Articles tagged with Limited
Government Approves Infrastructure Levy to Build 1,500 New Homes at Te Awa Lakes
2 days ago | 89 viewsThe Government has approved the use of an Infrastructure Funding and Financing (IFF) Act Levy to support the construction of around 1,500 new homes in the Te Awa Lakes development near Hamilton by funding up to $50 million in water and roading infrastructure. The IFF Act enables infrastructure costs to be financed through a Special Purpose Vehicle that charges levies to benefiting homeowners, bypassing local government borrowing constraints and allowing growth to pay for growth. Additionally, the Government is enhancing the IFF Act and supporting developments like Te Awa Lakes with the Greenfield Model to reduce financing costs and promote affordable housing growth.
Tags: Chris Bishop Te Awa Lakes Infrastructure Funding and Financing Act Hamilton City Council New Zealand Government Housing Minister IFF Act Levy Greenfield Model National Infrastructure Funding and Financing Limited Coalition GovernmentRenewed Oil and Gas Prospecting in Canterbury Basin Boosts NZ Energy Outlook
2 days ago | 209 viewsA new prospecting permit application by CBX Energy Limited in the offshore Canterbury Basin reflects renewed confidence in New Zealand’s oil and gas sector, aiming to conduct technical and economic studies for basin development. The Canterbury Basin is a promising but underexplored area with potential hydrocarbons, offering opportunities to enhance domestic energy resources and economic growth. New Zealand Petroleum & Minerals is accepting competing applications until June 24, prioritizing them under the Minerals Programme for Petroleum 2025, with decisions expected later this year.
Tags: Canterbury Basin New Zealand Shane Jones CBX Energy Limited NZP&M petroleum prospecting permit offshore exploration oil and gas Crown Minerals Act 1991 Minerals Programme for Petroleum 2025Fast-Track Approval Granted for New Zealand’s Green Steel Manufacturing Plant
1 week ago | 254 viewsNational Green Steel Limited’s structural steel manufacturing plant in Hampton Downs, Waikato, has been approved through the Fast-track process, aiming to produce 200,000 tonnes of recycled steel annually using low-carbon electric arc furnace technology. The project will reduce steel imports, enable local recycling of scrap metal, create about 200 skilled jobs, and support New Zealand’s infrastructure development by strengthening supply chains. This is the 13th project approved under Fast-track and the first infrastructure project involving steel manufacturing, reflecting industry readiness to invest in sustainable infrastructure solutions.
Tags: Mr Bishop Mr Jones Mr Watts National Green Steel Limited New Zealand Green Steel Hampton Downs Waikato AucklandNew Zealand’s Commitment to Pacific Partnership and Media Connectivity at PCBL 10th Anniversary
1 week ago | 152 viewsThe speech celebrates the 10th anniversary of Pacific Cooperation Broadcasting Limited (PCBL) and emphasizes New Zealand’s strong commitment to the Pacific region through partnership, democratic governance, and regional connectivity. It highlights New Zealand’s efforts in supporting infrastructure, digital transformation, media freedom, and people-to-people connections, including visa cost reductions to enhance travel and collaboration. Amid increasing geopolitical challenges, New Zealand reaffirms its principled support for Pacific sovereignty, regionalism, and the Pacific Way, aiming to foster unity and resilience ahead of hosting the Pacific Islands Forum in 2027.
Tags: Brent Impey Natasha Melesia New Zealand Pacific Cooperation Broadcasting Limited Pacific Islands Forum Kiribati Pasifika TV Pacific Reset Pacific Way Pacific Islands Forum 2027Government Appoints Crown Review Team to Investigate Moa Point Wastewater Failure
2 weeks ago | 173 viewsThe Government has established the Crown Review Team, led by Raveen Jaduram and supported by legal and engineering experts, to investigate the catastrophic failure at Moa Point wastewater treatment plant and ensure it does not recur. The team will conduct a coordinated investigation for both Wellington City Council and Wellington Water Ltd, delivering interim and final reports by August 2026, with findings expected before the transfer of water assets to Tiaki Wai Limited. Local Government Minister Simon Watts emphasized transparency, coordination with Greater Wellington Regional Council’s regulatory activities, and the public release of findings while managing legal and enforcement risks.
