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Global Youth Powerhouse Summit 2025 Convenes for the 2nd Year, Igniting Youth Innovation and Global Leadership

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Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 October 2025 – The second annual Global Youth Powerhouse Summit 2025, organized by the Hong Kong Youth Professional Global Advocacy, officially took place today. The Summit has convened over 200 young professionals, government leaders, and corporate executives from Southeast Asia, the Middle East, and the Greater Bay Area, with over 5000 global participants from over 30 countries joining virtually, amplifying its worldwide impact.

Under the theme “Shaping Our Future,” the Summit empowers the next generation of leaders to forge meaningful connections, harness cutting-edge resources, and spark transformative ideas. It serves as a dynamic platform for young visionaries to tap into opportunities and challenges of global industrial transformation, driving momentum for Hong Kong’s and the world’s future.

The Summit welcomed an impressive lineup of esteemed guests, including Dr. Horace CHEUNG, SBS, JP, Deputy Secretary for Justice’s Private Office, HKSAR;Ms. Bonnie Y CHAN, Chief Executive Officer, Hong Kong Exchanges and Clearing Limited; Prof. Frederick Si-Hang MA, GBS, JP, Chairman of the Hong Kong Trade Development Council and Chairman of FWD Group; and Dr. Kevin Lau Chung Hang, MH, Founding Convenor of Hong Kong Youth Professional Global Advocacy and Founder of Trinity Medical Group.

Dr. Cheung Kwok-kwan, SBS, JP, Deputy Secretary for Justice, HKSAR Government, emphasized, “This is a time of both challenges and opportunities for young professionals. The world is fast-changing. Geopolitical shifts, economic uncertainties, rapid advances in technology, and issues like climate change, gender and public health are reshaping the global landscape. These changes may spark unease. But they also create new horizons. For young people, the future should not be waited for; instead, it must be shaped with their own hands.”

The Summit ignited thought-provoking discussions across key themes, including Women Empowerment, ESG in Fashion & Entertainment, Digital Transformation, and Education. Through engaging panel discussions, interactive workshops and networking sessions, the Summit created a dynamic platform for young professionals to forge global connections and collaborations. By championing the youth, the Summit solidified Hong Kong’s role as a hub for technological advancement and global competitiveness.

Dr. Lau Chung-hang, MH, Founding Convenor of Hong Kong Youth Professional Global Advocacy, said, “Amidst unprecedented global change and uncertainties, Hong Kong’s youth are posed to lead with their cross-cultural expertise and competitive skillsets. This Summit challenges them to evolve from participants to trailblazers, injecting new energy into Hong Kong’s future and showcasing its vibrant spirit to the world.”

Click here to download the HD photos.

Hashtag: #HongKongYouthProfessionalGlobalAdvocacy #香港全球青年專業倡導行動

The issuer is solely responsible for the content of this announcement.

Hong Kong Youth Professional Global Advocacy

The “Hong Kong Youth Professional Global Advocacy” is a community organization launched in 2023 by a group of young professionals in Hong Kong. Acting as a bridge to the world, this initiative aims to unite Hong Kong youth and professionals, cultivate a global network of like-minded leaders through diverse initiatives that support our core vision of “Championing Opportunities in Hong Kong”.

– Published and distributed with permission of Media-Outreach.com.

Siam Paragon Bangkok International Fashion Week 2025 Reinforces Thailand’s Position as Asia’s Leading Fashion Event, Elevating Bangkok as a Global Fashion Hub

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Source: Media Outreach

BANGKOK, THAILAND – Media OutReach Newswire – 20 October 2025 – The grandest fashion event of the year, “Siam Paragon Bangkok International Fashion Week 2025” (BIFW2025), concluded with a resounding success after four spectacular days that ignited the regional fashion scene. Featuring 11 groundbreaking runway shows from Thailand’s top designers and brands, the event drew an impressive turnout of fashion industry leaders, celebrities, and style enthusiasts, with record-breaking full-capacity audiences for every show. The remarkable success of BIFW2025 once again underscored Bangkok’s growing stature as a global fashion hub.

