Articles tagged with Asb
Government and Partners Invest $700K to Empower Auckland Youth Through Polyfest Program
6 days ago | 127 viewsThe Government, alongside Rangitāmiro Limited and One Foundation Limited, is investing $700,000 to support The Polyfest Trust's three-month leadership and mentoring programme for over 350 Auckland youth aged 12 to 24. The initiative, integrated with the ASB Polyfest Māori stage, aims to develop participants' leadership, goal-setting, and decision-making skills while preparing them for future education, training, and employment opportunities. Emphasizing culture and community, the programme fosters confidence, identity, and long-term success through personalised mentorship and engagement plans.
Tags: Polyfest Trust James Meager Youth Development Partnership Rangitāmiro Limited One Foundation Limited ASB Polyfest Youth Minister Kapa Haka Nationals International Youth Day Pacific cultural festivalsNew Zealand Launches Gas Transition Loan Guarantee Scheme to Support Businesses
2 weeks ago | 223 viewsThe Gas Transition Loan Guarantee Scheme, launched by the New Zealand government, aims to help businesses reduce reliance on gas by providing loan guarantees covering 80% of default risk, enabling banks to offer better lending terms and unlock up to $1.2 billion in financing. This initiative supports regional industries facing high gas prices and supply uncertainty by promoting energy efficiency and alternative energy investments to maintain competitiveness and protect jobs. Additionally, the Energy Efficiency and Conservation Authority offers independent support to help businesses assess energy options and plan practical transitions.
Tags: Nicola Willis Simeon Brown Shane Jones Gas Transition Loan Guarantee Scheme New Zealand Energy Efficiency and Conservation Authority ANZ ASB BNZ KiwibankNew Zealand Launches National Rural Recycling Scheme for Farm Plastics and Agrichemicals
8 months ago | 782 viewsNew Zealand’s Government has approved regulations for a nationwide rural recycling scheme that consolidates existing agrichemical and farm plastics programs into a single, free-to-use system to support sustainable farming and environmental protection. This industry-led initiative establishes a consistent product stewardship framework, encouraging shared responsibility among producers, sellers, and users to reduce waste and environmental impact while improving productivity. The scheme also extends benefits beyond farming, providing national take-back services for forestry, manufacturing, hospitality, tourism, and local authorities, promoting safer and cleaner rural communities.
Tags: Penny Simmonds New Zealand Agrecovery Plasback Ministry for the Environment Waste Minimisation Act farmers growers Environment Minister rural recycling schemeOpen Banking Launches in New Zealand: Faster Loans, Easier Budgeting & Secure Data Sharing
8 months ago | 918 viewsOpen banking officially launched in New Zealand on 1 December 2025, enabling faster loan approvals, easier bill management, and personalized budgeting through secure, regulated sharing of financial data with customer consent. The new system, regulated under the Customer and Product Data Act 2025, requires major banks to implement open banking capabilities and mandates accreditation for third-party data requestors to ensure security and trust. This initiative aims to boost innovation and competition in the banking sector, benefiting consumers, small businesses, and fintech companies by providing enhanced financial tools and services.
Tags: Scott Simpson Open Banking New Zealand MBIE Customer and Product Data Act 2025 ANZ ASB BNZ Westpac KiwibankGovernment Invests $5 Million in Centre Court Roof at Manuka Doctor Arena to Enhance Sports and Tourism
10 months ago | 926 viewsThe Government has announced a $5 million investment in a new Centre Court roof for Auckland’s Manuka Doctor Arena, aiming to secure the future of the venue and attract more visitors. This investment is part of the Government’s $70 million Major Events and Tourism Package to enhance facilities and drive economic activity across New Zealand. The Centre Court Roof project will expand event capabilities, increase seating capacity, and provide more opportunities for Kiwis to enjoy world-class sporting events, with completion planned for 2027.
Tags: Louise Upston Rafael Nadal Roger Federer Serena Williams Manuka Doctor Arena Auckland Centre Court Tennis Auckland ASB Classic Major Events and Tourism PackageGovernment Backs Community Housing Providers with New Loan Guarantee Scheme to Boost Social Homes
10 months ago | 1051 viewsThe 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.
Tags: Government community housing providers loan guarantee scheme Nicola Willis Chris Bishop ANZ ASB BNZ Kiwibank Westpac