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John Harbord has been appointed Chair of the Electricity Authority for a three-year term, bringing over 20 years of experience in law, governance, and public sector policy. Energy Minister Simeon Brown emphasized the Authority's role in ensuring an abundant, affordable, and reliable electricity supply that supports economic growth. Harbord succeeds Erik Westergaard, who will remain on the board as Deputy Chair.
The Government is amending the Climate Change Response Act to enhance efficiency, reduce costs, and ensure effective climate risk management, including legally requiring councils to develop 30-year adaptation plans for high-risk communities. The Bill also strengthens governance and transparency of the NZ Emissions Trading Scheme (NZ ETS), addressing investment disincentives and allowing for new carbon removal methods while excluding agriculture. These changes aim to streamline New Zealand’s climate framework, support emissions reduction targets, and deliver practical, results-focused climate action.
The government is investing $35 million in Budget 2026 to expand forensic mental health services, including adding inpatient beds, step-down beds, and increasing prison in-reach and court liaison staff to improve access and support. This funding builds on the previous year’s $51 million investment, collectively adding 14 new forensic inpatient and step-down beds and boosting frontline workers to enhance rehabilitation and community reintegration. The expanded services aim to reduce delays, improve patient outcomes, and increase safety for staff and communities, with new facilities expected to open in early 2027.
The Government is seeking feedback on the next phase of capital market reforms aimed at lowering the cost of raising capital for Kiwi businesses and improving returns for investors, with a focus on modernizing rules to keep pace with innovation and maintain investor protections. This phase follows last year’s reforms that reduced compliance costs and barriers to listing on the NZX, and now targets eight specific areas including product disclosure, director liability, crowdfunding limits, and broker activity. The consultation, open for six weeks, invites input from businesses, investors, and financial advisers to help create dynamic, competitive markets that support economic growth.
Resources Minister Shane Jones has welcomed Sunda Energy's new petroleum exploration permit application in the offshore northern Taranaki Basin, marking the sixth such application since the government lifted the offshore oil and gas exploration ban. Sunda Energy, having entered the New Zealand market through acquiring Matahio Energy’s assets, seeks to conduct geological and seismic studies over a 645 sq km area with known potential, aiming to evaluate drilling targets. The competitive application process, open until October 14, 2026, reflects growing investor interest that could enhance New Zealand’s energy security, create jobs, and boost economic resilience.
Associate Finance Minister David Seymour has welcomed new Land Information New Zealand (LINZ) guidelines designed to simplify the Overseas Investment Act for international investors, particularly in the supermarket and grocery sector, aiming to attract credible investors and increase market competition. The government has also reformed application processing, significantly reducing average assessment times from 71 to 23 working days and meeting targets of five or fewer days for most investments, thereby streamlining approval processes. These changes are intended to boost international investment, which is vital for New Zealand’s economic growth, productivity, and job creation.
The submersible dredge planer (SDP), a remotely operated device developed by Northland Regional Council and Johnson Brothers Ltd, has successfully passed recent tests for removing invasive caulerpa seaweed in Omākiwi Cove. This custom-designed equipment, part of a $10 million initiative including UV-C light treatment and a chlorine sealing system, features unique screw propulsion for effective operation on sandy seabeds and is ready for deployment despite current low seaweed presence. The SDP represents a significant advancement in New Zealand’s biosecurity efforts, offering scalable mechanical removal capabilities adaptable to other invasive species in various aquatic environments.
A $3.5 million government-funded project aims to provide 100 people with progressive conditions like Multiple Sclerosis and Cerebral Palsy access to high-performance power wheelchairs to improve independence, participation, and quality of life. The two-year research program will evaluate the social and economic benefits of advanced wheelchair technology in New Zealand, informing future policy, funding, and equipment provision. This initiative reflects the government's commitment to leveraging assistive technology to enhance wellbeing and reduce long-term health and support costs for disabled individuals.
Fiordland wapiti deer have been designated New Zealand’s first Herd of Special Interest (HOSI), enabling sustainable hunter-led management to balance hunting values with conservation goals. The Fiordland Wapiti Foundation, in partnership with DOC and iwi, will implement the Herd Management Plan focused on maintaining sustainable deer numbers, protecting biodiversity, and allowing native vegetation recovery. This designation follows extensive consultation, includes strong environmental oversight with public reporting, and aims to improve ecological outcomes while preserving Fiordland National Park’s World Heritage values.
The Government is investing $12.5 million through the Regional Infrastructure Fund to develop Ōpōtiki Marina, supporting aquaculture growth and creating up to 87 construction jobs. Additionally, a $3 million grant will fund the Gas to Geoheat – Tauranga Geothermal System Project, exploring geothermal energy potential to support future renewable energy initiatives and create 15-20 jobs. These investments aim to unlock the Bay of Plenty’s natural resource potential, boost regional economic growth, job creation, and energy security.
A major aquaculture settlement between the Crown and Te Moana-a-Toi iwi, involving 5000 hectares of new aquaculture space, aims to drive significant economic growth and workforce development in the Bay of Plenty. The region, known for open ocean mussel farming, has the potential to generate $200 million in annual revenue by 2035, contributing to the Government’s goal of $3 billion in aquaculture revenue nationwide. Oceans and Fisheries Minister Shane Jones highlighted the settlement as a milestone that supports iwi leadership and strengthens local communities through stable jobs and export opportunities.
Associate Agriculture Minister Mark Patterson is visiting India to promote New Zealand's premium strong wool and strengthen trade relationships at Bharat Tex 2026, India's largest global textile expo. India is New Zealand's second largest wool market, with growing demand driven by sustainability trends and emerging innovative applications in various industries. The New Zealand government is investing over $65 million in 25 projects to support wool sector innovation, collaboration, and supply chain improvements.
The New Zealand Government is investing over $10 million to strengthen mental health and addiction telehealth services, including funding for Lifeline, Youthline, and Whakarongorau to increase capacity and reduce wait times. This package will support approximately 16,000 additional calls and introduce an AI-enabled triage and referral tool to improve service efficiency and connect people to appropriate support. The funding provides Lifeline with operational certainty for 2026/2027 and expands Youthline’s capacity by 44 percent, addressing growing demand across the sector.
The New Zealand Government will invest from the Events Boost Fund to support the India-New Zealand 100 Years of Unity through Sport programme, celebrating a century of sporting ties between the two countries. The 2026 programme will feature major sporting events across New Zealand, including participation from the Indian Men’s Football team and Bowls teams, culminating in a month-long series of events in November. This initiative aims to strengthen cultural connections, boost tourism, and stimulate New Zealand’s economy through international sports and cultural celebrations.
Prime Ministers Christopher Luxon and Narendra Modi elevated New Zealand-India relations to a Strategic Partnership, agreeing on a Roadmap to 2030 aimed at doubling two-way trade and enhancing cooperation across trade, investment, technology, maritime security, education, tourism, and agriculture. Central to this plan is the implementation of the New Zealand-India Free Trade Agreement, which will reduce tariffs on most exports and unlock new opportunities in a market of 1.4 billion people. The partnership also includes strengthened maritime security cooperation and new arrangements in sport, tourism, and agriculture, marking Modi's first visit to New Zealand in 40 years.