Government to Monetise Chorus Debt, Funding New Infrastructure Projects in 2026

The Government will monetise its debt in Chorus, recovering funds earlier than the original 2036 repayment schedule to invest in capital projects like schools, hospitals, and roads. This decision follows the completion of the fibre broadband rollout, funded by $1.336 billion in interest-free loans to Chorus between 2012 and 2023, with $170 million repaid in 2025. The monetisation process will begin in early 2026, with proceeds ring-fenced for Budget 2026 infrastructure needs, and will not affect Chorus’s ownership or services.