Articles tagged with Simon Watt
Showing 15 of 86 articles
New Zealand Government Advances Infrastructure Funding Reforms to Boost Housing Growth
25 Nov 2025 | 9 months ago | 938 viewsThe New Zealand Government is advancing reforms to improve infrastructure funding and financing to support housing and urban growth, focusing on land supply, infrastructure, and growth incentives through its Going for Housing Growth programme. Key initiatives include introducing the Infrastructure Funding and Financing (IFF) Amendment Bill, replacing development contributions with a new development levies system, and proposing the Commerce Commission as the regulator for development levies to ensure fairness and transparency. Public consultation on these reforms runs until February 2026, aiming to create a flexible, consistent system that enables faster housing development and better infrastructure delivery.
Tags: Chris Bishop Simon Watts Scott Simpson Housing Minister Local Government Minister Commerce and Consumer Affairs Minister Infrastructure Funding and Financing Development Levies Commerce Commission New Zealand GovernmentNew Zealand and Iceland Partner to Boost Geothermal Energy Innovation and Research
19 Nov 2025 | 9 months ago | 863 viewsNew Zealand and Iceland signed an agreement to enhance cooperation in geothermal energy development through joint research, industry workshops, and academic exchanges, focusing on superhot and supercritical geothermal systems. This partnership builds on decades of shared expertise and recent collaborations, aiming to advance renewable energy innovation and support New Zealand's goals to double renewable generation by 2050 and boost geothermal production by 2040. The agreement was formalized at COP 30 and includes financial commitments, such as New Zealand allocating up to $60 million for geothermal exploration in the Taupō Volcanic Zone.
Tags: Winston Peters Shane Jones Simon Watts Jóhann Páll Jóhannsson New Zealand Iceland geothermal energy renewable energy COP 30 Taupō Volcanic ZoneNZ Climate Change Minister Attends COP30 in Brazil to Drive Global Climate Action
14 Nov 2025 | 9 months ago | 883 viewsClimate Change Minister Simon Watts will attend COP30 in Belém, Brazil, emphasizing the need for all countries to take meaningful climate action in line with the Paris Agreement. He aims to deepen cooperation for New Zealand's transition to a low-emission economy through innovation and investment. Additionally, Mr Watts will meet with global counterparts and promote New Zealand companies in São Paulo before returning on November 21.
Tags: Simon Watts Climate Change Minister COP30 United Nations Belém Brazil Paris Agreement New Zealand economy Pacific regionNew Zealand Climate Change Minister Unveils Carbon Removals Framework and Legislative Enhancements
04 Nov 2025 | 10 months ago | 913 viewsClimate Change Minister Simon Watts introduced a new Assessment Framework for Carbon Removals in New Zealand, aiming to recognize and reward non-forestry carbon removals and support landholders and businesses. The framework aligns with the Government's commitment to climate action that stimulates the economy and promotes emissions reductions, fulfilling an election promise to explore biodiversity credits for initiatives like creating wetlands. Changes to the Climate Change Response Act will streamline processes, improve the NZ ETS, expand opportunities for carbon removal recognition, and reduce compliance costs for stakeholders, with an amendment bill planned for next year.
Tags: Climate Change Minister Simon Watts Assessment Framework Carbon Removals New Zealand Emissions Reduction Plan Biodiversity credits Forestry Climate Change Response Act NZ ETSNew Zealand Tax and Social Policy Work Programme Enhances Economic Growth and Investment
29 Oct 2025 | 10 months ago | 1027 viewsRevenue Minister Simon Watts has announced a refreshed Tax and Social Policy Work Programme aimed at boosting the economy by attracting capital, talent, and small business investment. The program focuses on removing regulatory barriers, delivering a stable tax environment, and encouraging critical investment in infrastructure. Key pillars include attracting capital and talent, supporting small businesses, simplifying the tax system, and improving integrity through targeted consultations and practical reforms.
Tags: Simon Watts Tax Social Policy Work Programme New Zealand Capital Talent Small Business Investment InfrastructureElectricity Authority Chair Announces Resignation: Future Reforms and Vacancy Updates
22 Oct 2025 | 10 months ago | 1069 viewsElectricity Authority Chair Anna Kominik has resigned, with Energy Minister Simon Watts expressing gratitude for her leadership and contributions to significant reforms in the electricity sector. Ms Kominik's departure is tied to a new opportunity and the completion of the Frontier Economics Review of Electricity Market Performance, with plans for an organisational review before her replacement is appointed. The Government aims to strengthen the Authority's enforcement and analytical capabilities, with a focus on pro-competitive initiatives that prioritize consumer benefit and public value.
Tags: Anna Kominik Simon Watts Electricity Authority resignation Energy Minister reforms Frontier Economics Review electricity market consumersWaitaki District Council to Receive Crown Facilitator for Water Service Plan Amendment
21 Oct 2025 | 10 months ago | 1100 viewsA Crown facilitator will assist Waitaki District Council in amending and resubmitting its water service delivery plan under the Local Water Done Well legislation, as requested by the Secretary for Local Government. The focus is on including an assessment of the condition, lifespan, and value of the district's water networks to ensure fair and transparent costs for infrastructure upgrades. The Council must conduct an asset condition assessment and update its plan by June 30, 2026, with the appointment of a Crown facilitator expected by mid-November to provide expertise and tools for this process.
