06 Oct 2026
2 weeks ago
386 views
The Queenstown Cable Car project by Southern Infrastructure Limited has secured an initial $265 million private lending agreement with Private Capital Group, funded partly through the Government’s Active Investor Plus visa program. This cable car aims to connect key areas in Queenstown, providing a rapid public transport solution to alleviate road congestion amid the region’s rapid growth. The project exemplifies the government’s strategy to attract international investment for infrastructure development, leveraging private capital and innovative funding to address New Zealand’s infrastructure challenges.
09 Sep 2026
1 month ago
440 views
David McClatchy has been reappointed for three years as a member of the Guardians of New Zealand Superannuation Board, which manages the NZ Superannuation Fund and Elevate NZ Venture Capital Fund valued at $94.4 billion. His extensive experience in investment management and governance contributes to the board’s stability, leadership, and expertise during a period of economic uncertainty. The reappointment reflects the Government’s commitment to strong governance and robust investment performance to grow New Zealand’s sovereign wealth funds for future generations.
18 Aug 2026
2 months ago
611 views
Steve O'Connor has been appointed permanent Chair of the New Zealand Institute of Advanced Technology (NZIAT), having led the organization through its foundational phase since January 2026. NZIAT focuses on advancing technologies such as advanced materials, magnetic technologies, artificial intelligence, and quantum technology to strengthen New Zealand’s technology sector and economic opportunities. Additionally, Marko Bogoievski has joined the NZIAT Board, bringing expertise in technology investment, commercialisation, and governance to support the institute’s growth.
03 Aug 2026
2 months ago
548 views
Directors Whaimutu Dewes and Owen Coppage have been reappointed to the Transpower Board until 2029 to provide governance continuity during a $13 billion investment programme. Dewes offers expertise in governance, risk management, and stakeholder relations, while Coppage brings skills in energy utilities, technology, and digital transformation. Additionally, Rukumoana Schaafhausen was reappointed to Kiwi Group Capital’s board, bringing extensive commercial and Crown governance experience in the banking sector.
27 Jul 2026
2 months ago
699 views
Wellington Regional Hospital has introduced a new advanced radiation therapy Linear Accelerator (LINAC) machine, enhancing precise cancer treatment for patients across the region as part of a $12.6 million investment to modernize oncology services. This latest generation LINAC uses camera-based surface guidance for accurate patient positioning, minimizing radiation exposure to healthy tissue, and supports clinical innovation and staff training. The upgrade ensures continued high-quality care during installation, with a second LINAC replacement planned, contributing to a nationwide effort to expand and improve cancer treatment capacity.
14 Jul 2026
3 months ago
662 views
The Government is seeking feedback on the next phase of capital market reforms aimed at lowering the cost of raising capital for Kiwi businesses and improving returns for investors, with a focus on modernizing rules to keep pace with innovation and maintain investor protections. This phase follows last year’s reforms that reduced compliance costs and barriers to listing on the NZX, and now targets eight specific areas including product disclosure, director liability, crowdfunding limits, and broker activity. The consultation, open for six weeks, invites input from businesses, investors, and financial advisers to help create dynamic, competitive markets that support economic growth.
18 Jun 2026
4 months ago
834 views
The Government is removing health and life insurers from the mandatory climate reporting regime, as these insurers are not directly exposed to climate risks and reporting adds unnecessary costs to their clients. This change follows previous adjustments raising the reporting threshold and excluding certain schemes, reducing the number of businesses required to report from 164 to around 67. The focus remains on ensuring large businesses with significant impact continue reporting, while cutting red tape for firms where reporting is less relevant.
26 Mar 2026
7 months ago
1231 views
A bill has passed in Parliament providing temporary financial support to about 157,000 low-to-middle income working families affected by rising fuel prices due to the Middle East conflict, including a $50 weekly boost in the in-work tax credit starting April 7. The legislation also revises tax rules, such as thin capitalisation, to attract more foreign investment, particularly for infrastructure projects, while introducing measures to support startups, employee share schemes, new migrants, and digital nomads. These changes aim to strengthen New Zealand’s economy by helping households, encouraging business growth, and making the country more attractive for work, investment, and family life.
