Articles tagged with Loan Guarantee Scheme
New Zealand Launches $1.2B Gas Transition Loan Scheme to Support Businesses
1 month ago | 380 viewsThe New Zealand Government is launching the Gas Transition Loan Guarantee Scheme, offering up to $1.2 billion in bank loans with an 80% Crown guarantee to help businesses reduce gas dependency, protect jobs, and conserve dwindling gas supplies. Budget 2026 allocates $48 million to cover potential losses and $5.9 million to support businesses exploring alternative energy options, aiming to reduce gas use by up to 10 PJ annually while maintaining or increasing production. Additionally, new legislation will require improved transparency in gas supply and demand data to strengthen market confidence and inform better policymaking amid declining gas reserves and rising prices.
Tags: Nicola Willis Simeon Brown Shane Jones Gas Transition Loan Guarantee Scheme Budget 2026 New Zealand gas Energy Efficiency and Conservation Authority Gas Act LNG importation facility MBIEGovernment Backs Community Housing Providers with New Loan Guarantee Scheme to Boost Social Homes
9 months ago | 916 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