Category: Finance

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China’s 2026 Government Work Report Indicates a New Cycle of Quality Enhancement for Commercial Real Estate Stock

Source: Media Outreach

Cushman & Wakefield Interpretation Report Highlights Eight Impact Areas for Real Estate Market

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – Global real estate services firm Cushman & Wakefield has released its China’s Two Sessions 2026: Interpreting the Government Work Report publication. Against a backdrop of increasingly complex domestic and international conditions, the 2026 government work report outlines more flexible and adaptive targets for national economic development. These policy directions will have a profound influence on the real estate sector. The market’s transition from focusing on incremental expansion to revitalizing and optimizing existing assets — combined with the accelerating integration of artificial intelligence across industries —will reshape market structures, redefine asset values, and reconfigure spatial development patterns in far-reaching ways.

Macroeconomic Stability Strengthens the Foundation for Commercial Real Estate Stabilization

China’s core economic targets for 2026 are clearly defined, with GDP growth set between 4.5%–5%, balancing the dual objectives of stabilizing growth and adjusting structure. This forms a strong macro foundation for the stabilization and gradual recovery of the commercial real estate sector. Between 2024 and 2025, GDP growth remained steady at around 5.0%. For 2026, the fiscal deficit ratio is maintained at a relatively high 4.0%, with RMB4.4 trillion in local special‑purpose bonds. The quota for ultra‑long‑term special treasury bonds is further expanded to RMB1.3 trillion. Coordinated fiscal and monetary policies will continue to support leasing demand recovery and improved business sentiment in the commercial property market.

Accelerated Industry Transformation Sees Quality Enhancement of Existing Assets Become the Core Theme

The report emphasizes a three‑pronged approach of “city‑specific policies to control new supply, reduce inventory, and improve quality”, while encouraging diverse channels to revitalize existing housing stock and advancing the construction of “good homes.” This marks an accelerated shift from incremental expansion to quality enhancement of existing assets. In 2024, China’s real estate value‑added as a proportion of GDP was just 6.3%, far below the 12.56% average of developed economies. This reflects a structural imbalance characterized by heavy investment in development and insufficient focus on services and leasing. The ongoing transition will make asset management, property services, and leasing operations increasingly central to asset valuation.

Consumption‑Driven Momentum Creates a New Growth Window for Retail Properties

Consumption‑boosting policies are injecting new vitality into the retail property market. The government work report allocates RMB250 billion of ultra‑long‑term special treasury bonds to support product upgrades and replacement, complemented by RMB100 billion in coordinated fiscal‑financial funds — creating a RMB350 billion consumption stimulus package. In 2025, China’s total retail sales of consumer goods exceeded RMB50 trillion, with per‑capita GDP reaching USD13,953, signaling a critical inflection point where service‑oriented consumption accelerates. With services currently accounting for just 46.1% of consumption, there remains significant room for growth. Policies promoting “high‑quality service consumption” and “new consumption scenarios,” combined with the promotion of staggered school holidays in spring and autumn, will create opportunities for high‑quality shopping centers focused on experiential and social retail formats.

AI‑Powered Intelligent Economy Drives an Upgrade in Office Market Demand

The rapid evolution of the intelligent economy is reshaping office market demand. The work report calls for expansion of “AI+,” wider deployment of intelligent agents, and accelerated development of large‑scale computing clusters, indicating the transition of AI into commercialized and scaled applications. In 2025, China’s core digital economy industries accounted for more than 10.5% of GDP, with the target set at 12.5% during the 15th Five‑Year Plan. AI‑related companies are expected to become key new leasing drivers in 2026. This will also stimulate a fresh investment cycle for data centers and industrial parks, with core computing hub cities — in the Beijing‑Tianjin‑Hebei region, Yangtze River Delta, and the Guangdong‑Hong Kong‑Macao Greater Bay Area — set to benefit first.

