Source: Earth Sciences New Zealand
Energy Supplies – Gas crisis will cost NZ jobs and industry – BusinessNZ
Source: BusinessNZ
- Almost half have already reduced operations, increased prices, or cut staff due to rising gas costs or unreliable supply.
- Prices have surged over 100% in the past five years, with a quarter of businesses paying $25 or more per gigajoule.
- Eighty percent have gas contracts expiring by 2027, leaving a narrow window to secure alternative energy solutions.
- A joint industry-government plan for a managed reduction in industrial gas supply, including targeted support for industries able to transition and contingency planning where no viable alternative exists.
- Immediate action to free up supply, including responsible development of known reserves and streamlining consenting processes.
- Government funding and infrastructure planning to enable realistic transitions to alternative energy sources.
GAZA: 100 children starved to death: A needless tragedy that should shame the world – Save the Children
Source: Save the Children
Property Market – Home ownership dream remains alive despite gloomy survey results – (FAMNZ)
New Zealanders are being urged not to abandon their dreams of home ownership, despite a survey* revealing 72 percent of non-homeowners believe buying a property is beyond their reach.
Finance and Mortgage Advisers Association of New Zealand (FAMNZ) managing director Peter White AM says while the results of the survey by market research agency Perceptive aren’t surprising, many would-be owners have more options than they realise.
Mr White said research by FAMNZ revealed that many Kiwis directly approach a bank to enquire about finance, and when rejected, falsely believe there are no other options.
“Banks provide great facilities and products but the misconception that a bank is the sole source of lending is preventing many aspiring homeowners from realising their dreams,” he said.
“There have been many cases when an adviser has arranged financing or refinancing after a bank has said no,” Mr White continued.
“There are other lenders outside the traditional banks with different lending criteria, so I would urge aspiring homeowners to see a mortgage adviser first, but also if they’re knocked back by a bank.”
He said mortgage advisers also had access to non-bank lenders, and consider each borrower's unique situation, taking this into account to find the most suitable loan.
Mr White said each borrower has different needs and often a bank product may not be the best fit, but this doesn’t mean there is no path to home ownership.
“For example, self-employed people who can’t show a regular wage may not fit the criteria for some traditional bank products, so a mortgage adviser may in some situations recommend a non-bank lender as the most suitable option.
“Many of these non-bank lenders are not accessible to the public and only available through a mortgage adviser.”
He said as good as many bank products are, “a bank can only offer you the products they have, and these often don’t consider the unique financial circumstances of the borrower.”
With interest rates predicted to continue their downward trajectory, Mr White urged those who want to enter the market or refinance, “not to give up hope but to ask a mortgage adviser to provide options.”
Business – Industrial gas users almost out of options
Source: EMA
Advocacy – International Youth Day Highlights the Resilience and Hope of Palestinian Youth
On the occasion of International Youth Day, organizations and advocates worldwide unite to celebrate Palestinian youth. Despite the ongoing challenges of conflict, limited resources, and restrictions on movement, Palestinian young people demonstrate outstanding resilience, creativity, and leadership.
Palestinian youth are at the forefront of efforts to promote peace, justice, and human rights in their communities. Their drive for education, innovation, and social change continues to inspire hope for a brighter future. The global community recognizes not only the obstacles these young people confront but also their unwavering spirit, courage, and commitment to building inclusive societies.
On this International Youth Day, organizations reaffirm their commitment to support Palestinian youth as they strive for dignity, equality, and opportunity. “Palestinian youth are our greatest assets,” said a spokesperson. “Their vision is essential for shaping a future where all can thrive in peace and freedom.”
Stakeholders and supporters call for increased investment in education, employment opportunities, and initiatives that empower Palestinian youth to fully realise their potential. The international community stands in solidarity with Palestinian youth, championing their rights and amplifying their voices for positive change.
Maher Nazzal
Palestine Forum of New Zealand
Energy Sector – Gas market crisis: Industry warns of ‘devastating consequences’ ahead
Source: BusinessNZ
Advocacy – Government delay on recognising Palestinian state weak and deeply embarrassing – PSNA
Source: Palestinian Solidarity Network Aotearoa (PSNA)
The government decision to delay till September considering whether to recognise a Palestinian state is weak and deeply embarrassing.
Recognising a Palestinian state is decades overdue and the government could even delay it further.
There was a time when New Zealand would have been a leader in standing up for human rights and international law but we are now the slowest follower in the western world – a shameful place to be.
But recognising Palestine is NOT a substitute for sanctions against Israel.
“Sanctions against Israel is the only way to force this apartheid state to end the genocide in Gaza” says PSNA Co-Chair John Minto. “This is the urgent priority.”
Israel continues with the mass killing and mass starvation of Palestinians in Gaza because it has never been held to account by western countries such as New Zealand.
“This impunity for genocide must end”

This Saturday 16 August the Palestine Solidarity movement has a National Day of Action for Palestine.
People in more than 30 centres will be rallying and marching and demanding the NZ government recognise Palestine and impose government sanctions against Israel’s genocidal attacks on Palestine.
John Minto
Co-Chair PSNA
Renewable Energy – Offshore Wind Developer JERA Nex bp Launched
11 August 2025 – Parkwind, the company looking to develop a large-scale wind farm off the coast of South Taranaki, is now part of one of the world’s largest offshore wind developers, JERA Nex bp.
The formation of the 50:50 joint venture – which combines the offshore wind assets of bp with those of Parkwind’s former owner, Japan’s JERA – was completed on August 1.
Peter Spencer, formerly Country Manager New Zealand, Parkwind and now Country Manager New Zealand, JERA Nex bp, welcomed the move.
He said the company was investigating the development of a large-scale wind farm which, if delivered, would establish the foundations for offshore wind in New Zealand and become one of the country’s largest power stations.
Such a project would bring significant energy security benefits by protecting water storage in the existing hydro schemes for when it’s needed most in dry years.
JERA Nex bp CEO Nathalie Oosterlinck said: “JERA Nex bp begins life with a strong operating portfolio and an extensive development pipeline. We bring together two highly capable teams with the experience, relationships, purchasing power and unique global access of two of the East and West’s pre-eminent energy companies. This gives us the expertise and experience to find new ways to create value from offshore wind and become one of the world’s leading companies in the sector.”
Spencer said offshore wind was a proven, scalable technology that could diversify New Zealand’s energy mix, boost resilience, and advance the country’s environmental goals.
“But for this to happen, our regulatory environment needs some fine tuning.
“The Government deserves credit for advancing a regulatory regime to facilitate renewable energy development, and a new offshore renewable energy act will represent a significant milestone. However, we need to ensure that the legislative framework is fit for purpose and gives certainty to help build a compelling investment case that draws capital to New Zealand over competing countries
.
“For example, to attract capital to New Zealand we need to consider how our regime can reassure long-term investors and offer synergies to investors also interested in Australia.
“JERA Nex bp is a significant global scale investor, builder and operator of offshore wind. Without fit-for-purpose regulation, investors will simply look elsewhere, and New Zealand will miss an excellent opportunity to secure its resilient clean energy future.”
About JERA Nex bp
Headquartered in London, with offices across Europe, Asia, US and Australasia, JERA Nex bp has a portfolio of operational and development projects across nine countries, and draws on a rich heritage of pioneering offshore wind in Asia Pacific and the North Sea.
www.jnbp.com
