28 May 2026
4 months ago
956 views
Budget 2026 focuses on responsible fiscal management by boosting funding for essential services and investing in critical infrastructure to support New Zealand’s future growth without increasing debt. It aims to strengthen the economy with projected growth, falling unemployment, rising wages, and a return to surplus by 2028/29, enabling targeted support for households affected by rising costs. The Budget also advances reforms in energy, planning, and public services to improve affordability, resilience, and economic opportunities for New Zealanders.
15 Apr 2026
6 months ago
1054 views
The Government will receive a $10 million special dividend from Landcorp Farming Limited, contributing to a total of $25 million in dividends returned to the Crown for the 2025/26 financial year. This payment reflects Landcorp’s strong financial position, improved operations, and commitment to delivering value for taxpayers, supported by favorable commodity prices and disciplined management. The special dividend follows a $9.5 million capital repayment from Fonterra and is considered a pass-through of this non-operating receipt, separate from Landcorp’s ordinary dividend policy.
28 Jan 2026
9 months ago
1334 views
The Government will present its 2026 Budget on 28 May, focusing on supporting core public services such as health care, education, defence, and law and order. Finance Minister Nicola Willis emphasizes tight control of discretionary spending, prioritizing limited commitments without excessive expenditure. The Budget aims to deliver savings and reprioritize existing funds to maintain essential services while restoring fiscal responsibility.
31 Oct 2025
11 months ago
1291 views
The Government is increasing and extending the Crown Liquidity Facility (CLF) for the New Zealand Local Government Funding Agency Limited (LGFA) to support local government borrowing. The CLF helps LGFA secure competitively priced financing for local authorities during exceptional circumstances. The facility, established in 2011 and never used, is being raised to $3 billion and extended to June 2037 to assist in financing critical infrastructure and public services.
22 Sep 2025
1 year ago
1383 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
1276 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.