Sport in New Zealand will soon be getting government backing in the form of millions and millions of dollars. It’s to assist in its recovery from the lockdown brought to bear trying to contain the novel coronavirus COVID-19 and will be rolled out in three stages.
NZ Finance Minister Grant Robertson, who is also the Minister of Sport, recently made the announcement. He noted that the Sports and Recreation sector contributes roughly NZ$5 billion per annum to our GDP and additionally employs over 50 000 people.
Robertson said that the package has been split into three parts because each section will address a different challenge. The first will tackle those in the short-term, the second those in the medium-term, and the third will help combat challenges in the long-term. Everyone will be able to avail themselves of it, from the All Blacks right on down to community-level grassroots organisations.
The NZ Government will be investing in three areas to support the sports sector over the next four years. An initial fund of NZ$83 million will be the first package released, as support extended to organisations in a bid to save jobs, help businesses stay afloat, and assist them as far as possible through the initial stages of the impact of the pandemic.
The second phase will total a roll-out of NZ$104 million to help national and regional sports organisations make the necessary changes in the post-COVID-19 landscape. The third will constitute NZ$78 million and will go towards finding innovative ways to deliver active recreation, play, and sport via new technologies and research.
| # | Site | Bonus | Bet | |||
|---|---|---|---|---|---|---|
| 1 |  | Ladbrokes |  | 5/5 | 100% Match up to $250 NZD | Bet now Review |
| 2 |  | Palmerbet | | 4.9/5 | 100% Match | Bet now |
More About Trent Wilson
Trent Wilson is OnlineBetting.nz’s resident sports news expert. He draws on his extensive sporting knowledge, his qualification in sports management and his passion for betting to provide the latest, most up to date information on sporting events in New Zealand and across the globe. Trent is a veritable treasure trove of sports information and has been betting online for several years. He prides himself in keeping his readers informed, and in always offering an unbiased standpoint that reflects exactly what’s going on in the sports world.
View Posts - Visit WebsiteYou May Also Like:
Analysts Issue Dire Warning Re NZ Sport
Several prominent sports analysts are calling on New Zealand’s government to either re-open the country’s borders to overseas teams or face a possible professional sports disaster. Opening New Zealand’s borders will ensure the survival of local sporting franchises, the analysts have said. Someone acutely aware of the potentially devastating financial ….
$30M Pledged To Sport Facility In Upper Hutt
Grant Robertson, who is New Zealand’s Minister of Finance, Sport and Recreation, has announced government-funding in the amount of $30 million being made available to the New Zealand Campus of Innovation and Sport (NZCIS), which campus is located in Upper Hutt. The campus proposes to be a one-stop-solutions-shop for elite ….
NZ Politician Teases Wallabies Over COVID-19 Break
New Zealand Sports and Finance Minister Grant Robinson had a cheeky remark at the ready for the Wallabies before he began talking about whether the Bledisloe Cup will happen this year. He explained that leaders on both sides of the Tasman are doing what they can to lift travel restrictions ….
Professional Sport Given the OK at Alert Level 2
Professional sportsmen and women will be able to resume their day jobs, as it were, when New Zealand goes down from Alert Level Three to Alert Level Two. But the exact date for the return of Super Rugby and Netball’s ANZ Premiership remains unknown. The government is set to decide ….
Robertson Reveals No Sport in NZ at Level 3
Grant Robertson, New Zealand Sports Minister, has said that there’s simply no scope for this sector to start up again while we’re at Level 3. He called the National Rugby League’s proposed dates ambitious. Our government is currently debating whether or not to end the nationwide Level 4 lockdown and ….