Articles tagged with Funding

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Government Approves Infrastructure Levy to Build 1,500 New Homes at Te Awa Lakes

The Government has approved the use of an Infrastructure Funding and Financing (IFF) Act Levy to support the construction of around 1,500 new homes in the Te Awa Lakes development near Hamilton by funding up to $50 million in water and roading infrastructure. The IFF Act enables infrastructure costs to be financed through a Special Purpose Vehicle that charges levies to benefiting homeowners, bypassing local government borrowing constraints and allowing growth to pay for growth. Additionally, the Government is enhancing the IFF Act and supporting developments like Te Awa Lakes with the Greenfield Model to reduce financing costs and promote affordable housing growth.

New Zealand to Double EV Public Chargers with $52.7M Zero-Interest Government Loans

New Zealand's government is investing $52.7 million in zero-interest loans, alongside $60 million from ChargeNet and Meridian, to more than double the country's public EV chargers to around 4,550, aiming for 10,000 by 2030. This initiative addresses the current shortage of public chargers, a key barrier to EV adoption, by easing private sector investment and streamlining planning rules to accelerate infrastructure rollout. Expanding the charging network supports growing EV uptake, reduces emissions, and helps households save on fuel costs amid volatile global markets.

Charter Schools Show Promising Attendance Rates with Focus on Improvement

Associate Education Minister David Seymour reports that charter schools, which opened in 2025, have shown promising attendance rates slightly above state schools, with some schools significantly improving attendance among students facing educational challenges. Charter schools receive greater autonomy and funding flexibility but must meet minimum attendance standards based on their equity index, with ongoing monitoring and potential intervention by the Authorisation Board if standards are not met. The government aims for 80% regular attendance, emphasizing accountability to ensure more children attend school, learn, and succeed.

Transforming New Zealand Life Sciences: Innovation, Technology, and Future Growth

The Minister of Science, Innovation and Technology highlighted New Zealand’s significant reforms to its science system, including the creation of unified funding bodies, advisory councils, and major bioeconomy institutes to enhance research impact and economic resilience. Emphasizing the convergence of life sciences with advanced technologies like AI and quantum computing, the government is investing in platforms such as the Biodiscovery Platform and Infectious Diseases Research Platform to drive innovation, health security, and sustainable growth. The Minister also addressed the importance of modernizing gene technology regulations to keep pace globally, underscoring the government’s commitment to supporting science that benefits New Zealand’s economy, environment, and communities.

More Choice and Control for Disabled People’s Flexible Funding from April 2026

From April 2026, disabled people will have greater choice and control over their flexible funding without changes to their current budget allocations, as purchasing rules will be removed while still requiring spending to align with individual plans. These changes follow successful efforts since 2024 to stabilize the disability support system, including strengthened financial controls, improved needs assessments, and significant new funding to ensure sustainability and consistency. Support will be provided to help individuals manage their budgets, with some high-cost or specific purchases requiring pre-approval, reflecting feedback from the disability community and recommendations from the 2024 Independent Review.

New Zealand Fixes 98% of State Highway Potholes Within 24 Hours

The New Zealand Government has successfully improved pothole repairs on state highways, with around 98% fixed within 24 hours each month since July 2024, meeting or exceeding set targets. This progress is supported by a dedicated $3.9 billion Pothole Prevention Fund over three years, focusing on extensive road rehabilitation, resealing, and drainage maintenance to reduce pothole formation. These efforts have enhanced road safety and reliability, with ongoing maintenance programs and public reporting encouraged to sustain improvements.

New National Approach Streamlines Disability Support Services for All

A new nationally consistent approach to Disability Support Services (DSS) will standardize needs assessments and support allocations across New Zealand, ensuring fairness regardless of location. This change, informed by extensive consultation, includes personalized funding plans, consideration of families and carers, and greater choice for about 38,500 people with flexible funding. These improvements aim to simplify processes, enhance wellbeing, and provide a stable foundation for strengthening the disability support system long-term.

