A public policy think tank is pushing the Government to take advantage of social impact bonds.

The model means the Government only pays providers when they achieve results for a particular problem.  

It had previously been used for the Genesis Youth Trust, which reduced youth reoffending by 30%.  

Maxim Institute Researcher Thomas Scrimgeour told Mike Hosking the beauty of social impact bonds is that it allows highly flexible and customisable interventions. 

He says you can target the people who are most vulnerable, not just the easy options.  

LISTEN ABOVE 

A public policy think tank is pushing the Government to take advantage of social impact bonds.
The model means the Government only pays providers when they achieve results for a particular problem. &nbsp;
It had previously been used for the Genesis Youth Trust, which reduced youth reoffending by 30%. &nbsp;
Maxim Institute Researcher Thomas Scrimgeour told Mike Hosking the beauty of social impact bonds is that it allows highly flexible and customisable interventions.&nbsp;
He says you can target the people who are most vulnerable, not just the easy options. &nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Thomas Scrimgeour: Maxim Institute Researcher on the push for the government to use social impact bonds

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c7c128e7-1d3b-4802-9ba1-b3a1013e0215/transcript

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