Articles tagged with Ct
Showing 15 of 996 articles
John Harbord Appointed Chair of New Zealand Electricity Authority for 3 Years
15 Jul 2026 | 1 month ago | 462 viewsJohn Harbord has been appointed Chair of the Electricity Authority for a three-year term, bringing over 20 years of experience in law, governance, and public sector policy. Energy Minister Simeon Brown emphasized the Authority's role in ensuring an abundant, affordable, and reliable electricity supply that supports economic growth. Harbord succeeds Erik Westergaard, who will remain on the board as Deputy Chair.
Tags: John Harbord Simeon Brown Erik Westergaard Electricity Authority New Zealand Shipping Federation Major Electricity User’s Group Energy Minister Electricity market Governance professional Public sectorNew Zealand Updates Climate Change Response Act to Strengthen Adaptation and NZ ETS
14 Jul 2026 | 1 month ago | 490 viewsThe Government is amending the Climate Change Response Act to enhance efficiency, reduce costs, and ensure effective climate risk management, including legally requiring councils to develop 30-year adaptation plans for high-risk communities. The Bill also strengthens governance and transparency of the NZ Emissions Trading Scheme (NZ ETS), addressing investment disincentives and allowing for new carbon removal methods while excluding agriculture. These changes aim to streamline New Zealand’s climate framework, support emissions reduction targets, and deliver practical, results-focused climate action.
Tags: Simon Watts Climate Change Response Act New Zealand NZ ETS Climate Change Minister National Adaptation Framework Climate risks Decarbonisation Market governance Climate targetsNew Petroleum Exploration Permit Application Invites Investment in NZ Offshore Basin
13 Jul 2026 | 2 months ago | 507 viewsResources Minister Shane Jones has welcomed Sunda Energy's new petroleum exploration permit application in the offshore northern Taranaki Basin, marking the sixth such application since the government lifted the offshore oil and gas exploration ban. Sunda Energy, having entered the New Zealand market through acquiring Matahio Energy’s assets, seeks to conduct geological and seismic studies over a 645 sq km area with known potential, aiming to evaluate drilling targets. The competitive application process, open until October 14, 2026, reflects growing investor interest that could enhance New Zealand’s energy security, create jobs, and boost economic resilience.
Tags: Shane Jones Sunda Energy New Zealand Petroleum and Minerals Matahio Energy Taranaki Basin Cheal Sidewinder Puka Awakino Crown Minerals ActNew NZ Guidelines Boost Overseas Investment in Supermarkets for Lower Prices
13 Jul 2026 | 2 months ago | 492 viewsAssociate Finance Minister David Seymour has welcomed new Land Information New Zealand (LINZ) guidelines designed to simplify the Overseas Investment Act for international investors, particularly in the supermarket and grocery sector, aiming to attract credible investors and increase market competition. The government has also reformed application processing, significantly reducing average assessment times from 71 to 23 working days and meeting targets of five or fewer days for most investments, thereby streamlining approval processes. These changes are intended to boost international investment, which is vital for New Zealand’s economic growth, productivity, and job creation.
Tags: David Seymour Land Information New Zealand LINZ Overseas Investment Act New Zealand international investors supermarket sector grocery retail investment guidelines economic growthGovernment Invests $15.5M in Bay of Plenty Marina and Geothermal Projects
13 Jul 2026 | 2 months ago | 472 viewsThe Government is investing $12.5 million through the Regional Infrastructure Fund to develop Ōpōtiki Marina, supporting aquaculture growth and creating up to 87 construction jobs. Additionally, a $3 million grant will fund the Gas to Geoheat – Tauranga Geothermal System Project, exploring geothermal energy potential to support future renewable energy initiatives and create 15-20 jobs. These investments aim to unlock the Bay of Plenty’s natural resource potential, boost regional economic growth, job creation, and energy security.