Capital Market Reforms Expand, Enabling a Full “Investment–Financing–Management–Exit” Cycle for Commercial Real Estate

Capital market reforms continue to support expansion in commercial real estate investment. The work report calls for deepened reform of comprehensive investment and financing mechanisms, expanded exit channels for private equity and venture capital, and accelerated growth of the public REITs market. By 2025, China’s public REITs issuance exceeded RMB210 billion, making it the largest REITs market in Asia. In 2026, commercial public REITs enter their first year of development, with pilots extended to hotels and commercial offices. This establishes a “dual‑engine” landscape of “infrastructure + commercial real estate” and enables a more complete investment‑financing‑management‑exit cycle

Further Opening‑Up Boosts Cross‑Border Logistics and Foreign Investment Demand

China’s opening‑up objectives in 2026 feature two core characteristics: expanding services sector openness to attract foreign investment, and promoting standardized, high‑quality development of cross‑border e‑commerce. In 2025, China’s cross‑border e‑commerce imports and exports totaled RMB2.75 trillion, with growth outpacing overall trade for the fourth consecutive year. The sector’s demand for high‑specification warehouses — characterized by high density and rapid turnover —continues to rise. Cushman & Wakefield data shows that the warehouse market is experiencing volume growth alongside price adjustment, with notable regional differences. As cross‑border e‑commerce becomes more regulated, and cold‑chain logistics demand continues to expand, green‑certified, intelligent high‑spec warehouses are expected to gain a competitive advantage.

Advancement of New Urbanization Brings Opportunities for Urban Clusters and Urban Renewal

A notable highlight among 2026 urbanization policies is the first‑ever proposal to build “innovation‑driven industrial communities and business communities.” This concept breaks the traditional boundary between industrial parks and business districts, fostering integrated complexes that combine office, commercial, and residential functions. The report also supports the development of world‑class city clusters in the Beijing‑Tianjin‑Hebei region, the Yangtze River Delta, and the Greater Bay Area, while enhancing the dual‑city Chengdu‑Chongqing Economic Circle and accelerating growth in the middle‑Yangtze city cluster — further intensifying regional differentiation in the commercial property market. Urban renewal and revitalization of existing stock assets are core pillars of the current urbanization strategy. Policies promoting the reuse of existing land and idle buildings align closely with efforts to revitalize existing housing stock. For owners and operators of prime urban assets, regeneration projects offer strategic opportunities for repositioning and value enhancement.

Green Transformation Prompts Sustainability Certifications to Become a Key Competitive Advantage

The work report dedicates a standalone section to the green transition, announcing dual controls on total carbon emissions and intensity, as well as new policy tools such as zero‑carbon parks and a national low‑carbon transition fund. In 2025, China’s national carbon market saw 235 million tons of allowances traded, with transaction value reaching RMB14.63 billion, up approximately 24% year‑on‑year. Carbon costs have become an increasingly important factor in corporate leasing and location decisions. With 97.9% of newly built urban buildings in 2024 meeting green standards, green retrofits of existing buildings are gaining momentum. Commercial properties certified under LEED, WELL, and China’s Green Building Label standard enjoy notable advantages in rental premiums and tenant attraction.

Sabrina Wei, Chief Policy Analyst and Head of Research, North China, Cushman & Wakefield, said, “The 2026 government work report outlines a clear development vision for commercial real estate characterized by macroeconomic stability, targeted policies, and structural transformation. A GDP growth rate of 4.5%-5% will provide market stability, a RMB350 billion consumption stimulus will activate demand for retail properties, “AI+” will reshape the office market; capital market reforms and public REITs will enable a full “Investment–Financing–Management–Exit” cycle, urban renewal will unlock values of existing assets, and green certification will define new competitiveness for the industry. As the real estate industry transitions from a construction‑focused model to one centered on operations and services, institutions with strong capabilities in asset management and high‑quality operational service delivery will be best positioned to capture the emerging opportunities of this transformative new cycle.”

To access the full report please click here.

Hashtag: #CushmanWakefield

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/20/chinas-2026-government-work-report-indicates-a-new-cycle-of-quality-enhancement-for-commercial-real-estate-stock/

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Police appeal for witnesses after Hastings pub brawl leaves several injured

Source: Radio New Zealand

Police want to identify the man in the fawn cap – the photo on the right shows him without the hat. Police/Supplied

Police are looking for the public’s help to identify people involved in a pub brawl in Hastings.

Detective Sergeant Heath Jones, Hastings Criminal Investigation Branch, said a fight involving both men and women took place inside the Common Room bar between 1.30 and 2am on Sunday 8 March.

Several people were injured, some seriously, with one requiring hospital treatment.