BIFW2025, held from October 16–19, 2025, was a spectacular collaboration between Siam Paragon and key partners, including the Tourism Authority of Thailand (TAT), Merz Aesthetics Thailand, Kasikornbank, CITIZEN, M.A.C Cosmetics Thailand, and ABSOLUTE. The event transformed Parc Paragon, Siam Paragon, into Thailand’s most iconic grand runway, featuring 11 leading Thai designers and brands — 27FRIDAY, 37°C Thirty-seven degrees Celsius, ASAVA, FLYNOW, FUNDAO, Greyhound Original, ISSUE, Leisure Projects, NAGARA, PAINKILLER Atelier, and PATINYA. Each showcased exceptional creativity and unveiled their latest seasonal collections, reaffirming BIFW2025’s mission to inspire Thailand’s fashion industry through a truly world-class fashion week experience.

Ms. Thanaporn Tantiyanon, Managing Director of ONESIAM Shopping Center, Siam Piwat Company Limited, stated, “Under the concept ‘FASHIONABLY EXTRAORDINARY,’ BIFW2025 presented an unexpected and captivating fashion stage, driven by the ambition to become a truly world-class fashion week. This year’s event was infused with fresh energy as eleven leading Thai fashion brands delivered uniquely remarkable shows that not only showcased the immense potential of Thai designers on the global stage but also reaffirmed Siam Paragon’s position as a world-class fashion destination and one of Bangkok’s global fashion hubs. We believe that BIFW2025 will serve as a crucial driving force for Thailand’s fashion industry to move forward with stability and strength, while creating opportunities for emerging designers to shine on international runways — paving the way for the sustainable growth and global recognition of Thai fashion in the years to come.”

The four-day grand runway of BIFW2025 received an overwhelming response, attracting a dazzling lineup of celebrities, artists, fashion enthusiasts, and influencers who flocked to the event to witness spectacular showcases from 11 leading Thai brands. Creating immense buzz both offline and across digital platforms, BIFW2025 quickly became a top-trending topic across all social media platforms and further enhancing the value and visibility of Thailand’s fashion industry. It serves as a key driving force within the creative economy, effectively leveraging fashion week as a platform to advance Thai fashion businesses at both the regional and international levels.

The success of BIFW2025 marks another milestone in elevating Thailand’s fashion industry onto the global stage. Siam Paragon remains committed to its mission of supporting Thai designers across all generations, fostering an inspiring platform that propels Bangkok toward becoming a true fashion hub of Asia. Guided by this vision, Siam Paragon continues to ignite new excitement and creative energy within Thailand’s fashion scene in the years ahead.

Hashtag: #BIFW2025 #SiamParagonBIFW2025 #SiamParagon #BeExtraordinary #LiveExtraordinary #DreamExtraordinary

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Two Hong Kong Free Claim Platforms Unite to Build the Most Comprehensive Legal Info Network for Accident Victims

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Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 October 2025 – To help workers, drivers, and accident victims better understand their rights and claim procedures, workinjury.hk and caraccident.hk have announced a strategic partnership. Together, they aim to create Hong Kong’s most complete free claim information network covering both work-injury and traffic-accident compensation.

The collaboration will feature simple compensation calculators, legal time-limit reminders, and lawyer-reviewed FAQ sections — all designed to provide clear, trustworthy, and accessible information without any intermediary upselling.

“Our goal is to centralize all claim-related information in one credible source,” said a spokesperson for WorkInjury.hk. “Many victims miss their compensation deadlines simply because they didn’t know the time limits.”

The two platforms will also continue publishing verified case analyses and updated legal guidelines, inviting legal professionals and labor experts to ensure the information remains accurate and relevant.

For more information, visit:

Hashtag: #WorkInjury #CarAccident

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

uFinance Empowers Tertiary Students to Overcome Tuition Pressures and Navigate Grant Loan Challenges with Ease

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Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 20 October 2025 – For Hong Kong tertiary students, pursuing dreams often comes with financial pressures. While applying for the government’s Student Financial Assistance Scheme (“Grant Loan”) is a common option, its complex application process and strict deadlines frequently catch students off guard, potentially leading to missed tuition payments and penalties. uFinance, a dedicated student loan platform, addresses this pain point by offering flexible tuition loan and student loan solutions, enabling students to resolve urgent financial needs swiftly, stay focused on their studies, and pursue their dreams without financial burdens.