Tags: Shane Jones Bay of Plenty Ōpōtiki Marina Regional Infrastructure Fund aquaculture GeoExchange NZ Limited Tauranga Geothermal System geothermal energy Te Kaha Mount MaunganuiBay of Plenty Aquaculture Settlement Boosts Growth and Jobs for Te Moana-a-Toi Iwi
12 Jul 2026 | 2 months ago | 459 viewsA major aquaculture settlement between the Crown and Te Moana-a-Toi iwi, involving 5000 hectares of new aquaculture space, aims to drive significant economic growth and workforce development in the Bay of Plenty. The region, known for open ocean mussel farming, has the potential to generate $200 million in annual revenue by 2035, contributing to the Government’s goal of $3 billion in aquaculture revenue nationwide. Oceans and Fisheries Minister Shane Jones highlighted the settlement as a milestone that supports iwi leadership and strengthens local communities through stable jobs and export opportunities.
Tags: Shane Jones Crown Bay of Plenty Māori Commercial Aquaculture Claims Settlement Act Tauranga New Zealand Aquaculture Development Plan mussel farming aquaculture settlementNew Zealand Promotes Premium Strong Wool at Bharat Tex 2026 in India
12 Jul 2026 | 2 months ago | 518 viewsAssociate Agriculture Minister Mark Patterson is visiting India to promote New Zealand's premium strong wool and strengthen trade relationships at Bharat Tex 2026, India's largest global textile expo. India is New Zealand's second largest wool market, with growing demand driven by sustainability trends and emerging innovative applications in various industries. The New Zealand government is investing over $65 million in 25 projects to support wool sector innovation, collaboration, and supply chain improvements.
Tags: Mark Patterson New Zealand India wool Bharat Tex 2026 textile expo sustainable fabrics wool growers wool sector innovationGovernment Invests $10M to Boost NZ Mental Health Telehealth Services
12 Jul 2026 | 2 months ago | 527 viewsThe New Zealand Government is investing over $10 million to strengthen mental health and addiction telehealth services, including funding for Lifeline, Youthline, and Whakarongorau to increase capacity and reduce wait times. This package will support approximately 16,000 additional calls and introduce an AI-enabled triage and referral tool to improve service efficiency and connect people to appropriate support. The funding provides Lifeline with operational certainty for 2026/2027 and expands Youthline’s capacity by 44 percent, addressing growing demand across the sector.
Tags: Lifeline Youthline Whakarongorau Matt Doocey New Zealand mental health addiction telehealth AI triage tool Government fundingNew Zealand Rejects Blanket Crypto ATM Ban, Opts for Targeted Regulation
09 Jul 2026 | 2 months ago | 560 viewsThe Government has decided against a blanket ban on crypto ATMs, opting instead for targeted regulations to reduce criminal misuse of virtual assets while allowing legitimate use. Cabinet will introduce regulation-making powers to restrict cash transactions for virtual assets, such as setting transaction limits or banning cash payments for high-risk assets if necessary. These measures are part of broader reforms to New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism system, balancing innovation with crime prevention.
Tags: Nicole McKee crypto ATMs virtual assets New Zealand government Cabinet decision Countering Financing of Terrorism cash transactionsNew Zealand Manufacturing Hits Strongest Growth in Nearly Five Years
09 Jul 2026 | 2 months ago | 524 viewsNew Zealand's manufacturing sector experienced its strongest growth in nearly five years, with the BNZ-BusinessNZ Performance of Manufacturing Index rising sharply to 59.7 in June, indicating robust expansion across new orders, production, and employment. The sector, which employs over 220,000 people and contributes significantly to GDP and exports, is driving economic growth and outperforming major global economies. Government support, including the Investment Boost initiative, is helping manufacturers invest in productivity-enhancing machinery, sustaining the sector's momentum and future development.
