Government funding stories
Road spending is set to top AUD $20 billion this financial year, but rail projects may crowd it out after 2018 as costs rise.
Auckland’s transport funding gap is so large that a fuel tax would cover only a fraction of the needed NZD $10 billion, carriers say.
Concerns are growing that the USD $3 billion Provincial Growth Fund will fall short of fixing infrastructure gaps and bureaucratic delays in the regions.
Māori Digital Tech Fund receives a fresh GBP £3.6 million boost, aiming to grow digital capabilities and create high-value jobs for Māori in NZ.
Strong productivity gains lifted KiwiRail to a $52 million underlying surplus despite a $40 million hit from the Kaikoura earthquake.
The funding will bring forward 10,500 homes in north-west Auckland, but Mayor Phil Goff says the city still needs billions more to cope with growth.
Better planning and delivery are still needed as New Zealand’s housing and transport gaps far exceed the government’s NZD $1 billion funding boost.
Up to 60,000 new homes could be built years earlier after the government backed roads and waterworks in five fast-growing councils.
The Government's funding of $1.85m for New Zealand's social enterprise sector is welcomed by Akina, says CEO Alex Hannant.
A government-backed scheme will cut tyre stockpiles, lower fire and pollution risks, and divert millions of discarded tyres into cement works.
The funding will help keep freight and commuter services reliable, while supporting recovery works and safety upgrades across KiwiRail’s network.
Rural communities could gain jobs and stronger exports if the government’s NZD $90 million irrigation package is backed by equity rather than loans.
The push could help fill 16,000 jobs over three years as an ageing civil workforce strains to meet New Zealand's infrastructure spend.
Growing councils may soon gain new ways to pay for roads and water as a report urges options beyond rates and debt.
Councils say tourism growth is straining toilets, roads and car parks, with more than 680 projects worth NZD $1.38 billion in train.
Owners of vulnerable Wellington buildings will get help with costly earthquake safety work, with a NZD $3 million fund set up by government.
Government to invest $6m in Khandallah School for a new nine-classroom block to improve infrastructure and accommodate roll growth.
NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.
The aim of the initiative is to help artists and cultural practitioners develop their skills and extend their audiences.
Steps towards responsible digital citizenship have been made as a student led programme receives funding to tackle online bullying head on.