12 Mar 2026
7 months ago
1337 views
John Williamson has been reappointed as Chair of the Guardians of New Zealand Superannuation Board for two more years starting October 1, reflecting his strong leadership and extensive experience. The Board manages government investments in the NZ Super Fund and the Elevate NZ Venture Capital Fund, with five of seven members currently in their first term. This reappointment aims to ensure stability, continuity, and robust investment performance to grow New Zealand’s sovereign wealth funds for future generations.
05 Mar 2026
7 months ago
1225 views
Two experienced corporate leaders, Tim Mitchell and Juliet Tainui-Hernandez, have been appointed to the nominating committee for the Guardians of New Zealand Superannuation, alongside the reappointment of Chair Michelle Tsui and member Mark Butcher. The committee is responsible for identifying and recommending qualified candidates for the Guardians Board, which oversees the NZ Super Fund and Elevate NZ Venture Capital Fund. Mitchell and Tainui-Hernandez bring extensive expertise in governance, recruitment, risk management, and global investment, with their terms starting on March 1, while Tsui and Butcher have served since 2018.
18 Dec 2025
10 months ago
1460 views
State Owned Enterprises Minister Simeon Brown has appointed Mayurie Gunatilaka to the Airways Board and Susan Petersen to the Kiwi Group Capital Board, both for three-year terms. Gunatilaka brings extensive infrastructure governance experience to support Airways' air navigation services, while Petersen, also Chair of the Kiwibank Board, is the first KGC director to hold a position on Kiwibank’s Board, enhancing strategic alignment. These appointments aim to strengthen governance and leadership in critical sectors, with KGC adopting overlapping board memberships to boost strategic objectives while maintaining independent oversight.
18 Dec 2025
10 months ago
1578 views
The Government is enhancing mental health support by adding 31 specialist beds at Manor Park Private Hospital, including 15 for adults with complex long-term needs and 16 psychogeriatric beds for secure and transitional care. This expansion aims to provide faster access to appropriate care, reduce hospital stays, ease emergency department pressure, and improve patient outcomes in the Hutt Valley and Capital Coast regions. The initiative is part of a broader mental health plan focused on better infrastructure, more frontline workers, and improved crisis response to deliver compassionate, effective care.
17 Dec 2025
10 months ago
1423 views
Finance Minister Nicola Willis has welcomed the Reserve Bank’s decision to ease some capital requirements imposed on banks in 2019, including adjustments to risk weights. These changes aim to enhance competition, particularly benefiting smaller banks and increasing lending to key sectors like agriculture. The revised requirements maintain prudence while promoting a more balanced approach between risk management and fostering competition, with gradual implementation planned.
10 Dec 2025
10 months ago
1039 views
The Government is significantly increasing school maintenance funding for the first time since 2010, raising the Five Year Agreement (5YA) base rate by 50% and doubling the minimum allocation for small schools starting July 2026. This investment aims to ensure classrooms are safe, warm, and dry, allowing schools greater certainty and flexibility to plan essential upgrades and modernizations over the long term. Additionally, a $58 million package has already provided over 2,400 schools with one-off grants to address urgent maintenance needs, receiving positive feedback from school communities.
29 Oct 2025
12 months ago
1255 views
Revenue Minister Simon Watts has announced a refreshed Tax and Social Policy Work Programme aimed at boosting the economy by attracting capital, talent, and small business investment. The program focuses on removing regulatory barriers, delivering a stable tax environment, and encouraging critical investment in infrastructure. Key pillars include attracting capital and talent, supporting small businesses, simplifying the tax system, and improving integrity through targeted consultations and practical reforms.