Funding

Wellington International Airport has set its latest bond issue size at $125m after strong demand from investors.

Applications for the second round of funding for the Northland Regional Events Fund will open 1 October, and for the Dunedin Regional Events Fund on 4 October.

The new funding for operators is needed in light of the latest lockdown and the likelihood of no international visitors over summer.

Wellington International Airport Limited is considering making an offer of 10 year unsecured, unsubordinated, re-setting fixed rate bonds to New Zealand institutional and retail investors.

New business support for tourism operators in five South Island regions can be accessed from this week, with specialist local agencies now appointed to deliver the scheme.

Regional Tourism New Zealand also secures $200k to help build capability within RTOs.

Hamilton City Council has awarded $80,000 in grants from its Heritage Fund to provide financial assistance for the upkeep of sites recognised as representing Hamilton’s past.

The end of the Heritage Earthquake Upgrade Incentive Programme is a “major blow to heritage preservation,” says Historic Places Aotearoa president James Blackburne.

Dunedin Enterprise has launched a carbon measurement incentive scheme for tourism businesses to encourage uptake of sustainable tourism practices and achieve net carbon zero by 2030 in the city.

Great South has opened applications for round two of its Regional Events Fund

One of the key challenges for RTOs is making sure government funding does not run out at the end of 2022.

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

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

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

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

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

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.

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

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

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

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

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

The regions of Waikato, Rotorua, Taupō, and Ruapehu will produce a total of 15 events across the area with an initial round of funding worth $1.6m from the Thermal Explorer Regional Events Fund (REF).

Wharf project receives $2 million, while Hamilton-Waikato Tourism gets one-off grant of $575,000 over three year period.

New Zealand International Science Festival and New Zealand Masters Games get funds to improve marketing power.

A pivot away from tourism leaves councils scrambling to reorganise their funding base, says LGNZ.

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

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

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

Funding reprioritized as not committed through a contestable process.

Minister missed chance to provide any support to sector.

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

The government is investing $6.745m in the Queenstown Trails Realignment Project,

Informational workshop to be held, applications to close 8 June.

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

Applications for Queenstown Lakes District Council’s annual events fund are open with “special consideration” being placed on sustainability.

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

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

Total $105,000 available, with $25,000 for early-stage projects.

The new $5m Glacier Country Business Support Fund aims to protect communities in the hard hit region.

The Southern Lakes Events Investment Panel has opened applications for its Business Events Incentive Scheme.

Nineteen events are collectively set to attract 72,301 out-of-region visitors and pump an additional $18.4m of visitor spend into the region.

The cash would come from a $128m fund managed by DWC trustees and established in 2001 when the region lost its indigenous forestry industry.

New Zealand’s hospitality sector could look to South Australia’s voucher system to boost the economy, says the South Australian Tourism Commission.

Creative and cultural event organisers will be able to apply for a funding boost when the Creative and Cultural Events Incubator Fund opens on 1 February.

Applications for the first round of the $8.5m Southern Lakes Regional Events Fund are now open.

The Government will invest $3.75m in a North Island tourism alliance aimed at developing events for visitors along the Thermal Explorer Highway.

WellingtonNZ received enough registrations to fully allocate the Covid-19 Business and Tourism Transitions funding.

The group hoped a new tourism minister would move quickly to investigate better ways of providing support for the tourism sector.

A new annual subvention fund will be used to attract global conferences to the city.