Articles tagged with Development

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Independent Review Finds New Zealand's Minerals Royalty Regime Transparent and Competitive

An independent Deloitte review found New Zealand's minerals royalty regime transparent and comparable to similar countries, with most royalty revenue derived from legacy permits predating the 2013 framework. The report highlights the trade-offs between Crown returns, investment certainty, and sector stability, emphasizing the importance of fair returns amid emerging critical minerals opportunities. Policy work will continue with further advice in 2027, while decisions on changes will be made in the next government term.

Government Funds $200K Agri Futures Program to Support At-Risk Youth in NZ

The NZ Rural Games Trust has received $100,000 from the Youth Development Partnership and Innovation Fund, matched by the Trust for a total of $200,000, to run a ten-week ‘Agri Futures Pathways’ pilot program for at-risk youth aged 12 to 24 in the lower North Island. The program offers hands-on workshops in rural industry skills such as sheep shearing, quadbike safety, and horticulture, and supports participation in the national Clash of the Colleges competition. This initiative aims to engage young people with education and career opportunities in the primary sector, aligning with government goals to fund programs demonstrating successful outcomes.

New Amendments Boost NZ Infrastructure Funding to Support Housing Growth

The Infrastructure Funding and Financing Amendment Bill passed today enhances the existing Act by simplifying processes, broadening eligible projects, and allowing operational costs to be funded through levies, addressing previous barriers that limited its use. This legislation enables private investment to fund essential infrastructure, such as roads and water services, with repayments made via levies on benefiting properties, thereby supporting housing growth and economic development. The changes aim to accelerate infrastructure delivery, provide greater certainty for developers, and ensure that growth is sustainably funded, aligning with the Government’s broader Going for Housing Growth programme.

New Waitangi Tribunal Members Nick Wells and Rick Witana Appointed

Māori Development Minister Tama Potaka announced the appointments of Nick Wells and Rick Witana to the Waitangi Tribunal, replacing Dr Paul Hamer and Basil Morrison, who are stepping down after long service. Wells and Witana bring extensive expertise in governance, law, Iwi leadership, and Crown–Māori relationships, enhancing the Tribunal's work. Both new members will serve three-year terms, with Wells succeeding Hamer and Witana succeeding Morrison.

Māori Development Minister Tama Potaka Announces Key Governance Reappointments

Māori Development Minister Tama Potaka has confirmed the reappointments of Dr Charlotte Severne as Māori Trustee, Hinerangi Edwards to the Poutama Trust Board, and Brian Morris to the Te Māngai Pāho Board, ensuring continuity in governance across Māori land, economic development, and broadcasting. Each appointee brings extensive experience and a strong commitment to advancing Māori land management, enterprise growth, and the promotion of te reo Māori and tikanga Māori. Their leadership is expected to sustain the organisations' efforts in supporting Māori landowners, economic initiatives, and cultural broadcasting.

Government Contributes $50,000 to Support Kaikōura Flood Relief Efforts

The Government is contributing $50,000 to the Kaikōura Mayoral Relief Fund to assist with recovery from severe flooding and landslides that caused widespread damage in July. This funding, requested by the Kaikōura District Council, will support community needs like residential waste disposal and replacing uninsurable items, supplementing an earlier $50,000 grant to local farmers. Mayoral Relief Funds provide rapid, targeted aid to fill immediate gaps after emergencies, complementing other support from agencies without replacing insurance or other funding sources.

Government and Community Fund $950K to Boost Youth Education and Employment in Waikato

The Waikato Region will benefit from joint Government and community funding initiatives to support over 400 young people in education, leadership, and employment pathways. The Hauraki Māori Trust Board received $316,000 (matched to $632,000) for a two-year early intervention program aiding 320 students' transition to high school, while the Raukawa Charitable Trust got $120,000 to run employability and education programs for 80 youth. Youth Minister James Meager emphasized that these partnerships leverage local knowledge to provide tailored support, align with government targets, and enhance opportunities without extra taxpayer cost.