“Police are disappointed at the aggressive and careless behaviour on display at the Common Room that night and will be holding any offenders to account,” Jones said.

“We are asking the public for information to help identify the offenders and anyone else who was there at the time who may have suffered injuries or witnessed the fight.”

Police have released images of one of the people they wish to identify, a man wearing a fawn ‘Gucci’ baseball cap with a white shirt.

Information can be reported to Police by calling 105 or online using the file number 260308/6292, or anonymously through Crime Stoppers on 0800 555 111.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/20/police-appeal-for-witnesses-after-hastings-pub-brawl-leaves-several-injured/

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Appeal for information on fight at Common Room bar in Hastings

Source: New Zealand Police

Please attribute to Detective Sergeant Heath Jones, Hastings Criminal Investigation Branch

Police are appealing for witnesses and anyone else affected by a group of people fighting at a local Hastings pub, to come forward.

The fight occurred between 1.30 and 2am on Sunday 8 March.

Police received reports of a brawl involving men and women inside the Common Room bar which is located at 227 Heretaunga Street East, Hastings. 

Several people were injured, some seriously, with one requiring hospital treatment.

Police are disappointed at the aggressive and careless behaviour on display at the Common Room that night and will be holding any offenders to account.

We are asking the public for information to help identify the offenders and anyone else who was there at the time who may have suffered injuries or witnessed the fight.

If you were there, or you know someone affected please call 105 or make a report online by clicking ‘Make a report’ referencing the file number 260308/6292.

Police are looking to identify the male in the images attached. In two photos he is seen wearing a fawn ‘Gucci’ baseball cap with a white shirt.

You can also provide information anonymously through Crime Stoppers on 0800 555 111.

We encourage anyone who witnesses illegal activity and violent behaviour to call Police immediately on 111.

END

Issued by Police Media Centre

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/20/appeal-for-information-on-fight-at-common-room-bar-in-hastings/

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Statement – Home support workers must be front of queue for fuel fix Nicola Willis – PSA

Source: PSA

The PSA is urging the Finance Minister to make 23,000 home support workers a priority when delivering urgent support to low income workers hit by sharply rising petrol prices.
Nicola Willis told media today she wants a ‘very targeted and temporary’ fix for those ‘acutely impacted’, adding she doesn’t want to see a situation where ‘people can’t drive to work.’
“We agree with Nicola Willis – and home support workers should be at the front of the queue – and right now there’s a fast, ready fix available that could be done today by raising their mileage allowance,” said Fleur Fitzsimons, National Secretary for the Public Service Association Te Pūkenga Here Tikanga Mahi.
The Finance Minister is seeking advice from Inland Revenue and Treasury about using the tax and transfer system to deliver support – tax credits under Working for Families or the Independent Earner Tax Credit. But neither may help many home support workers.
“These workers drive their own cars between clients every day, and are the only publicly funded workers required to do so with such a miserable mileage reimbursement. They have no choice but to drive and rising petrol prices are hitting them directly in the pocket with every shift.
“But there’s a simple, fast fix right now for these essential workers. The Home and Community Support (Payment for Travel Between Clients) Settlement Act 2016 requires Health NZ Te Whatu Ora to pay a mileage rate to these workers. The Health Minister can direct that rate to be lifted immediately, no complicated fiddling with the tax and transfer system required, no delay, just fast, real help.”
The allowance was last adjusted four years ago so should be being reviewed right now.
Fleur Fitzsimons said: “These are low-paid, predominantly female workers providing critical care to elderly and disabled New Zealanders. If the Government is serious about protecting working people from the fuel crisis, it can today deliver the support they need right now.
“The PSA urges the Government to do the right thing by these workers, today. They can’t afford to wait.”
Previous statement
The Public Service Association Te Pūkenga Here Tikanga Mahi is Aotearoa New Zealand’s largest trade union, representing and supporting more than 95,000 workers across central government, state-owned enterprises, local councils, health boards and community groups.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/20/statement-home-support-workers-must-be-front-of-queue-for-fuel-fix-nicola-willis-psa/

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PT Danantara Investment Management opens DPT registration for PSEL partners

Source: Media Outreach

JAKARTA, INDONESIA – Media OutReach Newswire – 19 March 2026 – In its efforts to accelerate the energy transition while addressing the growing challenge of urban waste, the government has tapped PT Danantara Investment Management (DIM) to seek capable partners in developing waste-to-energy (WtE) power plant projects, locally known as Pengolahan Sampah Menjadi Energi Listrik (PSEL).

