Larry Williams Drive

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

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Sinopsis

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. So everybody looked at it and went, are you actually gonna be able to afford it? Well now, it not only has to put in the $100 million, it has to put in $150 million between itself and some philanthropists it needs to find. Now, what do you think happens if for whatever reason, it cannot quite find that money? Who do you think is going to be called upon to fund the gap? The long-suffering taxpayer. That's a blowout for us. Now, that's not even mentioning the chances that this thing costs much more than what they say it's gonna cost. I'm very suspicious about how it is that a $380 million project suddenly got cut do