Tags: Simon Watts Raveen Jaduram Helen Atkins Michael Weatherall Garry Macdonald Wellington City Council Wellington Water Ltd Tiaki Wai Limited Greater Wellington Regional Council WatercareSunfield Masterplanned Community Approved: 3,854 Homes Boost Auckland Growth
2 weeks ago | 164 viewsThe Sunfield Masterplanned Community in Auckland, approved through the Fast-track system, will deliver approximately 3,854 new homes, a town centre, healthcare services, retirement villages, and extensive green spaces, generating up to $3.2 billion for the economy and creating thousands of jobs. The approval process took 10 months, with concerns about infrastructure capacity addressed through development design and consent conditions ensuring growth funds its own infrastructure needs. This project marks the seventh housing development approved via Fast-track, highlighting the system’s effectiveness in accelerating major projects to support housing supply, jobs, and growth in Auckland.
Tags: Shane Jones Sunfield Winton Land Limited Auckland Arataki Homestead Bay Drury Metropolitan Centre Maitahi Village MilldaleNew Crane Dredging Barge to Boost Access and Resilience for NZ’s Small Ports
2 weeks ago | 172 viewsNew Zealand is investing $8 million through the Coastal Shipping Resilience Fund to co-fund a purpose-built crane dredging barge aimed at improving access to smaller ports that are often cut off during natural disasters. This new, cost-effective equipment will enable timely dredging of regional ports, ensuring essential supplies can be delivered by sea when road and rail links are disrupted. The $12.9 million barge, co-funded by Johnson Bros Limited, will be operational by late 2027 to enhance nationwide resilience and support community recovery.
Tags: James Meager New Zealand Whanganui Port Cyclone Gabrielle Greymouth Ōpōtiki Johnson Bros Limited Coastal Shipping Resilience Fund Northland Transport MinisterNew Zealand Welcomes Second Private Building Consent Authority to Boost Efficiency
3 weeks ago | 350 viewsNew Zealand has approved its second private Building Consent Authority (BCA), Farsight NZ Limited Partnership, to increase competition and capacity in the building consent system, aiming to reduce paperwork and speed up approvals. Farsight will manage key building control tasks for Summerset, a major residential builder, which will help alleviate pressure on council BCAs and improve consistency in applying the Building Code. All BCAs, including private ones, must meet strict accreditation and legal requirements to ensure strong consumer protections and efficient service delivery.
Tags: Chris Penk Farsight NZ Limited Partnership Building Consent Authority Building Consent Approvals Limited Summerset Ministry of Business Innovation and Employment Kāinga Ora International Accreditation New Zealand Building Code New ZealandNew Chatham Islands Supply Vessel Contract Signed for 2027 Delivery
3 weeks ago | 200 viewsThe procurement of a new 77-metre supply vessel for the Chatham Islands has reached a key milestone with the signing of a ship delivery agreement, ensuring its completion by the end of 2027 before the current Southern Tiare retires. The vessel, funded partly by a $24.3 million government contribution and contracted to 44 South Shipping Limited Partnership, will enhance freight capacity and service reliability, supporting local sectors like fishing, farming, and tourism. This agreement secures long-term, affordable shipping services between the Chatham Islands and mainland New Zealand, reflecting the government’s commitment to sustaining the remote community’s economic and social needs.
Tags: James Meager Chatham Islands Southern Tiare 44 South Shipping Limited Partnership McCallum Bros Ltd Nova Marine Carriers Associate Transport Minister New Zealand procurement supply vesselFast-Track Approval for Arataki Subdivision to Deliver 200 New Homes in Hawke’s Bay
1 month ago | 268 viewsThe Arataki subdivision in Havelock North has received Fast-track approval to deliver up to 200 new homes, generating an estimated $78 million investment and creating approximately 629 jobs over five years. This development aims to address Hawke’s Bay’s housing affordability crisis, where prices have surged significantly, by increasing housing supply for locals and temporary workers. Arataki is the sixth housing project approved through the Fast-track process, which accelerates infrastructure and housing developments across New Zealand.
