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Funding


New IVL investments unlikely while borders stay shut – report
27 Jul 2021   /

New IVL investments unlikely while borders stay shut – report

Revenue collected in the first year to June 2020 was $57.3m, approximately 30% lower than the forecasted revenue of $82m.


Hawke’s Bay gets $19m arena expansion
26 Jul 2021  

Hawke’s Bay gets $19m arena expansion

Work on a $19m expansion of Pettigrew Green Arena in Taradale, Hawke’s Bay, is underway.


1000-year walk bridge secures $1.75m
23 Jul 2021  

1000-year walk bridge secures $1.75m

A $1.75m cash injection from the Lottery Significant Projects Fund will see the completion of Gisborne’s 1000-year pedestrian bridge, albeit cheaper than originally envisioned.


TIF helps fund Rakaia’s salmon sculpture site upgrade
21 Jul 2021  

TIF helps fund Rakaia’s salmon sculpture site upgrade

Project largely funded by $740,000 grant from Tourism Infrastructure Fund and approximately $250,000 from Ashburton District Council.


Vintage rail “spreads the love” for domestic tourism
20 Jul 2021   /

Vintage rail “spreads the love” for domestic tourism

A slew of new products has set up the railway for growth, with local businesses on board for the economic ride.


Hamilton opens $100k events fund
20 Jul 2021   /

Hamilton opens $100k events fund

Hamilton City Council has opened applications to its annual Community Event Fund.


‘Survival mode’ Kohutapu Lodge celebrates first graduates
19 Jul 2021   /

‘Survival mode’ Kohutapu Lodge celebrates first graduates

A focus on community values drives the award-winning operator’s vision for tourism.


Ministers roll into Queenstown bearing visa changes, TIFs
16 Jul 2021   /

Ministers roll into Queenstown bearing visa changes, TIFs

Like late night buses, you wait and wait and then get two at once.


TIF Round 5: $18m shared by 57 projects
16 Jul 2021   /

TIF Round 5: $18m shared by 57 projects

About $10m of the latest deployment is going to five regions hit hard by the lack of international tourists.


DOC funds 500+ Jobs for Nature roles
16 Jul 2021   /

DOC funds 500+ Jobs for Nature roles

Jobs funded through $34m allocation from Jobs for Nature Community and Private Land Biodiversity funds administered by DOC.


Operators eligible for up to $50k from Tourism Kick-start Fund
15 Jul 2021   /

Operators eligible for up to $50k from Tourism Kick-start Fund

The govt has set the criteria for tourism businesses to be able to draw on the $49m fund.


Govt to invest $1.3bn in KiwiRail
9 Jul 2021   /

Govt to invest $1.3bn in KiwiRail

The government will invest $1.3bn in KiwiRail over three years as part of the Rail Network Investment Programme.


Govt planning to triple border levy – TIA
5 Jul 2021  

Govt planning to triple border levy – TIA

Documents released under OIA appear to show the government has already made up its mind, says the association.


Operators back SWDC’s tourism move to go it alone
5 Jul 2021   /

Operators back SWDC’s tourism move to go it alone

Tourism operators in South Waikato say they support leaving the region’s RTO and hope that forging their own path will lead to better outcomes.


Hamilton & Waikato Tourism suffers funding cut as council walks
2 Jul 2021   /

Hamilton & Waikato Tourism suffers funding cut as council walks

South Waikato District Council goes it alone claiming it doesn’t get good bang for buck.


New spring offerings as Ruapehu expands events line-up
1 Jul 2021   /

New spring offerings as Ruapehu expands events line-up

Visit Ruapehu hopes for more new events stemming from February funding round.


Hastings gets $5.5m boost for museum
1 Jul 2021   /

Hastings gets $5.5m boost for museum

The New Zealand Lotteries Commission has granted $5.47m funding for a museum storage facility in Hastings.


QLDC mulls $5.4m for new arts, cultural hub
30 Jun 2021   /

QLDC mulls $5.4m for new arts, cultural hub

Project to be worked on by council and the Te Atamira Trust, with funding part of ten year plan.


VR tourism platform in line for $30k funding
29 Jun 2021  

VR tourism platform in line for $30k funding

Public voting to close 12 July on TSB Bank kickstarter fund candidates.


Govt extends travel reimbursement plan
14 Jun 2021   / /

Govt extends travel reimbursement plan

The $47m scheme was previously due to end on 30 June.


Agencies mull hefty border levy increases on travellers
9 Jun 2021   /

Agencies mull hefty border levy increases on travellers

TIA says now is not the time to increase border levies on travellers.


$200m regional fund accessible for commercial ventures
27 May 2021   /

$200m regional fund accessible for commercial ventures

But details released by Stuart Nash show commercial interests need to invest 50% to secure funding.


Proposed attraction turns to crowdfunding for $500k
27 May 2021  

Proposed attraction turns to crowdfunding for $500k

Waikato Culture Park is seeking $500,000 crowdfunding platform Pledge Me to raise funds for its proposed development.


CEDA to seek investment for key tourism assets
26 May 2021   /

CEDA to seek investment for key tourism assets

The agency will look for funding for two tourism-related developments in the Manawatū.


KiwiRail to start work on $85m Hillside investment
26 May 2021  

KiwiRail to start work on $85m Hillside investment

Nearly 300 jobs created as new site expected to be operational by late 2023.


$300k domestic events funding reallocated
25 May 2021   /

$300k domestic events funding reallocated

Funding reprioritized as not committed through a contestable process.


