14 Jul 2026
3 months ago
792 views
Resources 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.
13 Jul 2026
3 months ago
795 views
Associate 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.
13 Jul 2026
3 months ago
736 views
The 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.
13 Jul 2026
3 months ago
741 views
A 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.
13 Jul 2026
3 months ago
872 views
Associate 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.
13 Jul 2026
3 months ago
839 views
The 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.
09 Jul 2026
3 months ago
917 views
The 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.
09 Jul 2026
3 months ago
824 views
New 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.
09 Jul 2026
3 months ago
884 views
Mental 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.
08 Jul 2026
3 months ago
812 views
New 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.
08 Jul 2026
3 months ago
731 views
Kiwi 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.
07 Jul 2026
3 months ago
919 views
Health 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.
07 Jul 2026
3 months ago
747 views
Two 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.
06 Jul 2026
3 months ago
804 views
The New Zealand Government is funding two critical minerals processing projects on the West Coast through the Regional Infrastructure Fund, allocating up to $50 million to Tāiko Critical Minerals and Westland Mineral Sands. These projects aim to add value to exported minerals like titanium, zirconium, and rare earths by establishing domestic processing facilities, creating skilled jobs, and strengthening regional and national economies. The investments support long-term economic activity and contribute to a secure, diversified critical minerals supply chain essential for modern technologies and clean energy systems.
04 Jul 2026
3 months ago
748 views
New Zealand has passed landmark legislation to overhaul its mental health laws for the first time in over 30 years, modernizing compulsory care, strengthening rights, and ending seclusion for young people. The reforms introduce new protections to keep mothers and babies together during compulsory care, limit the use of seclusion for adults, enhance supported decision-making, increase family involvement, and restrict electroconvulsive therapy use. These changes, influenced by feedback from those with lived experience and recommendations from the Royal Commission, aim to improve safety, dignity, and recovery-focused care, and will take effect in two years.