Tuition Loans: A Swift Solution to Grant Loan Application Challenges

The Grant Loan application process is cumbersome, requiring extensive documentation and lengthy approval times, which can result in students missing tuition deadlines, facing penalties, or even disrupting their academic progress. uFinance’s tailored tuition loan for university students provides an immediate solution, with approved funds directly deposited into school accounts, bypassing the need for students to handle the funds themselves, ensuring timely tuition payments. The plan introduces Hong Kong’s first “Lowest Interest Guarantee,” with an annual percentage rate as low as 6%, a maximum loan of $22,250 per semester, and flexible repayment terms ranging from 6 to 48 months. Students who receive Grant Loan funding can repay the full balance at any time without additional fees, seamlessly complementing the government’s financial aid.

Fully Online Loan Application: Simple and Confidential

Compared to the complex Grant Loan application process, uFinance’s student loan and tuition loan are remarkably straightforward, with a fully online application system. Tertiary students only need to complete an online form and upload required documents, with no need for in-person visits. The customer service team conducts identity verification and approval via phone, ensuring privacy. uFinance guarantees that no applicant information or loan records will be disclosed to schools or third parties, with all communication conducted by phone to eliminate the risk of mailed correspondence. With over 20,000 successful applications, uFinance’s robust privacy measures allow students to borrow with confidence, focusing on goals like overseas exchange programs, skill development, or entrepreneurial ventures.

uFinance: More Than Loans, a Comprehensive Support Platform for Students

Beyond providing tuition and student loans to address immediate financial needs, uFinance is committed to being a growth partner for tertiary students. The platform offers internship and job information, financial advice, and lifestyle tips to help students prepare for their future. Additionally, uFinance collaborates with various commercial organizations to provide exclusive discounts, encouraging students to build sound financial habits. By combining flexible loan solutions with Grant Loan support, uFinance empowers tertiary students to pursue their academic and personal aspirations without financial worries.

https://www.ufinancehk.co/
https://www.linkedin.com/company/ufinance-hong-kong-limited/
https://www.facebook.com/ufinance/
https://www.instagram.com/ufinance/

Hashtag: #uFinance #StudentLoan #HongKong

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Next steps for Roads of National Significance

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Source: New Zealand Government

Combined funding of nearly $1.2 billion will see the Government’s Roads of National Significance programme move to the next phase of development, Transport Minister Chris Bishop says.

“The Government is committed to building a long-term pipeline of transport infrastructure investments to redress New Zealand’s infrastructure deficit and build jobs and growth for Kiwis,” Mr Bishop says.

“Our Roads of National Significance (RoNS) programme is a vital part of this pipeline, and I’m pleased to see good progress on getting these important projects ready for delivery.

“The NZ Transport Agency (NZTA) Board has now endorsed investment cases for all of the RoNS, with the most recent endorsements including Sections 2 and 3 of the Northland Expressway, the East West Link, Hamilton Southern Links, Petone to Grenada and Cross Valley Link, SH1 Wellington Improvements including a new Mt Victoria tunnel, and the Hope Bypass. These investment case summaries have now been published on NZTA’s website.

“The Board has also approved more than $675m in funding to progress consenting, design, route protection, site investigations, and some early works. In addition, more than $515m is expected to be used from approved RoNS property funding to enable local property acquisition to get underway on these projects. 

“The NZTA Board’s endorsement of these investment cases, and approval of funding for next steps, ensures progress on these projects can continue at pace. 

“It’s part of the Government’s work to ensure New Zealand has a credible pipeline of high value infrastructure projects extending into the future, and that they’re ready to go as funding becomes available. 

“It’s important that we also have a clear plan for delivery, including well-reasoned prioritisation to inform the order in which these RoNS are funded and delivered. The Government will have more to say about that in the coming months.