Treasury sticks to Jan 2022 for “significant opening” of borders
21 May 2021   /

Treasury sticks to Jan 2022 for “significant opening” of borders

But it could be longer before unrestricted global travel resumes, says the department.


Māori tourism, cultural attractions, SME training win funding
21 May 2021  

Māori tourism, cultural attractions, SME training win funding

Waitangi Treaty Grounds secures $3.6m from the Budget.


TNZ secures $112m, tourism portfolio gets $263m
21 May 2021   /

TNZ secures $112m, tourism portfolio gets $263m

Tourism New Zealand has been allocated $112m from Budget 2021, more than 40% of the total government funding for the portfolio.


SkyCity revises issue margin for $125m bond offer
19 May 2021  

SkyCity revises issue margin for $125m bond offer

SkyCity Entertainment Group has set an interest rate for its $125m bond offering of no less than the minimum of 3.00% per annum.


Govt allocates $110m in STAPP loans, names 26 ITOs supported
14 May 2021  

Govt allocates $110m in STAPP loans, names 26 ITOs supported

One tourism group secures $30m in loans and grants from the programme.


Hotel Council Aotearoa welcomes Nash’s ‘no bed taxes’
14 May 2021   /

Hotel Council Aotearoa welcomes Nash’s ‘no bed taxes’

Many think Nash will move to increase IVL as a source of more funding.


Napier drops $78m aquarium plan, removes council funding
14 May 2021  

Napier drops $78m aquarium plan, removes council funding

Napier City Council says it will focus instead on repairing and renewing its existing National Aquarium.


New $7m Otago trail opens, Nash commits more funding
10 May 2021   /

New $7m Otago trail opens, Nash commits more funding

Another $7m will fund new and upgraded cycle and walking trails in Central Otago.


Ticker Take: Will Nash’s plan transform tourism?
7 May 2021   /

Ticker Take: Will Nash’s plan transform tourism?

More recovery than regenerative, the plan introduces yet another initiative to reimagine tourism.


Nash’s $200m tourism plan gets positive reception from sector
7 May 2021  

Nash’s $200m tourism plan gets positive reception from sector

The tourism sector has welcomed the new strategy praising its targeted support for operators, regions and its transformation initiative.


Nash unveils tourism transformation plan, commits $200m
6 May 2021  

Nash unveils tourism transformation plan, commits $200m

Inbounders, RTOs, and the Queenstown and Milford areas are among those supported.


Tourism minister’s full speech at TRENZ Hui 2021
6 May 2021  

Tourism minister’s full speech at TRENZ Hui 2021

There is a lot to unpick in tourism minister Stuart Nash’s new plan for the sector and below is his full speech delivered to TRENZ Hui 2021 at the Christchurch Town Hall.


Could tourism benefit from ‘spare’ $1bn? Robertson signals new sector model
5 May 2021   /

Could tourism benefit from ‘spare’ $1bn? Robertson signals new sector model

The finance minister says pre-Covid tourist growth “was not sustainable, from an economic or environmental perspective”.


Tour operator secures $1.16m for conservation work
4 May 2021  

Tour operator secures $1.16m for conservation work

The funding is helping to pay for fulltime conservation work for displaced guides.


GO Rentals targets EV lead with $750k Tesla investment
3 May 2021   /

GO Rentals targets EV lead with $750k Tesla investment

GO Rentals says it wants to “take the lead” in the electric vehicle rental space with the purchase of 10 Tesla Model 3 cars.


30 jobs for hard hit Glacier Country in $12m project
28 Apr 2021  

30 jobs for hard hit Glacier Country in $12m project

Further funding is tipped for one of country’s most vulnerable regions.


Applications open for fifth round of TIF, close Friday
28 Apr 2021  

Applications open for fifth round of TIF, close Friday

Focus on Covid-hit regions, with up to $18m to be allocated.


Māori rock art sites secure $250k
27 Apr 2021   /

Māori rock art sites secure $250k

Funding to be used for 14 sites at Opihi, South Canterbury.


Great South grants $288k to Southland, Fiordland events
23 Apr 2021   /

Great South grants $288k to Southland, Fiordland events

Great South has allocated $287,500 to 11 events across Fiordland and Southland in its first deployment of the government’s regional events fund.


TIF opens, up to $18m to be allocated
13 Apr 2021  

TIF opens, up to $18m to be allocated

Round five of Tourism Infrastructrure Fund is now open for applications with five South Island regions hit hardest by the lack of international tourists given priority.


Air NZ’s $1.5bn govt loan interest cut to as low as 3.8%
12 Apr 2021  

Air NZ’s $1.5bn govt loan interest cut to as low as 3.8%

The newly extended $1.5bn facility will see it pay annual interest between 3.80% and 5.30%.


Culture & Heritage fund opens for installations, events
12 Apr 2021   /

Culture & Heritage fund opens for installations, events

The first round of funding for Ngā Puninga Toi ā-Ahurea me ngā Kaupapa Cultural Installations and Events has opened.


Air NZ defers capital raise, secures another $600m from Govt
9 Apr 2021   /

Air NZ defers capital raise, secures another $600m from Govt

The new money brings the total amount loaned to the airline by the Govt to $1.5bn. 


Govt launches $60m arts, culture, heritage innovation fund
6 Apr 2021   /

Govt launches $60m arts, culture, heritage innovation fund

Funds provided over three years as part of wider arts and culture Covid-19 recovery programme.