The PSEL program is supported by Presidential Regulation (Perpres) No. 109/2025, which governs urban waste management through environmentally sustainable renewable energy solutions.

The initiative begins with the establishment of a verified providers list (Daftar Penyedia Terverifikasi or DPT), a pre-qualification mechanism designed to identify companies with proven track records, strong financial capacity and technical expertise in WtE.

To that end, collaboration with private partners scheme reflects the government’s intention to share risks with the private sector while leveraging its expertise, ensuring that projects are not only delivered but also remain operationally sustainable.

Participation in the DPT is open to single entities and consortiums, both local and foreign, provided their countries maintain diplomatic relations with Indonesia.

In addition, DIM has appointed an independent registration and verification (R&V) agent to ensure a credible and transparent process, ensuring that prospective partners included in the list undergo a structured and transparent evaluation.

“The program is designed to ensure that the establishment of the DPT is carried out in a transparent and systematic manner, in line with good governance principles,” PT Danantara Investment Management said in an official statement.

The submission period for verification documents will run from March 25 to April 25, with DIM set to hold virtual technical discussions (aanwijzing) in two cycles to provide further clarity on technical requirements. The first cycle is scheduled for March 26, followed by the second on April 1. Each cycle will include two sessions to accommodate across different time zones.

While attendance at the aanwijzing sessions is not mandatory, they are expected to serve as an important forum for prospective participants to better understand the application requirements before submitting final documents through the official channel.

Interested companies can write indication of interest by email through registrationwte@danantaraindonesia.com

For further information, providers may refer to

https://www.danantaraindonesia.co.id/media-center/highlight/dim-waste-to-energy-verified-participants-list-registration-2026

Hashtag: #Danantara

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/19/pt-danantara-investment-management-opens-dpt-registration-for-psel-partners/

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1exchange and Capitaux Partner to List NVDAt, among the First ISIN-Backed Tokenized NVIDIA Stock

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 19 March 2026 – 1exchange, a leading regulated RWA exchange for listing and trading RWA tokens, has entered a strategic partnership with Capitaux, the issuer of NVDAt, an ISIN-registered tokenized security referencing NVIDIA shares. The collaboration is set to bring NVDAt, ISIN-backed tokenized NVIDIA stock, to global investors, establishing a new benchmark for credibility and standardization in the global RWA tokenization market.
NVDAt is structured as a 1:1 asset-backed tokenized representation of NVIDIA shares, designed for compliant and efficient on-chain trading upon listing. ISIN registration enhances transparency, interoperability, and institutional recognizability across trading, settlement, and reporting systems. By supporting issuers in obtaining ISIN registration, 1exchange enables clearer identification and stronger alignment with established financial standards for RWA tokens.
With transparent and compliant architecture, independent third-party custody, and institutional grade blockchain security, Capitaux enables institutions to transform real-world assets into globally tradable digital securities. 1exchange is actively building its listing-to-trading ecosystem to bring high-quality and compliant RWA tokens to investors worldwide. The forthcoming listing of NVDAt further strengthens 1exchange’s tokenized product offering, supporting the scalable growth of the RWA tokenization market.
“By introducing an ISIN-backed RWA token in partnership with Capitaux, we will be bringing institutional-grade compliance standards into the on-chain RWA tokenization market.” says Sheena Lim, CEO of 1exchange, “Our focus is to make the listing and trading of RWA tokens more transparent, structured, and accessible for investors.”

Hashtag: #1exchange #tokenization #toenizedstocks #RWA

https://www.1x.exchange/
https://www.linkedin.com/company/1-exchange/

The issuer is solely responsible for the content of this announcement.

About 1exchange

1exchange, a member of FOMO Group, is a leading exchange for Real-World Assets (RWA) security tokens and private listings, licensed by the Monetary Authority of Singapore (MAS). Offering full-stack on-chain infrastructure, the platform enables issuers to list enterprise-grade RWAs, while enabling investors to trade modern digital assets in a regulated secondary market, unlocking global liquidity.
Visit www.1x.exchange for more information. For media inquiries, please contact media@1x.exchange.