“Today’s news complements work already underway on other RoNS, including Warkworth to Te Hana, Cambridge to Piarere, Takitimu North Link Stage 1 and 2, SH29 Tauriko West, Mill Road Stage 1, Hawkes’s Bay Expressway, Otaki to north of Levin, Belfast to Pegasus and Woodend Bypass, and the SH16 alternative.”

“The Northland Expressway represents a transformational opportunity to boost jobs and growth in a region rich with potential. The investment case has confirmed the preferred route, with delivery readiness being prioritised for an alternative to the Brynderwyn Hills in line with our coalition agreement with New Zealand First,” Mr Bishop says.

“Overall, the investment case shows strong benefits with travel times reduced by up to 38 mins between Te Hana and Whangarei, deaths and serious injuries reduced by 66 per cent, travel time delay reduced by 64 per cent, and resilience risk reduced by 82 per cent on average. The Benefit Cost Ratio (BCR) is 1.4.

“Next steps for NZTA include property acquisition, with consents and designation for an alternative to the Brynderwyn Hills (section 2b) expected to be lodged using the Fast-track Approvals Act (FTAA) by the end of March 2026. Designations for the remainder of the corridor are expected to be lodged via the FTAA by late 2026.

“The Northland Expressway is expected to be built in stages over multiple National Land Transport Programme (NLTP) periods. This allows NZTA to focus delivery of priority benefits sooner, alleviate resilience and safety issues, and provide a strong pipeline of staged work for the construction sector as funding allows in future.”

East West Link

“The Onehunga-Penrose area is a critical part of Auckland’s economy, generating 8 per cent of the region’s GDP. Strategically located between SH1, SH20, and the national rail network, the East West Link will help unlock economic potential, improve travel times, and reduce congestion,” Mr Bishop says.

“The investment case for the East West Link shows it represents a strong case for investment with time in congestion reduced by almost 30 per cent, travel time savings of up to 11.6 mins to SH1 and up to 3.2 mins to SH20. The BCR is 2.6 tolled/un-tolled, or 3.2 with Wider Economic Benefits (WEBs) included.

“The East West Link is expected to be built in stages, allowing NZTA to focus on unlocking incremental benefits to the network over time and spreading the cost over multiple NLTP periods. Next steps include route protection for the full project, detailed design of Stage 1 (Galway Link), consents, and property acquisition.”

Hamilton Southern Links

“The Waikato region plays a critical role in our economy, with its location making it a vital freight and distribution hub in the supply chain. By 2048, an extra 224,000 people are expected to be living in the Waikato and it’s crucial we have transport networks that can keep Hamilton and the Waikato moving,” Mr Bishop says.

“The investment case for Hamilton Southern Links is strong, with expected travel times reductions of 14 mins between Tamahere and western Hamilton. By 2055, it will also support access to 17,300 new houses and 7,100 new jobs. The BCR is 1.9 un-tolled, 1.6 tolled, and 2.3 with WEBs included.

“Next steps for NZTA include further design, updating the designation and regional consents, and acquiring remaining property. Much like other projects, Hamilton Southern Links is expected to be built in stages, spreading the construction and cost over multiple NLTP periods as construction funding becomes available.”

Petone to Grenada and Cross Valley Link

“North of Wellington, SH1 and SH2 suffer significant traffic congestion, with both corridors carrying over 70,000 vehicles daily. The Petone to Grenada and Cross Valley Link project (P2G and CVL) will support economic and housing growth, with significant travel time savings and better connectivity,” Mr Bishop says.

“The investment case for Petone to Grenda has confirmed a preferred and viable route, with travel time savings at peak of up to 23 mins between Lower Hutt and Porirua. The project also supports planned housing growth of more than 30,000 houses in Tawa, Porirua, and Hutt City. The BCR is 1.7 tolled/un-tolled, and 2.7 including WEBs. CVL has an incremental BCR of 2.0 assuming P2G is built first.

