$3b provincial growth fund leads to increased community 'optimism'

$3b provincial growth fund leads to increased community 'optimism'
Former regional economic development minister Shane Jones announced many of the projects funded by the PGF. (Image: Getty)
Oliver Lewis
The fund secured by New Zealand First as part of its coalition negotiations with Labour has delivered thousands of jobs, a report says.The provincial growth fund (PGF) was established in late 2017 to invest $1 billion per year for three years in projects in regional NZ.Northland was the biggest beneficiary, with $656.6 million in funding for 192 projects, including a new museum at the Waitangi treaty grounds. The PGF and its successor, the more targeted $200m regional strategic partnership fund (RSPF), is administered by the regional econo...

More Infrastructure

Govt backs Mosgiel inland port with $8.2m loan
Infrastructure

Govt backs Mosgiel inland port with $8.2m loan

Calder Stewart announced a competing proposal in Milburn this week.

Oliver Lewis 16 May 2025
Treasury sounded the alarm about $1b transport fund changes
Infrastructure

Treasury sounded the alarm about $1b transport fund changes

Officials recommended deferring decisions until Budget 2025.

Oliver Lewis 15 May 2025
'Wellington power grab': Congestion charging could fail
Infrastructure

'Wellington power grab': Congestion charging could fail

Auckland Council warns legal 'flaws' may make it reluctant to progress a scheme.

Oliver Lewis 15 May 2025
What's a life worth? Depends on the department
Policy

What's a life worth? Depends on the department

A consultancy argues different values of life are leading to an underinvestment in health.

Dileepa Fonseka 14 May 2025