05 Dec 2025
10 months ago
1032 views
On 5 December 2025, Australia and New Zealand held their third Climate and Finance Ministers’ 2+2 Dialogue, emphasizing collaboration on climate action, renewable energy investment, and regulatory alignment to lower energy costs, enhance security, and capitalize on economic opportunities from the net zero transition. They committed to joint initiatives including upgrading energy efficiency programs, aligning EV and battery standards, supporting sustainable aviation fuel development, and advancing sustainable finance frameworks to boost trade and investment. Additionally, the ministers reinforced their partnership in supporting Pacific resilience, coordinating economic reforms, and fostering regional cooperation to address climate impacts and promote long-term prosperity.
01 Dec 2025
10 months ago
1155 views
The Government will introduce a rates cap limiting annual council rates increases to between 2 and 4 percent per capita, aiming to control rising household costs while ensuring councils can maintain essential services. The cap will apply from January 2027 with a transition period for councils to adapt, and a regulator will oversee exceptions for extreme circumstances or justified revenue needs. Legislation will be finalized by early 2026, with the full regulatory framework implemented by mid-2029, including ongoing monitoring and reporting requirements for councils.
28 Nov 2025
11 months ago
1130 views
New Zealand’s new national wastewater environmental performance standards will streamline consenting processes for over 330 treatment plants, cutting costs by up to 40-60 percent and saving councils and ratepayers up to $830 million over 35 years. The standards use a risk-based approach to ensure strong environmental protection while enabling cost-effective solutions, addressing aging infrastructure and reducing unnecessary delays and over-engineering. Developed through extensive consultation, these flexible standards aim to ease ratepayer financial pressure, improve transparency, and support sustainable wastewater management starting December 2025.
26 Nov 2025
11 months ago
1175 views
The New Zealand Government is advancing reforms to improve infrastructure funding and financing to support housing and urban growth, focusing on land supply, infrastructure, and growth incentives through its Going for Housing Growth programme. Key initiatives include introducing the Infrastructure Funding and Financing (IFF) Amendment Bill, replacing development contributions with a new development levies system, and proposing the Commerce Commission as the regulator for development levies to ensure fairness and transparency. Public consultation on these reforms runs until February 2026, aiming to create a flexible, consistent system that enables faster housing development and better infrastructure delivery.
20 Nov 2025
11 months ago
1073 views
New Zealand and Iceland signed an agreement to enhance cooperation in geothermal energy development through joint research, industry workshops, and academic exchanges, focusing on superhot and supercritical geothermal systems. This partnership builds on decades of shared expertise and recent collaborations, aiming to advance renewable energy innovation and support New Zealand's goals to double renewable generation by 2050 and boost geothermal production by 2040. The agreement was formalized at COP 30 and includes financial commitments, such as New Zealand allocating up to $60 million for geothermal exploration in the Taupō Volcanic Zone.
14 Nov 2025
11 months ago
1054 views
Climate Change Minister Simon Watts will attend COP30 in Belém, Brazil, emphasizing the need for all countries to take meaningful climate action in line with the Paris Agreement. He aims to deepen cooperation for New Zealand's transition to a low-emission economy through innovation and investment. Additionally, Mr Watts will meet with global counterparts and promote New Zealand companies in São Paulo before returning on November 21.
04 Nov 2025
11 months ago
1117 views
Climate Change Minister Simon Watts introduced a new Assessment Framework for Carbon Removals in New Zealand, aiming to recognize and reward non-forestry carbon removals and support landholders and businesses. The framework aligns with the Government's commitment to climate action that stimulates the economy and promotes emissions reductions, fulfilling an election promise to explore biodiversity credits for initiatives like creating wetlands. Changes to the Climate Change Response Act will streamline processes, improve the NZ ETS, expand opportunities for carbon removal recognition, and reduce compliance costs for stakeholders, with an amendment bill planned for next year.
29 Oct 2025
12 months ago
1255 views
Revenue Minister Simon Watts has announced a refreshed Tax and Social Policy Work Programme aimed at boosting the economy by attracting capital, talent, and small business investment. The program focuses on removing regulatory barriers, delivering a stable tax environment, and encouraging critical investment in infrastructure. Key pillars include attracting capital and talent, supporting small businesses, simplifying the tax system, and improving integrity through targeted consultations and practical reforms.
22 Oct 2025
1 year ago
1273 views
Electricity Authority Chair Anna Kominik has resigned, with Energy Minister Simon Watts expressing gratitude for her leadership and contributions to significant reforms in the electricity sector. Ms Kominik's departure is tied to a new opportunity and the completion of the Frontier Economics Review of Electricity Market Performance, with plans for an organisational review before her replacement is appointed. The Government aims to strengthen the Authority's enforcement and analytical capabilities, with a focus on pro-competitive initiatives that prioritize consumer benefit and public value.
21 Oct 2025
1 year ago
1307 views
A Crown facilitator will assist Waitaki District Council in amending and resubmitting its water service delivery plan under the Local Water Done Well legislation, as requested by the Secretary for Local Government. The focus is on including an assessment of the condition, lifespan, and value of the district's water networks to ensure fair and transparent costs for infrastructure upgrades. The Council must conduct an asset condition assessment and update its plan by June 30, 2026, with the appointment of a Crown facilitator expected by mid-November to provide expertise and tools for this process.
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.
19 Sep 2025
1 year ago
1191 views
Twenty percent of councils have had their water services delivery plans approved, benefiting over 2.5 million New Zealanders with financially sustainable approaches for the next decade under the Local Water Done Well initiative. The collaborative effort in the Waikato Water Done Well plan covers multiple districts and aims to achieve efficiencies for over 170,000 people. By utilizing shared services and lower-cost finance, councils can manage water plan costs effectively, easing financial burdens on communities and ensuring prudent investments in water infrastructure.
18 Sep 2025
1 year ago
1276 views
The Government passed the Climate Change Response (Emissions Trading Scheme Forestry Conversions) Amendment Bill to prevent wholesale conversion of farmland to pine forests, aiming to balance food production and Emissions Trading Scheme (ETS) confidence. Key changes include limits on exotic forestry registrations for productive farmland, flexibility for farmers to convert up to 25% of land to forestry, and provisions for Māori-owned land. The Bill aims to support rural economies, create jobs, and ensure ETS credibility, with a review planned for 2028 to assess effectiveness.
16 Sep 2025
1 year ago
1196 views
The Government is amending legislation to support New Zealand's offshore wind potential, aiming to boost economic growth and energy production. The Offshore Renewable Energy Bill is being revised to address concerns from offshore wind developers about coexisting with seabed mining activities. The amendments will create designated marine spaces for offshore wind projects, providing investment certainty while pausing new permits for seabed mining under the Crown Minerals Act.
04 Sep 2025
1 year ago
1283 views
Councils have submitted water services delivery plans under the Local Water Done Well initiative to ensure quality and cost-effective water services for ratepayers. The government aims to address water services challenges by enabling councils to collaborate on financial sustainability and infrastructure development. Plans will be reviewed and considered for acceptance, with a focus on financial sustainability to ensure safe and resilient water services for communities.