NZTD News

Westpac NZ Launches Sustainable Equipment Finance Loan
Posted on 09-May-2024

Westpac NZ has launched a new Sustainable Equipment Finance Loan, supporting Kiwi businesses to reduce their climate impacts. 

The new loan provides a competitive five-year rate for business customers. It can be used to purchase a range of sustainable assets, including electric or hydrogen-fuelled vehicles for business purposes, as well as for machinery, tools and equipment that will help reduce a business’s carbon footprint.

Reuben Tucker, Westpac NZ GM Institutional & Business Banking, says the new loan wi...

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$100m ‘green’ industrial development for Neilson Street
Posted on 03-May-2024

A $100 million-plus industrial complex under construction in a historic trading area of Auckland will create a new standard for the sustainable distribution of goods in New Zealand, according to an industry expert.

The new facility is targeting the 6 Green Star Design and As-Built rating, a world-leading sustainability standard.

Architects will incorporate low-carbon concrete, rainwater harvesting, solar electricity generation, smart lighting, and smart air conditioning, among other green initiatives to help achi...

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Commission grants NZ Post clearance to acquire certain PBT courier business assets
Posted on 03-May-2024

The Commerce Commission has granted clearance for New Zealand Post Limited (NZ Post) to acquire PBT Group Limited’s (PBT) courier customer contracts.

In reaching its decision, the Commission focused on the potential impact of the proposed acquisition on competition in the supply of intercity economy courier services.

The Commission had expressed initial concerns that the proposed acquisition would remove a disruptive competitor for intercity economy courier services. However, after further investigation, Chair Dr...

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Fast-track the Roads of National Significance
Posted on 03-May-2024

It’s time for action: The government needs to put the Roads of National Significance (RONs) at the centre of the Fast-track Approvals Bill.

The bill, currently at select committee stage, would provide a one-stop-shop consenting process for major development projects, while the government carries on with other resource management reforms.

There’s no doubt the legislation is controversial with not only environmental groups but also the parliamentary commissioner for the environment and the Auditor-General raising c...

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Latest slip on the Brynderwyns shows just why fast track consent process is critical.
Posted on 03-May-2024

Tuesday this week an ominous email appeared in my inbox.

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Christchurch’s South-west Gets $60M Transport Boost
Posted on 02-May-2024

NZ Transport Agency Waka Kotahi (NZTA) is welcoming the start of a significant transport project on Halswell Road, Christchurch, part of SH75.

The construction contract, which will take around two-and-a-half years to complete, was recently awarded to Fulton Hogan by NZTA. The overall project is valued at around $60 million. 

“Christchurch’s south-west has been expanding fast with new subdivisions at Wigram, Aidanfield and around Halswell itself,” says NZTA’s South Island Regional Manager System Design Richar...

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