Science reforms: Save Science Coalition releases latest toll of science roles in wake of further cuts at Callaghan Innovation
Source: Save Science
BusinessNZ – Growth plan endorsed
Source: BusinessNZ
Serious crash, Puruatanga Road, Martinborough
Source: New Zealand Police (District News)
Four people on a shared bicycle have been injured in a serious crash with a car in Martinborough.
The collision happened on Puruatanga Road, between Regent Street and Todds Road, about 10.45am.
At least one person is being flown to hospital with critical injuries. Three others have serious injuries.
The driver of the vehicle is uninjured and is being spoken to by Police.
The Serious Crash Unit has been notified and the road will likely remain closed for some time. Members of the public are advised to avoid the area.
ENDS
Issued by the Police Media Centre
Release: Willis’ supermarket announcement all talk, no plan
Source: New Zealand Labour Party
Nicola Willis’ latest supermarket announcement is painfully weak with no new ideas, no real plan, and no relief for Kiwis struggling with rising grocery costs.
“New Zealanders struggling with the cost of their weekly grocery shopping don’t need more vague promises from Nicola Willis, they need real action,” Labour commerce and consumer affairs spokesperson Arena Williams said.
“When Labour was in government, we took bold action to break up the supermarket duopoly. We banned restrictive land covenants, enforced mandatory wholesale access, and introduced a Grocery Commissioner to hold the industry to account. We didn’t just talk about competition, we legislated for it.
“If National was serious about tackling the supermarket duopoly it would build on the real progress Labour made. Instead, all Nicola Willis is offering is no new ideas, no deadlines, and no clear policies.
“It’s a smokescreen for a government that is floundering when it comes to the cost of living,” Arena Williams said.
“Nicola Willis talks about ‘growth’, but the only growth we’ve seen is in the number of job losses, the number of Kiwis leaving, and the number of homeless Kiwis,” Labour finance spokesperson Barbara Edmonds said.
“Willis’ announcement is part of a troubling trend of all talk and no action. This government has failed to deliver on their FamilyBoost promises, they’re failing on ferries, and now they’re failing to seriously address grocery prices.”
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SH1B Telephone Road upgrade work set to begin
Source: New Zealand Government
Construction is set to start next week on an upgrade to the rail crossing on State Highway 1B Telephone Road, east of Hamilton, which will reopen to traffic by the middle of the year, Minister of Transport Chris Bishop says.
“Economic growth and productivity are a priority for the Government, and I’m pleased this upgrade work is finally getting underway to enable the road to reopen to vehicles and freight,” Mr Bishop says.
“The package of improvements being delivered will see the road level raised, and new escape lanes built. The road surface will be raised by up to 410mm over a distance of 90 metres on Telephone Road north of the rail crossing and on Telephone Road/Holland Road/Marshmeadow Road south of the rail crossing.
“Escape lanes built on the north side of Holland Road, will ensure longer vehicles heading south do not stack across the rail line as they wait to turn into Holland Road. For vehicles travelling east on Holland Road and wanting to turn left into Telephone Road, the escape lane provides a safe place to wait if access to Telephone Road is blocked by a train.
“Safety at the intersection will also be improved with more line marking and signage, including new electronic warning signs when a train is approaching.
“As part of the upgrade involves raising the road level, from Wednesday 19 February the intersection of Telephone Road, Holland Road and Marshmeadow Road will be closed to all traffic until the end of construction. This is expected to take around 3 months.
“I appreciate the patience of the local community, and strong advocacy of local MP Tim Van de Molen, to bring us to this important milestone. I also want to thank NZTA, KiwiRail, and Waikato District Council for their work to find a pragmatic and cost-effective solution. I look forward to this work being completed as soon as possible, so we get traffic moving over the rail crossing once again.”
Notes to Editor:
The rail crossing on SH1B Telephone Road was previously considered one of the most dangerous in New Zealand. The crossing was not level, resulting in low vehicles scraping rail and, in April 2022, dislodging a section of track. The distance between the rail and the intersection was also short, resulting in a high collision risk as cars wait to turn onto Holland Road. Both of these risks are being addressed in this work, enabling a safe reopening of the crossing.
As a result of an incident in April 2022 KiwiRail and NZTA decided to immediately close the rail crossing until it could satisfy the safety requirements to reopen. Since then, SH1B traffic has been required to detour along Holland Road, Waverley Road and Seddon Road, adding approximately 10 minutes to through journeys.
Following the closure, NZTA commissioned a detailed report on the future options for the crossing from consultants WSP. The report explored a range of options from low-cost interventions such as barrier arms, limited access to light vehicles and judder bars, to more complex options that involved significant engineering work to reconfigure the rail crossing and adjacent intersection.
NZTA remained committed to investigating practical and affordable solutions to allow the Telephone Road railway crossing to reopen and continued to work with KiwiRail. This led to the new design which met requirements to allow the rail crossing to reopen.
Another important factor in the new design meeting safety requirements is the reduction in traffic volumes, particularly the lower number of trucks, using SH1B following the completion of the Hamilton section of the Waikato Expressway.
