Source: Ki tua o Matariki
Legislation – Four bottom lines for a workable farm plan system – Federated Farmers
Source: Federated Farmers
Defence News – New Zealand’s Navy, Army and Air Force combine for successful South-West Pacific operation
The Governor-General of New Zealand’s visit to Tokelau, the upgrade of critical tsunami and volcano monitoring equipment on Raoul Island, and a search and rescue operation near Tonga were among the achievements of the New Zealand Defence Force’s first extensive operation to the South-West Pacific this year.
With New Zealand Army and Royal New Zealand Air Force personnel aboard, military sealift vessel HMNZS Canterbury under the name Operation Calypso covered 4580 nautical miles without the ship needing to take on additional food or fuel over 23 days.
Commanding Officer, Commander Wayne Andrew, said the mission was a busy one for everyone and was one of the best examples of Service interoperability he had seen.
“With two NH90 helicopters and crew, and supporting personnel from the NZ Army’s 5 Movements Company, this was a tri-service operation covering a range of tasks supporting New Zealand Government agencies in our Pacific neighbourhood.”
MetService personnel were aboard to assess available meteorological observing resources on the three atolls, and a New Zealand Police officer met the Tokelau Chief of Police and took part in community engagements.
Commander Andrew said the NZDF’s strong Pacific connections were an important part of the mission.
“Not only was the ship there for the centenary of New Zealand’s administration of Tokelau, but two Tokelauan members of the Navy were able to reunite with their families there.”
The ship’s company also had two Tongan speakers who were able to translate when Canterbury was last week called on to rescue two men drifting 105 nautical miles south of Tonga.
“Seeing the reaction when our two Tokelauan personnel were welcomed home was incredibly emotional for everyone who witnessed this, and having two Tongan speakers within our ship’s company meant we could reassure the rescued sailors that we would be delivering them home,” Commander Andrew said.
The ship’s final stop at Raoul Island allowed crew working parties to clear overgrowth from the Homestead and Green Lake areas, while NH90 helicopters and 5 Movements Company personnel secured and flew MetService and Earth Sciences NZ (ESNZ) personnel and equipment to remote parts of the island.
Critical tsunami and volcano monitoring equipment on Raoul Island, which provide an early warning system for New Zealand and the region, were upgraded.
As Canterbury returned to Devonport Naval Base this week, Commander Andrew reflected on what the mission had achieved.
“All the people who joined the ship from Her Excellency the Governor-General Dame Cindy Kiro through to the MetService and ESNZ scientists and technicians, NZ Police, Army and Air Force personnel, fully immersed themselves in the ship’s culture and added to it.
“Canterbury’s motto is Kotahitanga (Unity) and this was certainly on display throughout.”
Legislation – Bill limiting protest outside of residences chilling – Amnesty International
Source: Amnesty International Aotearoa New Zealand
Child poverty statistics show that children are being let down by flawed economic model
Source: WEAll Aotearoa New Zealand
- 25.1 percent of tamariki Māori are living in material hardship
- 31 percent of Pacific children, and
- 26.9 percent of disabled children.
Universities – Vice-Chancellor Professor Nic Smith stands down from Te Herenga Waka—Victoria University of Wellington
Professor Nic Smith is standing down as Vice-Chancellor at Te Herenga Waka—Victoria University of Wellington, to take up the role of Vice-Chancellor at the University of Auckland. Professor Smith's final day at Te Herenga Waka will be Friday 12 June.
Professor Smith has expressed his gratitude to both the staff and student community at Te Herenga Waka for their support.
“Serving Te Herenga Waka—Victoria University of Wellington has been one of the great privileges of my career. I have deeply valued the relationships, conversations and shared purpose within this community, and I will miss working with you.”
“A healthy university is one where diverse perspectives are welcomed, ideas are tested rigorously, and debate is conducted with respect. That capacity to disagree thoughtfully, while listening to each other and remaining connected to a shared purpose, is one of the most important contributions universities make to society,” says Professor Smith.
Professor Smith said that enrolments have stabilised in the domestic market and particularly the international market, which is very important for our long-term sustainability.
“Our academics also continue to excel in teaching and research. Our recent rankings for the Law Faculty and AI are but two examples which are testament to this. There are many more.”
Professor Smith was also grateful to the University Council and Te Hiwa and the wider group of leaders at the University.
University Council Chancellor Alan Judge expressed his gratitude to Professor Smith: “Since taking on the role of Vice-Chancellor in January 2023, Professor Smith has worked closely with us on achieving financial sustainability while also overseeing the University to see that it has maintained its heart and special character.
“Professor Smith has done an outstanding job of driving our ambitious strategy, engaging with the city and taking the University community forward. We are grateful for his service and wish him all the best in his role at the University of Auckland.”
A recruitment process for a new Vice-Chancellor will begin immediately.
Economy – RBNZ opens consultation on second tranche of DTA Standards exposure drafts
26 February 2026 – Jess Rowe, Director Prudential Policy, says the opening of this second tranche of consultation marks another milestone as we work towards implementing the DTA.
“Technical feedback on the standards will help us to implement the DTA as intended to modernise and integrate our prudential framework,” Ms Rowe says. “We will continue to engage with industry and the public to ensure a proportionate approach that supports a competitive financial system.”
Consultation on exposure drafts of the DTA Standards is taking place in three tranches. The first tranche was published on 30 October 2025.
The second tranche of consultation, published today and open until 15 May, includes exposure drafts and guidance of the following five standards:
- Governance Standard
- Risk Management Standard
- Disclosure Statements Standard
- Business Transfers, Holding Entity, and Restricted Activities Standard
- Reporting Standard.
DTA Standards exposure drafts (tranche 2) – Citizen Space: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=6dbaea3dbf&e=f3c68946f8
Consultation on tranche three will open in June 2026 and all DTA Standards will come into effect on 1 December 2028.
Consultation also opens on Due Diligence Guidance
As part of tranche two, we are also consulting on the Due Diligence Guidance. This paper provides guidance on how directors can exercise due diligence to ensure that the deposit taker complies with its prudential obligations.
Due Diligence Guidance – Citizen Space: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=ddff356eb2&e=f3c68946f8
Save the Children: Child poverty figures demand Government action to address stagnation
Thursday 26 February 2026 – Save the Children: Child poverty figures demand Government action to address stagnation.
Child material hardship climbs to 10-year high – CPAG
Source: Child Poverty Action Group
Tech – Fujitsu automates entire software development lifecycle with new AI-Driven Software Development Platform
[1] Takane large language model (LLM): Jointly developed by Fujitsu and Cohere Inc.
[2] Medical fee revision: A national system that reviews public medical fees and adjusts cost allocation for medical procedures.
[3] Conventional software development methods: Development methods where quality is verified at each stage, from software requirements definition, design, and implementation to integration testing.
