01 Oct 2025
1 year ago
1298 views
The Government assures power companies it will provide capital for critical electricity infrastructure investments to ensure energy security and competitiveness. Measures include supporting equity injections for strategic projects and addressing gaps in the energy system to lower consumer prices. The Energy Package focuses on security of supply through LNG import facilities and building better markets by incentivizing new energy projects and strengthening regulatory bodies.
30 Sep 2025
1 year ago
1357 views
Andrew Barclay has been appointed as the new TVNZ Board Chair by Minister for Media and Communications Paul Goldsmith, with a professional career in global investment banking. His skills will provide strong oversight of financial performance and strategic decision-making for TVNZ. Barclay will join the TVNZ Board on November 3, succeeding Alastair Carruthers, who has chaired the Board since 2023.
23 Sep 2025
1 year ago
1254 views
Trade and Investment Minister Todd McClay is heading to Kuala Lumpur for high-level ASEAN Economic Ministers’ Meetings, marking the 50th anniversary of New Zealand’s Dialogue Partnership with ASEAN and emphasizing the commitment to elevate the relationship to a Comprehensive Strategic Partnership. With ASEAN being New Zealand’s fourth-largest trading partner, valued at over $29 billion annually, the focus is on strengthening ties to double export value in a decade. Trade with ASEAN has doubled under AANZFTA in the past 15 years, with potential for further growth, and Mr. McClay aims to advance New Zealand’s priorities, support Kiwi businesses, and foster strong trade relationships during his visit.
22 Sep 2025
1 year ago
1434 views
The Government is accelerating $413 million investment in school infrastructure to improve classrooms, boost builders and tradies in New Zealand, and ensure all children have access to safe learning environments. This investment includes $58 million for maintenance work, $255 million for improvements in isolated and rural schools, and $100 million for urgent infrastructure projects over five years. The aim is to support schools, stimulate the economy, and drive efficiencies in school property management to benefit students, teachers, and communities.
22 Sep 2025
1 year ago
1386 views
The Government announced a shift in digital investment and procurement in the public sector, aiming to save up to $3.9 billion in the next five years. The Government Chief Digital Officer (GCDO) will lead decision-making for digital investments, potentially saving 30% of the projected $13 billion technology spend. The goal is to transition to a citizen-focused, digital-first public service model, improving efficiency and providing better digital services while maintaining traditional service options.
21 Sep 2025
1 year ago
1291 views
The Government is investing $100 million to upgrade hospital facilities in New Zealand, focusing on modernizing and expanding clinical spaces to improve healthcare quality and access. The funding, part of Budget 2025, aims to address neglected infrastructure and ensure timely, quality care for all citizens. The program includes local projects nationwide and remediation efforts to strengthen essential hospital infrastructure, creating jobs and supporting frontline staff while enhancing patient care and hospital resilience.
19 Sep 2025
1 year ago
1420 views
The new Teacher Bonding Scheme, announced by Minister of Education Hon Erica Stanford, aims to support schools facing recruitment challenges by offering incentives of up to $40,000 over five years for teachers who remain at eligible schools. This initiative will help attract and retain great teachers, ensuring all children receive quality education. The scheme, set to start in October, will replace the existing Voluntary Bonding Scheme and BeTTER Jobs Programme, with a focus on addressing regional and urban recruitment disparities.
18 Sep 2025
1 year ago
1256 views
Finance Minister Nicola Willis highlighted the impact of global uncertainty on consumers and businesses based on released economic data. Stats NZ reported a 0.9% decline in real Gross Domestic Product in the second quarter following an initial increase. Willis attributed this downturn to international turmoil and tariffs affecting investment decisions. Looking ahead, there are positive signs of economic recovery, with lower interest rates, increased mortgage lending, and a forecasted strengthening of economic growth as tariff-related uncertainty diminishes.
18 Sep 2025
1 year ago
1298 views
Minister for Trade and Investment Todd McClay and Saudi Minister of Investment H. E. Dr Majid bin Abdullah Al-Kassabi signed a joint statement establishing the New Zealand–Saudi Arabia Business Council to enhance trade and investment between the two countries. Saudi Arabia, a top 20 export market for New Zealand with a significant economy, presents lucrative opportunities, especially with the upcoming free trade agreement with the Gulf Cooperation Council. The Business Council aims to support exporters, raise awareness of opportunities, strengthen relationships, and contribute to the government's goal of doubling exports in 10 years, ultimately creating more jobs and economic growth for New Zealand.
17 Sep 2025
1 year ago
1362 views
The 2024/25-2026/27 Rail Network Investment Programme, led by Rail Minister Winston Peters, allocates $1.360 billion over three years for infrastructure projects benefiting provincial New Zealand. The focus is on rebuilding railways to enhance economic efficiency and connectivity, with detailed regional summaries outlining extensive track maintenance and upgrades across the country. The investment includes new train control centers, wagons, locomotives, and ferries, emphasizing the importance of ongoing infrastructure maintenance and renewal to support a thriving rail network.
16 Sep 2025
1 year ago
1377 views
Minister Todd McClay met with Saudi Arabia’s Minister of Investment to enhance investment ties between the two countries, leveraging Saudi Arabia’s Vision 2030 reform agenda. The meeting follows the New Zealand-Gulf Cooperation Council Free Trade Agreement and aims to boost trade and investment cooperation, focusing on key growth sectors like renewable energy and tourism. Both ministers agreed to establish a Cooperation Framework Agreement to facilitate investment opportunities and strengthen collaboration between the two countries.
16 Sep 2025
1 year ago
1342 views
Minister Todd McClay announced five new commercial partnerships between New Zealand and Saudi Arabian companies during a Trade and Investment mission in Riyadh, expecting over $100 million in commercial value. The partnerships aim to deepen trade relations, boost exports, and align with Saudi Arabia's Vision 2030 for premium solutions. Examples include collaborations in nutrition products, fruit production, animal management, and creative industries like design and construction.
14 Sep 2025
1 year ago
1241 views
The Government has unveiled a $70 million investment package to boost major events and tourism projects in New Zealand, aiming to stimulate economic growth and confidence. Tourism and Hospitality Minister Louise Upston emphasizes the importance of major events in supporting local economies, creating jobs, and attracting visitors. The package includes funding for securing international events, supporting existing events, promoting regional tourism, and upgrading tourism infrastructure to enhance New Zealand's competitiveness as a tourism destination.
13 Sep 2025
1 year ago
1376 views
Minister Todd McClay will lead a delegation of 21 New Zealand businesses to Riyadh to enhance trade ties with Saudi Arabia, aiming to tap into the country's significant economic potential outlined in its Vision 2030 strategy. The mission will spotlight New Zealand's strengths in food, agriculture, technology, and creative sectors, aligning with the government's goal to double export value in a decade and support Saudi Arabia's development objectives. With Saudi Arabia already a key export market for New Zealand, bilateral trade has seen substantial growth, reaching $1.58 billion, showcasing the mutual benefits of the partnership.
12 Sep 2025
1 year ago
1311 views
The Minister for Prevention of Family and Sexual Violence and Minister for Children acknowledges key individuals and organizations in the field. Updates are shared on Te Aorerekura, the Oranga Tamariki Action Plan, and efforts to address trauma and prevent violence. The government is focused on improving multi-agency responses, workforce capability, and effective commissioning and investment processes to better support vulnerable children and families. Collaboration, communication, and social investment are emphasized to enhance service delivery and support community well-being.