David Farrar: Waikato Medical School gets approved

The Herald reports:

The Government has agreed to build a new medical school, costing more than $230 million, at the University of Waikato.

The New Zealand Graduate School of Medicine will offer a four-year graduate programme for students who have completed a three-year undergraduate degree. …

Ryan Bridge: Should we be worried about the business of business cases?

ACT's insistence that the Waikato University doctors school cost was out of whack and based on a poor quality business case seems to have been proven correct.

Why else would the cost to the taxpayer has shrunk by $200 million? He says it was going to cost us $280 million.

If he was right, and he's one guy at the cabinet table, how many other business cases don't stack up?

Perspective with Heather du Plessis-Allan: I'm expecting the Waikato medical school costs to blow out

Now, here's a prediction for you - watch those Waikato University medical school costs blowout.

I reckon it's gonna blow out and there's all the signs this thing is gonna blow out.

Even when the Waikato University was itself putting in less money, which is $100 million, there were questions about whether it could afford it because Waikato University's debt level is maxed out at the moment.

Professor Robert MacCulloch: RBNZ's Board Chair & Medical School at Waikato?....

Question: How Can RBNZ's Board Chair Make the Best Non-Political Monetary Decisions when he's at the same time begging Finance Minister Willis for a new Medical School at Waikato?

Its a tense time at the Reserve Bank. It currently has an Acting, or Temporary, or Stand-In, or Stand-Up, or On Probation, or Interim, Governor ever since the Former Governor walked off in a huff. Finance Minister Willis and Reserve Bank Chair of the Board, Neil Quigley, who is also Vice Chancellor of Waikato University, are discussing monetary & financial regulation matters which put potentially billions of dollars of Big Monopoly Private Bank profits and bonuses at stake. This week, Willis & Quigley together announced there would be a Review of the Capital Requirements that the retail banks must adhere to. The Finance Minister was the driver behind that announcement, which came about from lobbying by the Big Banks.