Disclaimer:
The information contained in this article is provided strictly for general informational purposes only. It does not constitute financial advice, investment advice, an offer to sell, or a solicitation of an offer to purchase or subscribe for any securities or financial products listed or traded on 1exchange (“1X”).
Investments involve risks, including the possible loss of principal. Past performance is not necessarily indicative of future performance.
Readers should carefully consider their investment objectives, financial circumstances, and risk tolerance, and should conduct their own independent research. Where appropriate, readers are encouraged to seek advice from a qualified financial professional before making any investment decisions.
This article has not been reviewed by the Monetary Authority of Singapore.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/19/1exchange-and-capitaux-partner-to-list-nvdat-among-the-first-isin-backed-tokenized-nvidia-stock/

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Live: Fuel stations run out again, Luxon warns NZ preparing for ‘prolonged’ Iran conflict

Source: Radio New Zealand

Petrol stations across the country are seeing a surge of drivers filling up as petrol prices rises amid fears of rapidly jumping prices and potential shortages.

Meanwhile, Prime Minister Christopher Luxon and Finance Minister Nicola Willis have been addressing the latest on the fuel crisis, warning that NZ is now preparing for a possible ‘prolonged’ Iran conflict.

“Hope is not a plan,” Luxon said.

It comes in the wake of a global rise in oil prices following the US-Israel war on Iran. Iran’s response has included the closure of the Strait of Hormuz, a key transportation channel for Middle Eastern energy exports.

Strikes overnight hit Iran’s part of the world’s largest gas field. Iran has vowed revenge, listing energy targets in Saudi Arabia, the UAE and Qatar as potential targets.

The Automobile Association here has warned further price hikes are likely.

Prime Minister Christopher Luxon and Finance Minister Nicola Willis face questions on the fuel crisis. RNZ / Samuel Rillstone

There have been reports of service stations running out of fuel as motorists rush to fill up.

New Zealand has several weeks’ supply in storage or on the way, the government has said.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/19/live-fuel-stations-run-out-again-luxon-warns-nz-preparing-for-prolonged-iran-conflict/

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Live: Fuel stations run out again, Luxon warns NZ preparng for ‘prolonged’ Iran conflict

Source: Radio New Zealand

Petrol stations across the country are seeing a surge of drivers filling up as petrol prices rises amid fears of rapidly jumping prices and potential shortages.

Meanwhile, Prime Minister Christopher Luxon and Finance Minister Nicola Willis have been addressing the latest on the fuel crisis, warning that NZ is now preparing for a possible ‘prolonged’ Iran conflict.

“Hope is not a plan,” Luxon said.

It comes in the wake of a global rise in oil prices following the US-Israel war on Iran. Iran’s response has included the closure of the Strait of Hormuz, a key transportation channel for Middle Eastern energy exports.

Strikes overnight hit Iran’s part of the world’s largest gas field. Iran has vowed revenge, listing energy targets in Saudi Arabia, the UAE and Qatar as potential targets.

The Automobile Association here has warned further price hikes are likely.

Prime Minister Christopher Luxon and Finance Minister Nicola Willis face questions on the fuel crisis. RNZ / Samuel Rillstone

There have been reports of service stations running out of fuel as motorists rush to fill up.

New Zealand has several weeks’ supply in storage or on the way, the government has said.

Luxon and Willis will be speaking to the media at Parliament from 1.30pm. Watch it live at the top of this page. RNZ will also be blogging the developments as they happen.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/19/live-fuel-stations-run-out-again-luxon-warns-nz-preparng-for-prolonged-iran-conflict/

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Live: Fuel stations run out again, Luxon and Willis faces questions about fuel crisis

Source: Radio New Zealand

Petrol stations across the country are seeing a surge of drivers filling up as petrol prices rises amid fears of rapidly jumping prices and potential shortages.

Meanwhile, Prime Minister Christopher Luxon and Finance Minister Nicola Willis are set to talk about the latest on the fuel crisis.

It comes in the wake of a global rise in oil prices following the US-Israel war on Iran. Iran’s response has included the closure of the Strait of Hormuz, a key transportation channel for Middle Eastern energy exports.

Strikes overnight hit Iran’s part of the world’s largest gas field. Iran has vowed revenge, listing energy targets in Saudi Arabia, the UAE and Qatar as potential targets.

