Articles tagged with Limited
Fast-Track Approval Granted for The Point Mission Bay Retirement Village in Auckland
1 week ago | 225 viewsThe Point Mission Bay retirement village in Auckland has received Fast-track approval to develop five interconnected buildings with 256 independent living units and 94 care suites, aiming to expand housing and care options for the growing over-65 population. This project, supported by Ngāti Whātua Ōrākei Whai Rawa Limited and Generus Living Group, is expected to create around 210 full-time jobs and contribute $3.8 million annually to the economy. It is the 24th project approved under New Zealand’s Fast-track process, which expedites infrastructure and housing developments to meet increasing demand and support economic growth.
Tags: Chris Bishop Shane Jones Ngāti Whātua Ōrākei Whai Rawa Limited Generus Living Group Tegan Harris The Point Mission Bay Auckland Retirement village Infrastructure Minister2026 Growing Native Forests Champions Awards Celebrate Environmental & Farming Success
1 week ago | 175 viewsForestry Minister Todd McClay praised the 2026 Growing Native Forests Champions Awards winners for demonstrating how native planting can complement productive land uses to enhance environmental and economic outcomes. The awards, with 67 entries, showcase diverse efforts from farmers, iwi, communities, and forestry companies in advancing native forestry to support environmental resilience. The six winners include individuals and groups recognized for large-scale restoration, community planting, sustainable farming, and promoting native timber and cultural values.
Tags: Todd McClay Ollie Langridge Ngāti Koata Trust Philip Leith Jenny Leith Kingheim Limited Styx Living Laboratory Trust Waingake Transformation Programme Forestry Minister Growing Native Forests Champions AwardsGovernment and Industry Partner to Boost New Zealand Strong Wool Value with Innovative Products
1 week ago | 165 viewsThe New Zealand Government and industry are partnering to transform strong wool into high-value products like inks, 3D printing materials, and bioplastics through an $8 million contribution to a $20 million project led by Wool Source Manufacturing Limited. The initiative will establish a large-scale manufacturing facility in Christchurch to produce wool-derived particles and powders for global markets worth over $50 billion, promoting sustainable, renewable alternatives to fossil fuel-based materials. This project aims to increase farmgate returns, support rural communities, and redirect up to 20% of the strong wool clip into premium applications, enhancing the sector's resilience and sustainability.
Tags: Todd McClay Mark Patterson Wool Source Manufacturing Limited New Zealand strong wool Primary Sector Growth Fund Christchurch bioplastics 3D printing Agriculture MinisterGovernment Backs NZ Forestry Innovation with $8M Mass Timber Project Boost
2 weeks ago | 161 viewsThe New Zealand Government, led by Agriculture Minister Todd McClay, is investing $3.2 million in a project to develop prefabricated mass timber modules, aiming to boost forestry sector innovation, onshore processing, and job creation. This initiative supports land use flexibility, sustainable productivity, and shifting supply from export to domestic markets, enhancing value and stability for regional economies. The project will assess technical, economic, and environmental factors to encourage long-term investment and provide data to help farmers and growers innovate and grow their businesses.
Tags: Todd McClay New Zealand Government forestry sector Agriculture Minister VoMo Limited Red Stag Investments mass timber modules sustainable productivity regulatory reformFast-Track Approval Granted for Kaimai Hydro-Electric Power Scheme Renewal
1 month ago | 284 viewsThe Kaimai Hydro-Electric Power Scheme in the Bay of Plenty has received Fast-track approval for re-consenting, enabling its continued operation and supporting New Zealand’s renewable energy goals by generating 169 GWh annually and avoiding 26,693 tonnes of CO2 emissions per year. This approval, the 23rd under the Fast-track process, took five and a half months following an independent expert panel review and highlights the scheme’s critical role in supplying electricity to approximately 24,600 households and contributing significantly to Tauranga's demand. The Fast-track process aims to expedite important infrastructure projects efficiently, with 46 projects currently progressing and 149 eligible under the Fast-track Approvals Act.
Tags: Chris Bishop Shane Jones Manawa Energy Limited Tauranga Bay of Plenty New Zealand Infrastructure Minister Regional Development MinisterNew Petroleum Exploration Permit Application Sparks Confidence in New Zealand Energy Sector
1 month ago | 320 viewsThe fourth petroleum exploration permit application since the lifting of the exploration ban has entered New Zealand's open market competitive process, signaling renewed investor confidence in the sector. The application, submitted by a joint venture led by East Coast Energy Ventures Limited, aims to explore onshore and offshore areas in Waikato, with a staged work program starting with seismic data reprocessing. Resources Minister Shane Jones emphasizes that responsible new exploration is vital for maintaining energy security as existing gas fields mature and production declines, despite ongoing investments in renewables.
