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University of Auckland looks for $300m

NZ NewswireNZ Newswire 24/09/2016
File picture: Students on the University of Auckland's campus. © Michael Bradley/Getty Images File picture: Students on the University of Auckland's campus.

The University of Auckland has launched a campaign to raise $300 million in what is being called one of New Zealand's largest-ever philanthropic efforts.

The university - the country's globally highest rated - is looking for the money to fund and speed up research into major national issues in a plan it's calling "For All Our Futures".

It hopes to answer questions such as: "Can we have the best school system in the world?" or "can we dramatically improve cancer survival rates?" along with how to build a more robust economy, how to earthquake-proof New Zealand and how to prepare students for the next century of work.

The funding would go to research projects, academic fellowships, staff positions and student scholarships.

"Future generations will have to face challenges that now seem intractable - climate change, unequal access to health care and education, the emergence of new diseases, an ageing population," vice-chancellor Stuart McCutcheon said.

"Research universities such as ours have a unique role to play in creating a better future."

Before the public launch of the campaign, the university had already raised $152 million in gifts and pledges from trusts and businesses and families.

The university aims to complete the campaign by 2020.

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