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Sir William Birch was a prominent National Party figure who contributed significantly to New Zealand's modernization during his nearly 30 years in Parliament. He was known for his exceptional diligence and commitment to public service, aiming to create a better future for the country. The Government and National Party extend their deepest condolences to his family and gratitude for his many years of service.
The Government is seeking feedback on the next phase of capital market reforms aimed at lowering the cost of raising capital for Kiwi businesses and improving returns for investors, with a focus on modernizing rules to keep pace with innovation and maintain investor protections. This phase follows last year’s reforms that reduced compliance costs and barriers to listing on the NZX, and now targets eight specific areas including product disclosure, director liability, crowdfunding limits, and broker activity. The consultation, open for six weeks, invites input from businesses, investors, and financial advisers to help create dynamic, competitive markets that support economic growth.
A $3.5 million government-funded project aims to provide 100 people with progressive conditions like Multiple Sclerosis and Cerebral Palsy access to high-performance power wheelchairs to improve independence, participation, and quality of life. The two-year research program will evaluate the social and economic benefits of advanced wheelchair technology in New Zealand, informing future policy, funding, and equipment provision. This initiative reflects the government's commitment to leveraging assistive technology to enhance wellbeing and reduce long-term health and support costs for disabled individuals.
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.
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.
New Zealand is investing $9 million to establish its first community-based hubs for Fetal Alcohol Spectrum Disorder (FASD) assessment, diagnosis, and support in Rotorua/Kawerau, Hawke’s Bay, and Gisborne, addressing significant local needs. These hubs aim to provide earlier intervention, comprehensive services, and family support to improve lifelong health, learning, and development outcomes for affected children and young people. This initiative builds on a previous $4.6 million government funding boost to prevent FASD and enhance support, tackling longstanding barriers to timely diagnosis and care.
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.
The Government is collaborating with farmers and rural communities in the Wairarapa to assess damage from recent heavy rain, including harm to roads, bridges, and farmland erosion. Agriculture Minister Todd McClay emphasized ongoing support efforts, coordination with local officials, and urged farmers to prepare for further adverse weather by safeguarding stock and infrastructure. Farmers needing assistance can contact the Rural Support Trust or MPI, with the Government ready to escalate its response as necessary.
The New Zealand Government has approved transport rule changes allowing children aged 12 and under to ride bikes on footpaths accompanied by an adult, and permitting e-scooters in cycle lanes, following public consultation. Other updates include a simplified 1.5-metre minimum overtaking gap for vehicles passing cyclists and horse riders, and a new rule requiring drivers to give way to buses leaving stops in areas with speed limits of 60 km/h or less. These reforms aim to create safer streets, clearer rules, and reduce bureaucracy, with implementation expected by the end of the year.
The latest government accounts reveal stronger-than-expected core Crown revenue and lower expenses, indicating an improving economy. Corporate tax revenue rose by $700 million, reflecting increased business profitability, and the deficit was $3 billion lower than forecast. Despite recent challenges like the Middle East conflict, economic indicators such as falling oil prices, rising business confidence, and increased exports suggest the economy is regaining momentum.
New Zealand’s new Healthy Futures (Pae Ora) Amendment Act prioritizes patients by strengthening accountability, reducing bureaucracy, and ensuring timely access to quality healthcare with measurable outcomes. The legislation replaces vague principles with clear health targets to improve system performance, transparency, and delivery after years of poor results under the previous government. Early improvements include reduced emergency wait times, faster treatment, higher immunization rates, and increased investment in hospitals and primary care.
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.
New rules require large power companies in New Zealand to offer time-of-use pricing plans that reflect varying electricity costs throughout the day, allowing customers to save by shifting usage to cheaper periods. These plans include peak, off-peak, and night pricing, and also reward customers who export solar power back to the grid, encouraging renewable energy adoption. This initiative is part of the Government’s broader strategy to provide affordable, reliable energy and give consumers more control over their power bills.
The New Zealand Government is providing a $40.68 million funding boost from July 2026 to support university research commercialisation, alongside new Intellectual Property (IP) rules that give researchers greater control and incentives to bring innovations to market. This initiative, including enhanced Commercialisation Partner Network funding and new Engagement Guidelines, aims to accelerate economic growth by fostering collaboration, building commercialisation skills, and supporting early-stage ideas to develop into start-ups and products. Additional funding is also allocated to the Founder and Start-up Support Programme and the New Zealand Institute of Advanced Technology to expand deep-tech incubation and advanced technology development.
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.