Tags: Cameron Brewer Stephen Toplis New Zealand BNZ BusinessNZ Manufacturing Small Business Investment Boost United States ChinaGisborne Opens New Crisis Recovery Café for Mental Health Support
08 Jul 2026 | 2 months ago | 554 viewsMental Health Minister Matt Doocey officially opened Gisborne’s new Crisis Recovery Café, a safe, non-clinical space where people experiencing mental health and addiction challenges can receive peer support and connect with community services without a referral. The café, run by Te Kupenga Net Trust, operates weekdays and aims to provide an alternative to emergency departments, emphasizing the importance of wraparound support and peer workers who understand lived experiences. This initiative is part of a broader rollout of eight Crisis Recovery Cafés nationwide to improve mental health support through trusted community organizations.
Tags: Matt Doocey Te Kupenga Net Trust Gisborne Crisis Recovery Café Te Kāuta café Mental Health Minister Tairāwhiti peer support emergency departments addiction challengesRenewed Petroleum Exploration in Taranaki Basin as NZ Lifts Ban
07 Jul 2026 | 2 months ago | 527 viewsNew Zealand has received its fifth petroleum permit application since lifting the exploration ban, with Taranaki Energy Pty Ltd applying to prospect in deepwater offshore Taranaki, an underexplored but highly prospective area. The proposed two-year work program involves seismic data reprocessing, basin modeling, and target identification to guide future investments, reflecting renewed momentum and growing confidence in the sector. The government’s open market regime allows continuous competitive applications, which will be assessed based on technical, financial, and compliance criteria to support energy security and economic resilience.
Tags: Shane Jones Taranaki Basin New Zealand Petroleum and Minerals Taranaki Energy Pancontinental Energy petroleum exploration exploration ban Minerals Programme for Petroleum 2025 Crown Minerals Act 1991 deepwater offshore TaranakiKiwi Businesses Boost Productivity with $800M Gains from eInvoicing Adoption
07 Jul 2026 | 2 months ago | 482 viewsKiwi businesses are projected to gain up to $800 million annually in productivity through full eInvoicing adoption, which has more than doubled in uptake recently, enabling faster payments and reduced paperwork. The government leads by example with prompt payments, achieving over 95% of invoices paid within 10 working days, and will require large businesses to send eInvoices to government agencies from January 2027. This initiative aims to improve cashflow, cut administrative costs, reduce invoice fraud, and create a more efficient business environment in New Zealand.
Tags: eInvoicing productivity gains Kiwi businesses Cameron Brewer NZIER Small Business Manufacturing Minister government payments invoice fraud cloud accountingNew Collective Agreement Boosts Pay and Services for Medical Imaging Technologists
06 Jul 2026 | 2 months ago | 556 viewsHealth Minister Simeon Brown has welcomed the ratification of a new collective agreement for approximately 1,000 Medical Imaging Technologists (MITs) employed by Health New Zealand, which includes pay increases of 2.5% in 2026 and 2% in 2027. The agreement supports a transition to seven-day service provision, enhancing scanning capacity to enable quicker diagnosis and treatment for patients. This ratification follows similar approvals for various other healthcare professional groups, reflecting constructive engagement between APEX and Health New Zealand.
Tags: Simeon Brown Health New Zealand Medical Imaging Technologists APEX PSA STONZ ASMS NZNO collective agreement healthcareNew Zealand Launches Strategic Diesel Reserve with Refurbished Marsden Point Tanks
06 Jul 2026 | 2 months ago | 492 viewsTwo refurbished tanks at Northland’s Marsden Point are now operational to store New Zealand’s strategic diesel supply, following a $21.6 million government investment to enhance fuel resilience amid global uncertainties. Z Energy was selected to supply and manage the 90 million litre diesel reserve, with the Crown controlling its release to ensure national security without affecting Z Energy’s stockholding obligations. The first diesel shipment has arrived, with the second expected soon, and fuel stock reporting will resume its regular weekly schedule as global conditions stabilize.
Tags: Nicola Willis Shane Jones Christopher Luxon Rob Buchanan Z Energy Marsden Point New Zealand Channel Infrastructure Regional Infrastructure Fund MBIE