12 Dec 2025
10 months ago
1441 views
New Zealand’s Infrastructure Minister Chris Bishop announced new guidance from the Infrastructure Commission aimed at improving how government agencies maintain and manage nearly half of the country’s infrastructure assets. The Asset Management and Investment Planning guidance provides clear expectations, tools, and accountability measures to address widespread poor asset management in sectors like health, education, and justice. This initiative is part of a broader government program focused on practical improvements now and longer-term system changes, emphasizing the importance of maintaining existing infrastructure to avoid higher future replacement costs.
17 Oct 2025
1 year ago
1304 views
Andrew Wilson, a former investment banker with extensive experience in global markets, has been appointed to the Board of the Guardians of New Zealand Superannuation, overseeing the $85 billion Superannuation Fund. Prior to this role, Wilson held key positions at institutions like the Reserve Bank of New Zealand, Bank of England, and Goldman Sachs Asset Management. Acting Finance Minister Chris Bishop highlighted Wilson's valuable expertise in investment management and global markets, emphasizing his potential to make a significant impact on the Guardians' work. Wilson's official appointment to the Board is scheduled to commence on 20 October.
16 Oct 2025
1 year ago
1415 views
The Government aims to address delays and cost overruns in infrastructure projects caused by unknown underground pipes and cables. Infrastructure Minister Chris Bishop highlights the inefficiencies and disruptions resulting from inaccurate utility records, citing the Cameron Road redevelopment project in Tauranga as an example. A program has been initiated to enhance asset management systems and explore options for improving underground utility records to streamline projects and ensure accurate information is maintained whenever road corridors are opened.