02 Sep 2026
1 month ago
454 views
The Reserve Bank raised the Official Cash Rate to 2.75% and expects the economic recovery to strengthen and broaden, supported by a resilient export sector and increased household spending. Inflation is anticipated to return to the mid-point of the target range, boosting purchasing power. Finance Minister Nicola Willis welcomed the assessment, highlighting the economy's resilience amid global challenges and the export-driven nature of the recovery.
02 Sep 2026
1 month ago
495 views
Finance Minister Nicola Willis welcomed the Reserve Bank’s assessment that the economic recovery is resuming and expected to broaden, highlighted by a 0.25 basis point increase in the Official Cash Rate to 2.75 percent. The Reserve Bank anticipates a strengthening recovery driven by a resilient export sector, increased household spending, and rising purchasing power as inflation moves toward the target range. Willis emphasized the economy’s resilience amid global challenges and noted that this recovery is export-led rather than reliant on rising house prices, offering a positive outlook despite ongoing difficulties.
02 Sep 2026
1 month ago
461 views
Trade and Investment Minister Todd McClay will host Australian Trade and Tourism Minister Don Farrell in Auckland for the annual Closer Economic Relations Trade Ministers meeting and discussions with trans-Tasman businesses to strengthen economic ties. In 2025, two-way trade between New Zealand and Australia reached $35 billion, with Australia being New Zealand's largest export destination and international visitor market. The visit will also include talks on tourism growth, Māori tourism, and regional economic development to enhance collaboration between the two countries.
02 Sep 2026
1 month ago
462 views
Trade and Investment Minister Todd McClay will host Australian Trade and Tourism Minister Don Farrell in Auckland for the annual Closer Economic Relations Trade Ministers meeting and discussions with trans-Tasman businesses to strengthen the partnership. Their 2025 two-way trade reached $35 billion, with Australia as New Zealand’s largest export destination and visitor market, highlighting the importance of maintaining strong economic and tourism links. Minister Farrell will also meet with Tourism Minister Louise Upston and participate in a Bay of Islands program focused on Māori tourism and regional economic development.
02 Sep 2026
1 month ago
481 views
The New Zealand Government is investing $1.97 million alongside industry partners in a seven-year programme to restore the southern scallop fishery in Tasman and Golden Bays, aiming to rebuild the marine habitat and create a self-sustaining fishery. The project involves restoring 39 hectares of seabed by placing mussel shells to improve conditions for scallops, addressing past habitat degradation and poor juvenile survival. With strong support from iwi and industry, the $5.02 million initiative is expected to generate $21 million in revenue over 20 years, benefiting the regional economy, biodiversity, and community wellbeing.
02 Sep 2026
1 month ago
441 views
The New Zealand Government is investing $1.97 million, alongside over 60% industry funding, in a seven-year program to restore the southern scallop fishery in Tasman and Golden Bays, aiming to rebuild the fishery, marine habitat, and biodiversity. The project involves restoring 39 hectares of seabed using mussel shells to improve habitat conditions, supported by science, innovation, and collaboration with iwi and industry stakeholders. This restoration is expected to generate approximately $21 million in new revenue over 20 years, benefiting the regional economy, seafood sector, and community wellbeing.
02 Sep 2026
1 month ago
451 views
Foreign Minister Winston Peters welcomed the US decision to provide $60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been actively working to help Pacific nations manage fuel dependency and price shocks. New Zealand’s development program focuses on boosting economic and energy resilience by promoting renewable energy and energy efficiency in the region.
02 Sep 2026
1 month ago
416 views
Foreign Minister Winston Peters welcomed the United States' decision to provide US$60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been collaborating to help Pacific Island countries manage fuel dependency and price shocks. New Zealand’s development program focuses on enhancing economic and energy resilience through renewable energy and improved efficiency to reduce reliance on imported fuels.
02 Sep 2026
1 month ago
514 views
The independent Crown Review into the Moa Point Wastewater Treatment Plant failure identified systemic issues in governance, accountability, asset management, risk management, and infrastructure resilience as key contributors rather than a single technical fault. Recommendations were made to Wellington City Council, Tiaki Wai, and the Minister of Local Government to improve compliance, communication, governance, asset stewardship, and risk-linked investment, with recovery efforts expected to complete by February 2027. The review underscores the importance of the Government’s Local Water Done Well reforms, which aim to strengthen oversight, accountability, and long-term planning to prevent similar infrastructure failures nationwide.
02 Sep 2026
1 month ago
403 views
The New Zealand Government has launched the Mahi Aroha Carers’ Strategy Action Plan to recognize and support unpaid or informal carers, focusing on health and wellbeing, financial security, and appreciation. Developed collaboratively with the Ministry of Social Development, Carers Alliance, and other groups, the plan sets ongoing, realistic outcomes without an expiration date to address carers' complex challenges. The initiative involved extensive consultation with carers and stakeholders, ensuring accountability and meaningful progress in improving carers' lives.
02 Sep 2026
1 month ago
431 views
The New Zealand Government has launched the Mahi Aroha Carers’ Strategy Action Plan to recognize and support unpaid or informal carers, focusing on health and wellbeing, financial security, and recognition. Developed collaboratively with the Ministry of Social Development, the Carers Alliance, and other advocacy groups, the plan is ongoing with realistic outcomes and accountability measures. The initiative reflects extensive community input and aims to provide a sustainable, long-term roadmap addressing the complex challenges carers face.
02 Sep 2026
1 month ago
468 views
New legislation will allow farm workers to use their KiwiSaver savings to buy their first home, addressing rules that previously excluded rural workers from first-home withdrawals. The bill also permits first-time farm buyers to use KiwiSaver funds for farms owned through companies, trusts, or partnerships they control, reflecting how farm ownership typically operates. These changes aim to make homeownership fairer and reduce debt for rural workers, enabling them to own property alongside their work.
02 Sep 2026
1 month ago
534 views
New legislation allows farm workers to use their KiwiSaver savings to buy their first home, addressing previous rules that excluded rural workers required to live on-site. The KiwiSaver (First Home or Farm) Amendment Bill also permits first-time farm buyers to use their savings when purchasing a farm through a majority-owned company, trust, or partnership, reflecting how farm ownership typically operates. This change aims to make farm ownership more accessible, reducing debt for new owners and recognizing the contributions of rural workers.
01 Sep 2026
1 month ago
478 views
New legislation granting the Serious Fraud Office (SFO) enhanced powers to combat fraud has passed its final reading in Parliament, addressing challenges in obtaining digital evidence and managing investigations. The Bill allows the SFO to obtain all necessary electronic evidence, apply for search warrants orally, and control search sites to prevent interference, while also updating evidence admissibility rules. This aims to strengthen law enforcement’s ability to tackle increasing and complex fraud cases, protecting New Zealanders from significant financial losses and white-collar crime.
01 Sep 2026
1 month ago
419 views
New legislation granting the Serious Fraud Office (SFO) enhanced powers has passed Parliament to better combat the growing and complex issue of fraud in New Zealand, which causes significant financial losses and harm. The new law allows the SFO to obtain digital evidence more efficiently, apply for search warrants orally, manage search sites independently, and clarifies evidence admissibility and police support during investigations. These changes aim to close legal gaps, reduce red tape, and strengthen law enforcement’s ability to protect New Zealanders from white-collar crime.