“The preferred route provides a more efficient connection with 70 per cent less earth works than previous designs, resulting in lower costs and less impact on communities. I’m pleased a feasible route for Cross Valley Link has also been identified. Next steps for the Petone to Grenada section include route protection, design, and consenting, with consents being sought through the FTAA as a listed project.”

SH1 Wellington Improvements

“Carrying up to 40,000 vehicles per day, around 4 per cent heavy vehicles, SH1 through Wellington is heavily congested at peak times with bottlenecks at the existing Terrace and Mt Vic Tunnels. This causes frustration and delay to people just trying to live their lives and go about their day,” Mr Bishop says.

“The investment case shows a good case for investment with strong benefits. It makes the best use of the existing SH1 tunnels and roading assets across the city, while also building much needed new capacity, flexibility, and resilience into the corridor. If tolled, the BCR is 1.0 including WEBs, and un-tolled the BCR is 1.2.

“Benefits include future travel times from the Wellington region to the central city, hospital, and airport reducing by up to 10 mins at peak times, travel time variability reducing by up to 40 percent, a 20 percent reduction in peak traffic on the Harbour Quays enabling increased use of buses, and an estimated 200 additional walking and cycling trips per day through the second Mt Victoria Tunnel.

“Walking and cycling between the eastern suburbs and the central city will also be safer with a new 3.6m wide enclosed shared path included in the second Mt Victoria Tunnel. The 1.4m raised path in the existing tunnel will be demolished to enable wider vehicle lanes and improved fire safety measures.

“NZTA has confirmed it will seek statutory approvals for the full project via the FTAA as a listed project. All necessary documentation for the tunnels and wider roading improvements will be submitted by July 2026.

“Geotechnical investigations will begin shortly along the second Mt Victoria Tunnel alignment. Work will begin in 2026, and the first packages may include the delivery of supporting road improvements, housing removal/demolition and site clearance.”

Hope Bypass

“SH6 provides a vital connection between Port Nelson and the wider upper South Island, supporting people and freight. Travel demand regularly exceeds capacity during peak periods, particularly in Richmond, and NZTA will prioritise investment that improves travel times, safety, and reduces congestion,” Mr Bishop says.

“The investment case has shown the Hope Bypass represents a good case for investment and strong benefits, with the immediate focus into two stages of work on SH6 between SH60 and Whakatu Drive. Further work between SH60 out to Edens Road in Hope to be retained for future prioritisation.

“Delivering the first two stages has strong benefits, with a reduction in peak travel times through Richmond by up to 16 mins, support for 11,000 new homes and a reduction of up to two injury crashes per year. The project will also retain cycleway routes and connections. If tolled, the BCR is 1.1, un-tolled it is 1.7.

“Next steps include geotechnical investigations, design, consenting, property acquisition, and procurement activities. The Hope Bypass is expected to be built in stages, allowing NZTA to address immediate capacity and safety issues, while the cost of construction will be spread over multiple NLTP periods.

“The Government is committed to delivering a strong and consistent pipeline of projects to support jobs and growth across New Zealand. I look forward to seeing further progress on these critical projects in the months and years ahead.”

Notes to Editor:
The Roads of National Significance investment case summaries are available on NZTA’s website.

Funding:  
Where tolling has been considered by the NZTA Board as part of the investment case for projects, and a recommendation made, the Government will consider this recommendation and announce next steps in due course.

Section 2 (Te Hana to Port Marsden Highway) and Section 3 (Port Marsden Highway to Whangārei)
•    Funding of $187m to progress design, consenting, and route protection, with priority given for an alternative to the Brynderwyn Hills (section 2b).

East West Link
•    Funding of $102m to progress design, consenting and route protection.

Hamilton Southern Links
•    Funding of $100m to progress design, consenting and significant site investigations work.

Petone to Grenada and Cross Valley Link
•    Funding of $32m to progress design, consenting and procurement activities.

SH1 Wellington Improvements
•    Funding of $185m to progress design, consenting, and early works development.

Hope Bypass
•    Funding of $72.6m to progress design, consenting and procurement activities.