Government Grants $60M to Secure New Zealand’s Domestic Cement Manufacturing Through 2040

The New Zealand Government has agreed to provide up to $60 million to Golden Bay Cement (GBC) to maintain domestic cement manufacturing at its Whangarei plant and support at least $150 million in investments through 2040, ensuring economic resilience against global supply disruptions. This decision follows concerns that rising costs and emissions expenses threatened the closure of the country's only fully integrated cement facility, which is vital for essential infrastructure construction. The support is conditional, includes strict oversight, and aims to preserve strategic domestic capability without undermining the Emissions Trading Scheme or setting a broad precedent for taxpayer funding.

John Rae Reappointed Chair of Crown Regional Holdings Board for Three Years

John Rae has been reappointed Chair of the Crown Regional Holdings Limited Board for three more years due to his extensive legal, financial, and governance expertise. Crown Regional Holdings manages significant government investments aimed at supporting regional economic development across New Zealand, with a diverse portfolio spanning eight regional funds, 13 regions, and 19 industry sectors. As of the 2025 financial year, CRHL oversees 201 active contracts totaling $1,085 million in loans, equity, and capital assets, reflecting the government’s commitment to regional growth.

Bay of Plenty Aquaculture Settlement Boosts Growth and Jobs for Te Moana-a-Toi Iwi

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.

Jane Searle Appointed New Children’s Commissioner to Advocate for Kids' Wellbeing

Jane Searle has been appointed Children’s Commissioner, bringing over 15 years of experience in child protection, including roles as chief executive of Child Matters, a police detective, and legal professional. Social Development and Employment Minister Louise Upston highlighted Ms Searle’s deep understanding of children’s issues and her capability to advocate for their wellbeing. Ms Searle will begin her five-year term on 1 August 2026, succeeding Dr Claire Achmad, who was thanked for her dedicated service.

Parliament Removes 5-Year Ban for Real Estate Agents Failing CPD Requirements

Parliament has passed legislation removing the disproportionate five-year disqualification penalty for real estate agents who fail to complete continuing professional development (CPD) or pay fees on time, addressing concerns about fairness and relevance. The Regulatory Systems Amendment Bills also enhance conveyancers' ability to work, promote competition, and improve the justice system by allowing the Disputes Tribunal to order respondents to pay filing fees to successful claimants. These changes reflect the Government’s commitment to fit-for-purpose regulation and timely access to justice, with further court system improvements under consideration.

Government Funds $4.5M Mussel Spat Nursery to Boost NZ Greenshell Industry

The New Zealand government is funding a $4.5 million loan to establish a mussel spat nursery in Houhora Bay, Northland, aiming to stabilize and increase spat supply for the Greenshell mussel industry. The Te Hiku Aquaculture Mussel Spat Project, led by four iwi groups and co-funded with $1.3 million, will develop up to 150 mussel lines to improve spat survival and support nationwide mussel farming. This initiative aligns with the government’s Aquaculture Development Plan to grow the industry to $3 billion annually by 2035 and is progressing through the Fast-track consent process before funding is released.

Government Approves $22.4M Funding for Te Utanganui Freight Rail Hub in PN

The Government has approved up to $22.4 million to support the rail component of Te Utanganui, a major intermodal freight hub in Palmerston North linking rail, road, air, and sea. This funding, delivered in stages, will aid pre-construction and construction of the Bunnythorpe Regional Freight Hub, aiming to improve supply chain efficiency, drive economic growth, and create hundreds of jobs. The project, led by local agencies and supported by government investment, seeks to unlock industrial land, build resilience, and attract private sector co-investment to boost the lower North Island's logistics and manufacturing sectors.

New Ngāmotu Marae in New Plymouth to Boost Culture, Community, and Resilience

The New Zealand Government is investing up to $8.6 million to establish Ngāmotu Marae in central New Plymouth, providing Ngāti Te Whiti with a long overdue home and serving as a cultural, social, and economic hub for the wider community. The marae will feature facilities like a wharenui and wharekai, doubling as an emergency lifeline offering food, shelter, and essential services during crises. With a total cost of $17.8 million and multiple co-funders, the project aims to support jobs during construction and foster long-term cultural tourism, local enterprise, and community development.