New National Approach Improves Disability Support Services for All

A new nationally consistent approach to Disability Support Services (DSS) will standardize needs assessment and support allocation across New Zealand, ensuring fairness regardless of location. This includes personalized funding plans, consideration of families and carers in assessments, and greater choice and control for around 38,500 people with flexible funding. The changes, informed by extensive consultation, aim to simplify processes, improve wellbeing, and provide a stable foundation for the disability support system's future.

Government Boosts School Maintenance Funding with 50% Increase from 2026

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.

Waikato Medical School Construction Begins to Boost Regional Healthcare and Training

Construction has begun on the Waikato Graduate School of Medicine, supported by over $230 million in funding, to train more doctors and improve primary care access in regional New Zealand. The new graduate-entry program, starting in 2028, aims to create a diverse medical workforce with a focus on rural and regional clinical placements, enhancing healthcare in underserved communities. This initiative complements the Government’s broader investment in the primary care workforce and supports regional development by providing local medical education and strengthening healthcare infrastructure.

New Infrastructure Funding Bill Boosts Housing Growth and Speeds Development

The Infrastructure Funding and Financing Amendment Bill aims to ease development by enabling upfront financing of growth infrastructure, allowing properties benefiting from development capacity to be levied, thus overcoming council funding constraints. The amendments will broaden project eligibility to include agencies like NZ Transport Agency and KiwiRail, remove bureaucratic barriers, and ensure faster decisions with fewer vetoes to accelerate infrastructure delivery. These changes support the Government’s Going for Housing Growth Programme by providing flexible funding tools that help both planned and unplanned infrastructure meet housing demand.

New Zealand Government Advances Infrastructure Funding Reforms to Boost Housing Growth

The New Zealand Government is advancing reforms to improve infrastructure funding and financing to support housing and urban growth, focusing on land supply, infrastructure, and growth incentives through its Going for Housing Growth programme. Key initiatives include introducing the Infrastructure Funding and Financing (IFF) Amendment Bill, replacing development contributions with a new development levies system, and proposing the Commerce Commission as the regulator for development levies to ensure fairness and transparency. Public consultation on these reforms runs until February 2026, aiming to create a flexible, consistent system that enables faster housing development and better infrastructure delivery.

New Zealand Launches Electronic Road User Charges System to Modernize Payments

The New Zealand Government is progressing towards modernizing road user charges (RUC) for its 3.6 million light petrol vehicles by launching a Request for Information (RFI) to explore electronic payment options. This initiative aims to replace the outdated manual system with technology-driven solutions that ensure ease of payment, data privacy, and compliance with legal safeguards, while allowing users to opt for either automated or manual methods. The reform, supported by the Land Transport (Revenue) Amendment Bill, seeks to involve diverse businesses and future-proof transport funding as vehicle fleets evolve.

New Zealand's Infrastructure Pipeline Hits $275 Billion with 12,000 Projects

The New Zealand Infrastructure Commission's latest update reveals nearly 12,000 infrastructure projects worth $275 billion, showing significant growth from $237 billion in June, with $181 billion now having full or partial funding. The Pipeline, covering projects across government and private sectors in areas like transport, water, and education, provides a comprehensive view to support better planning, economic growth, and workforce confidence. This update will guide the National Infrastructure Plan by highlighting funded and unfunded initiatives, improving decision-making and system performance nationwide.

Government Announces Further Funding for Storm-Damaged Farmers

The Government has allocated additional funding to aid farmers and growers in Southland, Clutha, and Hurunui districts in recovering from storm damage. Severe weather caused extensive destruction to powerlines, farm buildings, infrastructure, and affected dairy farms with prolonged power outages. The Rural Support Trusts in North Canterbury, Otago, and Southland are receiving up to $70,000 to assist in coordinating recovery efforts and supporting those in need, in addition to the $250,000 previously allocated for storm-affected communities.