14 Aug 2026
2 months ago
594 views
The New Zealand Government is enhancing infrastructure funding settings to ensure growth-related costs from Fast-track developments are recoverable by councils, addressing challenges like out-of-sequence projects and cross-boundary infrastructure impacts. Amendments to the Local Government Act 2002 will allow councils to update Development Contribution policies and recover costs more flexibly, serving as an interim measure until the new Development Levies system becomes operational in 2029. These changes aim to balance the acceleration of development through Fast-track approvals with fair infrastructure funding, supporting economic growth while maintaining effective service delivery.
20 Jun 2026
4 months ago
839 views
Nearly 99.5% of KiwiSaver contributors have accepted the increased default contribution rate from 3% to 3.5%, enhancing their retirement savings and financial security. This change affects about 1.8 million employees, with contributions rising from 6% to 7% of wages when including employer matches, and will increase further in 2028. The higher contributions are projected to significantly boost retirement funds, helping young New Zealanders both in retirement and in purchasing their first homes.
28 May 2026
5 months ago
946 views
The New Zealand Government plans to contribute $3.1 billion to the Superannuation Fund over the next four years, an increase of $2.2 billion due to updated population and inflation forecasts. The Guardians of New Zealand Superannuation have lowered their expected long-term returns from 7.8% to 7.2%, reflecting anticipated weaker global equity market performance. Contributions will continue until 2054, with superannuation costs projected to rise from $24.7 billion to $31.2 billion by 2029/30 as the population ages.
15 Apr 2026
6 months ago
1143 views
The latest Business of Ageing report reveals that older New Zealanders significantly contribute to the economy through paid work, self-employment, taxes, spending, and unpaid care, with unpaid work valued at over $20 billion annually. Workforce participation among those aged 65 and over is increasing, with projections showing the number of older workers will more than double in the next 50 years, necessitating new policies to harness their skills. The report emphasizes the importance of recognizing and supporting the economic and social roles of seniors to better adapt to an ageing population.
17 Feb 2026
8 months ago
1240 views
Health Minister Simeon Brown has welcomed the ratification of a new collective agreement for about 300 pharmacists employed by Health New Zealand, following a vote by APEX members. The agreement recognizes pharmacists' valuable work, offers workforce stability, and includes uplifts to professional membership contributions and other improvements. This initiative aims to build a more stable and supported pharmacy workforce to ensure timely, quality care for New Zealanders.
17 Feb 2026
8 months ago
1153 views
Health Minister Simeon Brown has welcomed the ratification of a new collective agreement for pharmacists employed by Health New Zealand, benefiting approximately 300 pharmacists nationwide. The agreement recognizes their valuable work, provides greater workforce stability, and supports their essential role in health service delivery. It also includes uplifts to professional membership contributions and other improvements, aiming to build a more stable and supported pharmacy workforce.
19 Nov 2025
11 months ago
1151 views
New Zealand reaffirms its commitment to the Paris Agreement by submitting an ambitious second Nationally Determined Contribution, prioritizing transparency, climate support, and adaptation, while urging all Parties to act urgently. The country highlights its progress in renewable energy, agricultural innovation, and pioneering climate adaptation legislation, emphasizing the importance of an inclusive, collaborative response that incorporates diverse voices, including young Māori leaders. New Zealand supports hosting COP31 in the Pacific to advance global climate solutions and calls for collective partnership to maintain momentum toward a low-emissions, climate-resilient future.
27 Oct 2025
12 months ago
1467 views
The Government is providing $150,000 in total to assist Clutha and Southland communities affected by severe weather, with $75,000 allocated to Southland and $25,000 to the Clutha District Council Mayoral Relief Fund for immediate needs. The Ministry for Primary Industries is contributing an additional $50,000 through the Mayoral Relief Fund to aid the rural sector in recovery efforts. The medium scale adverse event classification allows for further support for farmers and growers, including tax relief, Rural Assistance Payments, and activation of Enhanced Taskforce Green, with affected individuals encouraged to contact their local Rural Support Trust for assistance.
28 Aug 2025
1 year ago
1396 views
Rail Minister Winston Peters announced an increased annual contribution to the Rail Heritage Trust of New Zealand for restoring rail heritage buildings and structures. The Trust has restored various railway sites, including the Cass railway station, and aims to support more with local financial and volunteer help. KiwiRail is also repairing the historic rail footbridge at Moana and considering transferring ownership of the Mataura Railway Station to the Trust for restoration.