete support, with a distinct high performance culture of excellence;
- $40 million expansion of the Millennium Institute (into which the Government will invest $15 million) which is currently the home of the North Island Academy of Sport and the majority of our top athletes, and will become the National Training Centre for High Performance Sport;
-Plans for a further $40 million development of a network of satellite high performance facilities (to which the Government will make key cornerstone contributions) at QEII in Christchurch, the home of the South Island Academy of Sport; rowing and canoe racing high performance centres at Lake Karapiro; a centre for sailing, triathlon, and ocean kayaking at Takapuna; a new high performance centre for cycling; and regional Academy feeders in Wellington and Dunedin;
- significant boost to supporting our best athletes with direct funding, by retaining and recruiting top coaches, providing world class sports science and medicine services through the two Academies of Sport, and through innovation and technology that will give our athletes a competitive advantage on the world stage.

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