14 Oct 2025
1 year ago
1313 views
Finance Minister Nicola Willis has praised the Reserve Bank's plan to relax lending restrictions, aiming to assist first home buyers in achieving home ownership. The Reserve Bank is considering increasing the limit on new lending to owner-occupiers with less than a 20% deposit to 25%, potentially aiding more first-time buyers. Additionally, the proposal includes raising the amount banks can lend to residential property investors with deposits under 30% from 5% to 10%, following the introduction of debt-to-income restrictions to enhance banking system resilience.
13 Oct 2025
1 year ago
1252 views
The Government's mandate of structured literacy is positively impacting reading achievement nationwide, according to Education Minister Erica Stanford. All primary schools now teach structured literacy and the new English curriculum, with new entrants undergoing a phonics check after 20 weeks to assess reading progress. Phonics data shows a significant increase in reading success, with improvements seen across the country, leading to a reduction in students needing targeted support and notable advancements in Māori and Pacific student achievement.
13 Oct 2025
1 year ago
1211 views
Courts Minister Nicole McKee is updating the law to encourage the use of audio and audio-visual links (AVL) in courts for increased efficiency and improved access to justice. The new law will establish default appearance types for court events, promoting consistency in the use of remote participation. Additionally, the legislation will introduce new offences and penalties for unauthorized recordings of court proceedings to protect safety and fair trial rights.
10 Oct 2025
1 year ago
1222 views
The Government is considering selling its investment in Chorus to free up capital for more beneficial projects in New Zealand, following the completion of the Ultra-Fast Broadband initiative in 2022. Minister of Finance Nicola Willis highlights the need to redirect the capital into investments that will benefit New Zealanders, with Infrastructure Minister Chris Bishop aiming to expedite the sale to private investors by early 2026 to allocate the proceeds towards hospitals, schools, and roads in Budget 2026. NIFFCo will conduct due diligence on the securities, evaluate market interest, and provide recommendations on the optimal sales process, with a decision on the sale expected by the end of 2025 to ensure value-for-money expectations are met.
09 Oct 2025
1 year ago
1212 views
Finance Minister Nicola Willis highlighted the 2024/25 government financial statements, showcasing progress in restoring fiscal discipline. Key points include a decrease in core Crown expenses, steady net core Crown debt, and a better-than-forecast deficit in the operating balance. The Government's focus on savings has allowed for increased investment in key sectors while maintaining tax relief, with future plans to further reduce government spending as part of ongoing fiscal discipline efforts.
09 Oct 2025
1 year ago
1316 views
Changes to government procurement rules in New Zealand aim to give local businesses a better chance at winning contracts by introducing an economic benefit test, effective from 1 December. These new rules, resulting from feedback received during consultation, include simplifying processes, reducing the number of rules, and emphasizing the economic value and job creation for Kiwis. The changes are designed to make it easier for both local and international businesses to compete for government contracts while upholding international trade commitments and ensuring responsible use of taxpayer money.
08 Oct 2025
1 year ago
1117 views
Finance Minister Nicola Willis highlights the positive impact of the 50 basis point Official Cash Rate reduction on Kiwi households and businesses, easing financial pressure. The reduction in OCR will lead to lower interest rates for mortgage-holders and businesses, stimulating growth and investment. The Government's focus on responsible economic management, along with lower interest rates, aims to support recovery and drive policies for job and income growth to benefit all New Zealanders.
03 Oct 2025
1 year ago
1232 views
Women in Counties Manukau are now receiving specialist gynaecology care much sooner, with long waits for a first specialist assessment significantly reduced over the past year, according to Health Minister Simeon Brown. The number of women waiting over four months for their first gynaecology appointment dropped from over 305 to just 30, marking a 90.2 percent reduction. Counties Manukau clinicians and healthcare teams have played a crucial role in reducing waitlists through strategies like running extra weekend clinics and maximizing available clinic sessions, resulting in a 35.6 percent reduction in the total gynaecology waitlist.
01 Oct 2025
1 year ago
1327 views
The Government has introduced a new loan guarantee scheme to support community housing providers in delivering more social homes at a lower cost, with banks providing debt financing at reduced rates. This initiative aims to remove obstacles and inefficiencies in social housing delivery, with the Crown guaranteeing 80% of loans to eligible providers. The scheme, available until 2027, supports up to $900 million in new lending and refinancing, empowering community housing providers to expand and improve housing accessibility for those in need.
01 Oct 2025
1 year ago
1197 views
The Government has expanded the FamilyBoost scheme to provide more help with early childhood education (ECE) costs for Kiwi families, allowing households with incomes up to just under $230,000 to claim back 40% of their ECE costs, up to $300 a week. Finance Minister Nicola Willis encourages eligible families to check their eligibility on the Inland Revenue website and apply for the increased refunds. The Income Tax (FamilyBoost) Amendment Act increased the proportion of ECE fees families can claim, with an increase in the maximum amount families can claim per week and an expanded household income limit for eligibility.
01 Oct 2025
1 year ago
1184 views
Health Minister Simeon Brown announces new investment in physiotherapy workforce to improve access and reduce wait times for orthopaedic care. The Musculoskeletal (MSK) orthopaedic pathway, launched in August 2024, has already completed over 7200 first specialist assessments and 9500 follow-up appointments. By expanding the Advanced Clinical Practice Physiotherapist workforce and supporting postgraduate training, the initiative aims to increase assessment capacity, reduce unnecessary surgeries, and ensure 95% of patients receive timely care within four months.
01 Oct 2025
1 year ago
1289 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
1348 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.
29 Sep 2025
1 year ago
1195 views
New Zealand's first Advanced Practitioner Radiation Therapist specializing in prostate cancer is revolutionizing care in the lower South Island, providing faster access to treatment, personalized support, and improved outcomes for men. The role allows for consistent patient support throughout the treatment journey and enables specialists to see more patients in need of care. The new approach is already demonstrating tangible benefits for patients and clinicians, with plans to extend the model to a wider range of urological conditions in the future to improve patient experience and ensure timely, quality healthcare.
26 Sep 2025
1 year ago
1399 views
Attorney-General Judith Collins announced the appointment of 12 King’s Counsel, primarily recognizing barristers sole for their career excellence or extraordinary contributions to law. Chief Parliamentary Counsel Cassie Nicholson was appointed a KC for her significant legislative drafting contributions. The newly appointed barristers sole, including Brian Dickey, Tiana Epati, and Kevin Glover, have diverse legal expertise and a strong commitment to improving access to justice through pro bono work and community involvement.