Work already underway on RoNS: 
Construction is already underway on Takitimu North Link Stage 1, phase one of SH29 Tauriko West – the Omanawa Bridge replacement, and Otaki to north of Levin. Construction is due to begin on the Hawke’s Bay Expressway in November.

Procurement on Warkworth to Te Hana is also progressing, with a preferred bidder expected to be confirmed in early 2026 and, subject to successful contract negotiations, the contract is expected to be awarded in mid-2026. Detailed design and early construction works are expected to start in late 2026.

Consents have also been granted for Cambridge to Piarere, Takitimu North Link Stage 2 has had a Fast Track panel appointed, and Mill Road Stage 1 and Belfast to Pegasus and Woodend Bypass are currently working through their FTAA applications. The SH16 alternative is currently working through designation and strategic land acquisition.
 

MIL OSI

Education – Ara Institute of Canterbury launches ‘Get Set’ campaign ahead of 2026 independence

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Source: Ara Institute of Canterbury

Ara Institute of Canterbury has launched its first major independent brand campaign since 2020, marking a confident step toward full independence in 2026.
Titled ‘Get Set’, the campaign puts the focus on learners who are ready to take the next step – even if they’re still figuring out their options. 
It’s a message of momentum, confidence, and possibility, designed to meet ākonga (students) at the starting line and support them from day one.
“At Ara, we’re more than an education provider – we’re the catalyst that transforms ākonga ambition into real achievement,” said Carl Pavletich, Manager – Local and Global Marketing. 
“This campaign harnesses ākonga hopes and showcases how Ara provides the skills, confidence, and support needed to help them ‘get there.’”
More than 30 programme-specific ads are now live across the South Island – on billboards, buses, digital screens, and social media. 
new television commercial, filmed on Ara’s North Green and featuring real ākonga launches today across YouTube and On Demand platforms.
The campaign will also highlight the full student experience, including learners who balance study with mahi (work), whānau, sport, volunteering, and side projects.
It positions Ōtautahi Christchurch as New Zealand’s ‘Capital of Cool’ – a creative, collaborative city that’s increasingly attracting young talent.
“This is more than marketing – it’s a statement,” said Deanna Anderson, Head of Marketing and Recruitment. “Ara is direct, adaptable, and unapologetically real. Our story is unmistakable – we’ve been fueling this thriving region with skills for 120 years.”
As Ara transitions out of Te Pūkenga, it reaffirms its identity as a proud, local provider rooted in the thriving Waitaha (Canterbury) region and driven by hands-on learning, strong industry links, and a deep belief in every ākonga’s potential.

MIL OSI

Banking and Finance – ASB cuts mortgage rates further

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Source: ASB

ASB has today reduced six of its fixed home lending rates, including a market-leading 18-month term.

ASB’s Executive General Manager Personal Banking Adam Boyd says “These rate reductions will be welcome news to the thousands of households looking to refix their mortgages or begin their home ownership journey.”

ASB also reduced its term deposit rates.

All rate decreases are effective Tuesday 21st October.

 

  Fixed home lending term

Previous rate

New rate

Rate decrease

6-month

4.95%

4.85%

-10 bps

1-year

4.49%

4.49%

N/C

18-month

4.49%

4.45%

-4 bps

2-year

4.65%

4.49%

-16 bps

3-year

4.94%

4.79%

-15 bps

4-year

5.19%

5.09%

-10 bps

5-year

5.39%

5.15%

-24 bps

 

MIL OSI

Transporting New Zealand calls for bipartisan commitment on Roads of National Significance programme

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Source: Ia Ara Aotearoa Transporting New Zealand