Tags: Shane Jones East Coast Energy Ventures Limited Monumental Energy Corp NZ Limited 3TCF Limited New Zealand Energy Corp New Zealand Petroleum & Minerals NZP&M New Zealand Kāwhia Harbour TSX Venture ExchangeRyans Road Industrial Development Approved in Christchurch with 126 Lots
1 month ago | 307 viewsThe Ryans Road Industrial Development in Christchurch, approved through the Fast-track process, will create 126 industrial lots over 57.6 hectares near the airport, supporting infrastructure and generating approximately 755 construction jobs and $259 million in GDP. This project, lodged by Carter Group Limited in April 2025, is the 21st approved under Fast-track and aims to meet demand for industrial land benefiting logistics, warehousing, and manufacturing businesses. Fast-track has approved 21 projects so far, with 44 currently progressing, streamlining infrastructure and housing developments across New Zealand.
Tags: Chris Bishop Carter Group Limited Ryans Road Christchurch Canterbury Harewood Infrastructure Minister Industrial Development Construction SectorAshbourne Project in Waikato Approved for 518 Homes and Solar Farms
2 months ago | 411 viewsThe Ashbourne project in Waikato, approved through the Fast-track process, will deliver 518 new homes, a neighborhood center, open spaces with walking and cycling paths, two solar farms, and necessary water infrastructure. The project, submitted by Matamata Development Limited in February 2025, addresses housing demand in the rapidly growing Waikato region but excludes a retirement village and some residential areas on highly productive land due to environmental concerns. This approval marks the 19th Fast-track project, part of a broader initiative facilitating timely infrastructure and housing developments across New Zealand.
Tags: Chris Bishop Mikaela Bossley Clark Matamata Development Limited Ashbourne Waikato Arataki Drury Haldon Solar FarmFast-Tracked Waitaha Hydro Project to Boost West Coast Renewable Energy
2 months ago | 482 viewsA fast-tracked 23MW Waitaha Hydro project in the Waitaha Valley, supported by Westpower Limited and Poutini Ngāi Tahu, aims to generate renewable electricity for 12,000 homes and reduce CO₂ emissions by 129,000 tonnes annually, enhancing the West Coast’s energy resilience and lowering high electricity costs. The project, which took about 20 years to progress and received necessary approvals within five months under the Fast-track Approvals Act, is expected to create 71 full-time jobs during its $160-$200 million construction phase. This initiative also contributes to New Zealand’s broader energy system by managing dry-year hydro risks and supporting local economic development.
Tags: Chris Bishop Shane Jones Maureen Pugh Westpower Limited Poutini Ngāi Tahu Waitaha Hydro Department of Conservation Infrastructure Minister Regional Development Minister New ZealandGovernment to Receive $10M Special Dividend from Landcorp Farming in 2025/26
2 months ago | 400 viewsThe 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.
Tags: Simeon Brown Landcorp Farming Limited New Zealand Government State Owned Enterprises Fonterra Shareholding Ministers Crown dividends public services commodity prices taxpayer valueFast-Track Approval Granted for Ayrburn Screen Hub Film Village in Queenstown
2 months ago | 519 viewsFast-track approval has been granted for the Ayrburn Screen Hub, a 7,200m² film and television production village in Queenstown, expected to inject $280 million into the local economy and support around 370 local jobs annually. The expert panel assessed environmental, cultural, and infrastructural impacts, finding manageable landscape effects and significant regional environmental benefits, including improved water quality. This project is the second in Otago to gain fast-track approval, part of a broader initiative with numerous infrastructure and development projects progressing under the Fast-track Approvals Act.
Tags: Mr Bishop Waterfall Park Developments Limited Ayrburn Screen Hub Queenstown Otago Region New Zealand Mill Creek Lake Hayes Minister for InfrastructureTukituki Water Security Project Begins Pre-Construction in Hawkes Bay with $18M Loan
2 months ago | 544 viewsThe Tukituki Water Security Project in Hawkes Bay will begin pre-construction work supported by an $18.13 million loan from the Regional Infrastructure Fund to enhance water storage and security. The project aims to enable irrigation of up to 22,000 hectares, create 300 construction jobs, and boost the region’s annual GDP by up to $693 million by supporting horticulture, seed production, and pastoral farming. By storing 104 million cubic meters of water, the facility will address water scarcity in one of New Zealand’s driest regions, promoting long-term economic growth and resilience.
Tags: Mark Patterson Tukituki Water Security Project Hawkes Bay Regional Infrastructure Fund water storage irrigation economic development food production water security Tukituki Water Limited PartnershipGovernment Approves Infrastructure Levy to Build 1,500 New Homes at Te Awa Lakes
3 months ago | 518 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
3 months ago | 665 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
3 months ago | 806 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 Auckland