Tags: Chris Bishop CDL Land NZ Limited Arataki subdivision Hawke’s Bay Havelock North housing affordability infrastructure residential development expert panelsGovernment Invests $2M in Central Otago’s Falls Dam Replacement Pre-Construction
1 month ago | 280 viewsThe Government is providing a $2 million loan through the Regional Infrastructure Fund to support pre-construction work on replacing the aging Falls Dam near St Bathans, vital for irrigating 8,000 hectares of Central Otago farmland. The funding will help Manuherikia River Limited assess regulatory, engineering, and financial aspects to ensure a secure and sustainable water supply for horticulture, viticulture, and farming. This project aims to enhance the region’s economic and climate resilience by delivering reliable irrigation and supporting higher-value land uses, with pre-construction expected to take about two years.
Tags: Mark Patterson Falls Dam Central Otago Manuherikia River Limited Regional Infrastructure Fund irrigation horticulture viticulture sheep farming water infrastructureFast-Track Approval Boosts Queenstown with 2,800 New Homes and Jobs
1 month ago | 224 viewsInfrastructure Minister Chris Bishop has approved a Fast-track application by RCL Homestead Bay Limited to build 2,800 homes and a commercial precinct in Queenstown, addressing the region's severe housing shortage and high prices. The project is expected to contribute $720.3 million to GDP and create approximately 4,420 construction jobs, while minimizing pressure on existing infrastructure through independent wastewater systems. This approval marks the 10th successful Fast-track project, demonstrating the system's effectiveness in accelerating essential infrastructure developments across New Zealand.
Tags: Chris Bishop RCL Homestead Bay Limited Queenstown New Zealand Homestead Bay Infrastructure Minister Queenstown Lakes Housing Development Economic BoostLong-Term Tourism Concessions Boost Jobs and Economy in South Island Destinations
1 month ago | 278 viewsConservation Minister Tama Potaka announced long-term tourism concessions in the South Island, including a 38-year concession for The Remarkables Ski Area and multi-decade agreements for the Milford Track and Te Ana-au Caves, aimed at supporting jobs and regional economies. These concessions provide operators with investment certainty while maintaining public access and enforcing environmental and safety standards. Tourism Minister Louise Upston emphasized that such stability helps businesses retain staff, deliver quality visitor experiences, and sustain local communities.
Tags: Tama Potaka Louise Upston The Remarkables Milford Track NZSki Tourism Milford Limited South Island Fiordland Te Rua o te Moko QueenstownOne Year On: $200M Boost Drives 463 Affordable Māori Rental Homes Delivery
1 month ago | 346 viewsOne year after the Government’s $200 million investment, 463 affordable rental homes for whānau Māori have been approved across 11 Māori-led projects, with 392 homes contracted and over 260 progressing through early development stages. These homes are located in high-need regions and are intended to remain affordable rentals for at least 25 years, supporting long-term housing stability and community capacity. The initiative aligns with the Government’s broader efforts to fix the housing system by unlocking land, improving infrastructure, and reducing building barriers to increase housing supply and economic growth.
Tags: Tama Potaka Toitū Tairāwhiti Housing Limited Te Hau Ora o Ngāpuhi Ngāti Whakaue Tribal Lands Māori whānau Tamariki Government affordable housing Māori housing providersFour New Community Forensic Step-Down Beds to Open Early in Waikato
2 months ago | 327 viewsFour new community-based forensic step-down beds will open early in March through a partnership between Ember Services Limited and Health NZ, accelerating the government's Mental Health Plan commitment. Funded by Budget 2025, these beds aim to improve access to specialist forensic services, supported by community teams and specialist staff to ensure patient and public safety while facilitating gradual reintegration and reducing relapse risks. This initiative complements existing facilities and forms part of a broader strategy to enhance mental health support, frontline staffing, and crisis response.
Tags: forensic beds community based beds Mental Health Minister Matt Doocey Ember Services Limited Health NZ Waikato Budget 2025 mental health plan specialist forensic services