Transporting New Zealand is welcoming progress on the Roads of National Significance (RoNS) Programme, but says that a bipartisan commitment is needed to avoid the risk of costly cancellations and further disruptions to the infrastructure pipeline.
The Minister of Transport announced today that the NZTA Board has now endorsed investment cases for all of the RoNS, including Sections 2 and 3 of the Northland Expressway, the East West Link, Hamilton Southern Links, Petone to Grenada and Cross Valley Link, SH1 Wellington Improvements including a new Mt Victoria tunnel, and the Hope Bypass. This involves $1.2 billion of combined funding to move the RoNS to the next phase of development.   
Transporting New Zealand Chief Executive Dom Kalasih said that improved roading connections were good news for safety, productivity, and improving New Zealand’s lagging economic growth.
“When people and freight are moving efficiently, that’s good news for the entire country. You can see this in the close correlation between heavy traffic movement and GDP growth.”
Heading into an election year, Kalasih is calling on all political parties to support the infrastructure pipeline by maintaining the projects identified in the National Land Transport Programme 2024-2027, including Roads of National and Regional Significance.
“These are not projects that can be delivered within a couple of election cycles. They require consistency across successive governments if they are to be delivered affordably and without delay. A politically-driven cancellation or winding-back of this infrastructure programme would be a nightmare for road users, local communities, and the national economy.” says Kalasih.
“I’m optimistic that we can get buy-in on a bipartisan infrastructure pledge. Senior government ministers have highlighted the value of bipartisan commitments, and opposition spokespeople have indicated they don’t want to see projects cancelled.”
Transporting New Zealand’s five proposed bipartisan transport pledges:
  • 1. Support the infrastructure pipeline by maintaining the projects identified in the National Land Transport Programme 2024-2027, including Roads of National and Regional Significance.
  • 2. Maintain road maintenance and economic growth as strategic priorities in the Government Policy Statement on Land Transport.
  • 3. Back low-emission and high-productivity vehicles through continued land transport rule reform and pricing incentives.
  • 4. Follow through on road revenue reform, including the transition to Road User Charges for all vehicles from 2027 (at the earliest).
  • 5. Support sustainable transport funding through tolling and greater use of public-private partnerships. 

MIL OSI

Energy Sector – Rising Power Bills Driving Demand for Hot Water Heat Pumps

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Source: Ecobulb

Consumers are responding to soaring electricity prices by turning to modern energy-efficient technologies, says energy efficiency expert Dr Chris Mardon, Managing Director of Christchurch-based company Ecobulb.

According to Statistics New Zealand, electricity costs rose by 11% in the year to September, the steepest annual increase since 1989.

“These increases are significant, and more are expected as Transpower and lines companies continue to invest heavily in upgrading the electricity network,” says Dr Mardon. “As a result we’re seeing a surge in interest from households wanting to take control of their energy use.”

Dr Mardon says the Canterbury Home Show over the weekend saw a marked uptick in inquiries from people keen to cut their electricity and gas bills using modern, efficient technology.

“One of the most common questions we received was how much a household could save by replacing traditional hot water cylinders with high-performance hot water heat pumps,” he says. “The answer is – a lot.”

Hot water heat pumps use electricity to transfer heat rather than generate it, making them significantly more efficient than conventional electric elements. “They can reduce energy use by up to 75% for water heating,” says Dr Mardon. “That translates into thousands of dollars in savings over the life of the system, with many households able to recover the extra upfront cost in just a few years.”

Ecobulb received 60 inquiries about hot water heat pumps at the home show, triple the number of inquiries at a similar sized Canterbury home show in August.

“Based on past experience, we expect around two-thirds of those inquiries to convert into installations — so around 40 new systems from one weekend,” says Dr Mardon. “That’s promising, but with over two million households in New Zealand, we’ve only scratched the surface.”

Dr Mardon says while rising power prices are prompting more people to consider energy-efficient options, further support is needed to accelerate adoption. “We’d like to see greater investment in programmes like Warmer Kiwi Homes, which could subsidise hot water heat pumps. We also support the introduction of a Ratings Assistance Scheme to help homeowners better understand and improve the energy efficiency of their homes.”

He adds that broadening access to efficient technologies like hot water heat pumps would reduce emissions, modernise New Zealand’s residential energy systems, and lower long-term costs for Kiwi households.

“Hot water heat pumps are one of the most efficient solutions available for residential and commercial water heating,” says Dr Mardon. “They’re good for the environment—and even better for the power bill.”

MIL OSI