Tags: Waitaki District Council Local Water Done Well Simon Watts Crown facilitator water service delivery plan financial sustainability asset condition assessment infrastructure upgrades ratepayers delivery modelsGovernment Ensures Capital Support for Vital Electricity Infrastructure Investments in New Zealand
30 Sep 2025 | 11 months ago | 1049 viewsThe Government assures power companies it will provide capital for critical electricity infrastructure investments to ensure energy security and competitiveness. Measures include supporting equity injections for strategic projects and addressing gaps in the energy system to lower consumer prices. The Energy Package focuses on security of supply through LNG import facilities and building better markets by incentivizing new energy projects and strengthening regulatory bodies.
Tags: Government power companies investment electricity infrastructure Nicola Willis Crown MOM companies energy security Simon Watts New ZealandLocal Government Minister Simon Watts: 20% of Councils' Water Plans Approved, Benefitting 2.5M Kiwis
19 Sep 2025 | 11 months ago | 1005 viewsTwenty percent of councils have had their water services delivery plans approved, benefiting over 2.5 million New Zealanders with financially sustainable approaches for the next decade under the Local Water Done Well initiative. The collaborative effort in the Waikato Water Done Well plan covers multiple districts and aims to achieve efficiencies for over 170,000 people. By utilizing shared services and lower-cost finance, councils can manage water plan costs effectively, easing financial burdens on communities and ensuring prudent investments in water infrastructure.
Tags: Simon Watts Taupō District Council Hurunui District Council Kaikōura District Council Waikato Water Done Well Local Government Minister Watercare Charter CCO New Zealanders Local Water Done Well.New Zealand Government Passes Bill to Protect Farmland and Forestry in Climate Change Response
17 Sep 2025 | 11 months ago | 1066 viewsThe Government passed the Climate Change Response (Emissions Trading Scheme Forestry Conversions) Amendment Bill to prevent wholesale conversion of farmland to pine forests, aiming to balance food production and Emissions Trading Scheme (ETS) confidence. Key changes include limits on exotic forestry registrations for productive farmland, flexibility for farmers to convert up to 25% of land to forestry, and provisions for Māori-owned land. The Bill aims to support rural economies, create jobs, and ensure ETS credibility, with a review planned for 2028 to assess effectiveness.
Tags: Todd McClay Simon Watts Government Climate Change Response Emissions Trading Scheme Forestry Conversions Agriculture Forestry New Zealand Land UseUnlocking New Zealand's Offshore Wind Potential: Government Amendments for Industry Growth
16 Sep 2025 | 11 months ago | 1025 viewsThe Government is amending legislation to support New Zealand's offshore wind potential, aiming to boost economic growth and energy production. The Offshore Renewable Energy Bill is being revised to address concerns from offshore wind developers about coexisting with seabed mining activities. The amendments will create designated marine spaces for offshore wind projects, providing investment certainty while pausing new permits for seabed mining under the Crown Minerals Act.
Tags: Government legislation offshore wind potential Energy Minister Simon Watts economic growth regulatory regime Offshore Renewable Energy Bill seabed mining CabinetLocal Water Done Well: Councils Deliver Plans for Quality, Cost-Effective Water Services
03 Sep 2025 | 1 year ago | 1073 viewsCouncils have submitted water services delivery plans under the Local Water Done Well initiative to ensure quality and cost-effective water services for ratepayers. The government aims to address water services challenges by enabling councils to collaborate on financial sustainability and infrastructure development. Plans will be reviewed and considered for acceptance, with a focus on financial sustainability to ensure safe and resilient water services for communities.
Tags: Councils Local Water Done Well Water services delivery plans Local Government Minister Simon Watts Financial sustainability Infrastructure New housing Joint arrangements Ratepayers Legislation.Watercare's $500 Million Investment: Upgrading Auckland's Water Infrastructure for Improved Services and Job Growth
31 Aug 2025 | 1 year ago | 1254 viewsWatercare plans to invest $500 million in upgrading Auckland's aging water infrastructure over the next 18 months to improve water services and create job opportunities. The Government collaborated with Auckland Council to develop the Watercare Charter, aiming to make water services more affordable for Aucklanders, saving households nearly $900 million over four years. The increased investment in infrastructure will be beneficial for Auckland's economy, with a focus on upgrading treatment plants and renewing pipes and assets to ensure improved service quality and affordability.
Tags: Watercare investment infrastructure Aucklanders Simon Watts Government Watercare Charter Auckland Council renewals work programme economic regulationLocal Water Done Well: Government Legislation Benefits Communities Nationwide
26 Aug 2025 | 1 year ago | 1199 viewsThe Government's Local Water Done Well legislation aims to provide safe, reliable, and financially sustainable water services to local communities across the country. The legislation focuses on ensuring financial sustainability, oversight, and accountability in water service delivery, with the Commerce Commission overseeing economic regulation to ensure fair pricing and quality infrastructure. Councils are encouraged to submit water services delivery plans that meet the requirements and provide flexibility to make arrangements best-suited for their communities, ultimately benefiting Kiwis with improved water services.
Tags: Local Government Minister Simon Watts Commerce and Consumer Affairs Minister Scott Simpson Kiwis Watercare charter Three Waters policy Local Government (Water Services) Act Local Government (Water Services) (Repeals and Amendments) Act Commerce Commission councils water services delivery planNew Tax Bill Boosts New Zealand Economy and Supports Skilled Migration
26 Aug 2025 | 1 year ago | 1430 viewsRevenue Minister Simon Watts has introduced a new tax bill in New Zealand to boost the economy, attract skilled individuals, and encourage investment. The bill aims to make the tax system fairer for migrants, digital nomads, and businesses by addressing issues like overseas income taxation and employee share schemes. These changes are designed to simplify the tax system, reduce compliance costs, and create a more conducive environment for economic growth and job creation in New Zealand.
Tags: Simon Watts New Zealand tax bill economy skilled migrants digital nomads employee share schemes tax compliance costs GST practices solar power