Stats NZ information release: Māori descent population: 2023 Census
Source: Statistics New Zealand
Māori descent population: 2023 Census – 13 February 2025 – Māori descent population: 2023 Census provides information and data on Māori descent population concepts through a number of different products, such as Aotearoa Data Explorer tables, an infographic, and a methods paper, Māori and iwi population concepts in the 2023 Census.
Māori descent statistics tell us about the number of people usually living in New Zealand who descend from Māori. These statistics provide important insights into the needs and outcomes for Māori, and help determine the number of Māori and general electorates and their boundaries.
Files:
Business – Ruling out compensation for Golden Mile businesses will put Wellingtonians’ jobs at risk
Source: Business Central
Economy – NZ Treasury: Interim Financial Statements of the Government of New Zealand for the six months ended 31 December 2024
The Interim Financial Statements of the Government of New Zealand for the six months ended 31 December 2024 were released by the Treasury today.
The December results are reported against forecasts based on the Half Year Economic and Fiscal Update 2024 (HYEFU 2024), published on 17 December 2024, and the results for the same period for the previous year.
Year to date | Full Year | ||||
---|---|---|---|---|---|
December 2024 Actual1 $m |
December
2024 |
Variance2 HYEFU 2024 $m |
Variance HYEFU 2024 % |
June 2025 HYEFU 2024 Forecast3 $m |
|
Core Crown tax revenue | 59,944 | 59,715 | 229 | 0.4 | 120,623 |
Core Crown revenue | 66,575 | 66,284 | 291 | 0.4 | 134,038 |
Core Crown expenses | 68,879 | 69,322 | 443 | 0.6 | 144,638 |
Core Crown residual cash | (11,206) | (10,722) | (484) | (4.5) | (16,610) |
Net core Crown debt4 | 185,834 | 186,575 | 741 | 0.4 | 192,810 |
as a percentage of GDP | 44.1% | 44.2% | 45.1% | ||
Gross debt | 199,099 | 193,413 | (5,685) | (2.9) | 206,558 |
as a percentage of GDP | 47.2% | 45.9% | 48.3% | ||
OBEGAL excluding ACC (OBEGALx) | (3,501) | (3,885) | 384 | 9.9 | (12,868) |
OBEGAL | (4,571) | (4,878) | 307 | 6.3 | (17,317) |
Operating balance (excluding minority interests) | (348) | (1,464) | 1,116 | 76.2 | (10,161) |
Net worth | 187,459 | 186,373 | 1,086 | 0.6 | 177,492 |
as a percentage of GDP | 44.5% | 44.2% | 41.5% |
- Using the most recently published GDP (for the year ended 30 September 2024) of $421,702 million (Source: Stats NZ).
- Favourable variances against forecast have a positive sign and unfavourable variances against forecast have a negative sign.
- Using HYEFU 2024 forecast GDP for the year ending 30 June 2025 of $427,252 million (Source: The Treasury).
- Net core Crown debt excludes the NZS Fund and core Crown advances. Net core Crown debt may fluctuate during the year largely reflecting the timing of tax receipts.
Core Crown tax revenue at $59.9 billion was $0.2 billion (0.4%) higher than forecast, with the largest variance in GST being $0.3 billion (1.5%) above forecast.
Core Crown expenses at $68.9 billion were $0.4 billion (0.6%) below forecast. The variance is mostly timing in nature and was spread across a range of functional spending areas.
The operating balance before gains and losses excluding ACC (OBEGALx) was a deficit of $3.5 billion, $0.4 billion less than the forecast deficit. When including the revenue and expenses of ACC, the OBEGAL deficit was $4.6 billion, $0.3 billion less than the deficit forecast.
The operating balance deficit of $0.3 billion was $1.1 billion less than the deficit forecast. This is largely owing to the variances to forecast in net gains and losses for the six months to December 2024, with net losses on non-financial instruments being $1.4 billion lower than forecast, partly offset by net gains on financial instruments being $0.8 billion lower than forecast.
The core Crown residual cash deficit of $11.2 billion was $0.5 billion more than the deficit forecast and was largely timing in nature with personnel and operating payments occurring earlier than anticipated.
Net core Crown debt at $185.8 billion (44.1% of GDP), was broadly in line with forecast ($186.6 billion or 44.2% of GDP). While the core Crown residual cash deficit was higher than forecast, its impact on net core Crown debt was more than offset by higher than forecast net gains on financial instruments and the Reserve Bank’s issuance of circulating currency.
Gross debt at $199.1 billion (47.2% of GDP) was $5.7 billion higher than forecast largely owing to higher than forecast derivatives in loss and issuances of Euro Commercial Paper. However, this increase in gross debt was broadly offset by a corresponding increase in financial assets therefore this has not flowed through to the net core Crown debt measure or to net worth.
Net worth at $187.5 billion (44.5% of GDP), was $1.1 billion higher than forecast largely reflecting the operating balance results. Net worth consisted of total Crown assets of $597.9 billion ($13.0 billion higher than forecast) and total Crown liabilities of $410.5 billion ($11.9 billion higher than forecast).