12 Aug 2026
2 months ago
652 views
The New Zealand government is investing over $15 million from the Regional Infrastructure Fund to upgrade critical wharf and fuel infrastructure on the Chatham Islands and expand air travel connectivity through an interlining agreement between Air Chathams and Air New Zealand. These improvements include major wharf repairs, upgraded fuel facilities to support a new supply vessel, and enhanced airport infrastructure, culminating in the new terminal at Inia William Tuuta Memorial Airport as part of a broader $45 million investment since 2018. These projects aim to strengthen the islands’ economic sustainability, improve transportation reliability, and support essential services such as healthcare, tourism, and business growth.
10 Aug 2026
2 months ago
586 views
The Hananui Aquaculture Project off Stewart Island, the first aquaculture venture approved through New Zealand's Fast-track process, is expected to produce 14,400 tonnes of salmon annually, generating over $310 million in sales and creating up to 480 jobs. This approval aligns with government efforts to support Māori commercial aquaculture and aims to boost the sector towards a $3 billion annual revenue target by 2035 through large-scale open-ocean farming. The Fast-track process, which has approved 31 projects so far, accelerates development timelines, supporting regional growth, job creation, and New Zealand’s leadership in sustainable seafood production.
06 Aug 2026
2 months ago
591 views
An independent Deloitte review found New Zealand's minerals royalty regime transparent and comparable to similar countries, with most royalty revenue derived from legacy permits predating the 2013 framework. The report highlights the trade-offs between Crown returns, investment certainty, and sector stability, emphasizing the importance of fair returns amid emerging critical minerals opportunities. Policy work will continue with further advice in 2027, while decisions on changes will be made in the next government term.
05 Aug 2026
2 months ago
631 views
Oceans and Fisheries Minister Shane Jones is seeking public feedback on proposals to manage rock lobster fishing around Aotea-Great Barrier Island, aiming to ensure long-term sustainability as requested by local boards and iwi trusts. Proposed measures include establishing recreational-only zones, reducing daily catch limits, introducing closed seasons during breeding, setting maximum legal sizes, and limiting accumulation of catch to protect lobster populations. These efforts, supported by community groups and Fisheries New Zealand, are part of broader protections to rebuild lobster stocks and address local concerns, with consultation open until 4 September 2026.
03 Aug 2026
2 months ago
619 views
A two-year extension has been granted for shellfish harvesting bans at Umupuia Beach, Te Mātā and Waipatukahu, and Waiheke Island in the Hauraki Gulf, requested by local iwi groups to help replenish marine resources. These closures support the Pou Rāhui Research Project, which combines mātauranga Māori and scientific methods to restore important species and train whānau in sustainable practices. The bans, effective from August 7, 2026, cover specific shellfish species and areas, aiming to ensure long-term sustainability and kaitiakitanga of customary fisheries.
31 Jul 2026
2 months ago
643 views
The Gas Transition Loan Guarantee Scheme, launched by the New Zealand government, aims to help businesses reduce reliance on gas by providing loan guarantees covering 80% of default risk, enabling banks to offer better lending terms and unlock up to $1.2 billion in financing. This initiative supports regional industries facing high gas prices and supply uncertainty by promoting energy efficiency and alternative energy investments to maintain competitiveness and protect jobs. Additionally, the Energy Efficiency and Conservation Authority offers independent support to help businesses assess energy options and plan practical transitions.
29 Jul 2026
2 months ago
743 views
New Zealand has granted its first new offshore petroleum exploration permit since reversing the ban, awarding Australian company EnZed Energy a 12-year permit for a 546 sq km area east of the Kupe gas field in the Taranaki Basin. This move signals renewed investor confidence and aims to address declining natural gas reserves, which have dropped 23% to the lowest level in over two decades, emphasizing the importance of exploration for future energy security. The government highlights that natural gas remains crucial for electricity generation and industry, and exploration is essential to assess New Zealand’s remaining resource potential.
28 Jul 2026
3 months ago
719 views
Long-term protections to reduce fishing risks to the endangered northern hoiho population will become permanent from 16 September 2026, including a ban on set-net fishing around the Otago Peninsula. A new Fishing Related Mortality Limit (FRML) framework, setting an annual bycatch limit of four hoiho, will enable swift action if limits are exceeded, aiming to halve hoiho deaths from fisheries bycatch. While fisheries bycatch is not the primary threat, with disease, predation, and starvation being greater risks, these measures will contribute to stabilizing the population.
21 Jul 2026
3 months ago
693 views
One year after launching A Minerals Strategy for New Zealand to 2040, the government has made significant progress by implementing policies and reforms that have increased mineral exports, production, employment, and permitting activity. Key achievements include establishing a Critical Minerals List, enhancing global partnerships, improving geoscience data access, and creating a more efficient regulatory framework, which have boosted investor confidence and sector growth. Moving forward, the focus will be on expanding international partnerships, attracting investment, reviewing royalty settings, and maximizing value from critical minerals through processing, refining, and innovation to sustain long-term economic benefits.
16 Jul 2026
3 months ago
730 views
John Rae has been reappointed Chair of the Crown Regional Holdings Limited Board for three more years due to his extensive legal, financial, and governance expertise. Crown Regional Holdings manages significant government investments aimed at supporting regional economic development across New Zealand, with a diverse portfolio spanning eight regional funds, 13 regions, and 19 industry sectors. As of the 2025 financial year, CRHL oversees 201 active contracts totaling $1,085 million in loans, equity, and capital assets, reflecting the government’s commitment to regional growth.
14 Jul 2026
3 months ago
783 views
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.
13 Jul 2026
3 months ago
724 views
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.
13 Jul 2026
3 months ago
720 views
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.
08 Jul 2026
3 months ago
794 views
New Zealand has received its fifth petroleum permit application since lifting the exploration ban, with Taranaki Energy Pty Ltd applying to prospect in deepwater offshore Taranaki, an underexplored but highly prospective area. The proposed two-year work program involves seismic data reprocessing, basin modeling, and target identification to guide future investments, reflecting renewed momentum and growing confidence in the sector. The government’s open market regime allows continuous competitive applications, which will be assessed based on technical, financial, and compliance criteria to support energy security and economic resilience.
07 Jul 2026
3 months ago
738 views
Two refurbished tanks at Northland’s Marsden Point are now operational to store New Zealand’s strategic diesel supply, following a $21.6 million government investment to enhance fuel resilience amid global uncertainties. Z Energy was selected to supply and manage the 90 million litre diesel reserve, with the Crown controlling its release to ensure national security without affecting Z Energy’s stockholding obligations. The first diesel shipment has arrived, with the second expected soon, and fuel stock reporting will resume its regular weekly schedule as global conditions stabilize.