The Automobile Association here has warned further price hikes are likely.

There have been reports of service stations running out of fuel as motorists rush to fill up.

New Zealand has several weeks’ supply in storage or on the way, the government has said.

Luxon and Willis will be speaking to the media at Parliament from 1.30pm. Watch it live at the top of this page. RNZ will also be blogging the developments as they happen.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/19/live-fuel-stations-run-out-again-luxon-and-willis-faces-questions-about-fuel-crisis/

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Waihoehoe Road Upgrade driving forward

Source: New Zealand Government

Main construction is getting underway on the Waihoehoe Road Upgrade, helping to build the future of Auckland’s transport system Transport Minister Chris Bishop says.

“This marks a major milestone in delivering improved transport connections and supporting long‑term growth in the Drury area,” says Mr Bishop. 

“Alongside other investments already underway in South Auckland, including the SH1 Papakura to Drury improvements, the new Drury, Ngākōroa, and Paerātā train stations, and the planned SH22 Drury upgrade, the Waihoehoe Road project will ensure roads and rail are being delivered together as a connected transport network. 

“South Auckland is the region’s fastest growing area with more than 120,000 additional people expected to make it their home over the next 30 years. Investing in an integrated transport network supports the Government’s priorities of unlocking growth and improving access to new housing and jobs.

“Waihoehoe Road will ultimately form part of a major east–west arterial route, running approximately 4.5 kilometres between Drury Hills Road and Jesmond Road. The corridor will support local communities and future rapid public transport services, helping connect people to the nearby Drury and Ngākōroa train stations.

“The project will widen and upgrade a 400‑metre section of Waihoehoe Road between Great South Road and Kath Henry Lane, improving safety, capacity and resilience. 

“Access to the new Drury train station and nearby housing developments currently underway will also be improved, while laying the foundations for future growth in the area.”

Notes to Editor: 

  • Key project features include:
    • Additional traffic lanes, increasing from two to four lanes, and up to six lanes on the new Waihoehoe Road bridge
    • New signalised intersections at Waihoehoe Road/Great South Road and Waihoehoe Road/Kath Henry Lane
    • A new, higher bridge over the North Island Main Trunk Line, with space to allow for KiwiRail to construct 3rd and 4th mains in the future.
    • Capacity for future bus lanes
    • New walking and cycling connections between Great South Road and the new Drury Train Station
  • Enabling works were completed in early 2025, and piling commenced in November 2025 to prepare the site for main construction work.
  • The project is expected to be completed in mid‑2028, at an expected cost of $136 to $148 million. 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/19/waihoehoe-road-upgrade-driving-forward/

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GDP data shows a growing economy

Source: New Zealand Government

Economic data released today confirms the economy was growing at the end of last year, Finance Minister Nicola Willis says.

Stats NZ figures released today show real Gross Domestic Product rising 0.2% in the December quarter.

“While GDP data was volatile throughout 2025, the New Zealand economy picked up noticeably in the second half of the year, growing 1.1 per cent over the final six months after being relatively flat over the first half of the year,” Nicola Willis says. 

Before the recent conflict in the Middle East, economic forecasters had been predicting growth to continue and strengthen in 2026.

“The conflict will have an impact on the economy, but we are starting from a much stronger position now than was the case in the past few years, when high inflation and high interest rates were weighing down on people.

“The full impact of the conflict will depend on the severity of the disruptions and how long they last, but realistic scenarios have so far shown growth continuing in 2026.”

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/19/gdp-data-shows-a-growing-economy/

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Medical Research – A Major Milestone for Clinical Research in Aotearoa

Source: Aotearoa Clinical Trials and Medical Research Institute of New Zealand

MRINZ and ACTT Launch CRANZ to Strengthen Clinical Research in New Zealand
The Medical Research Institute of New Zealand (MRINZ) and the Aotearoa Clinical TrialsTrust (ACTT) are pleased to announce the establishment of the Clinical Research Alliance New Zealand (CRANZ), a new national partnership to strengthen and expand high-quality clinical trial research across Aotearoa New Zealand.
Both organisations are dedicated to improving health outcomes through rigorous, evidence based clinical research. CRANZ brings together MRINZ’s internationally recognised research expertise with ACTT’s nationwide, public hospital-embedded clinical trial delivery network to create a coordinated platform for medical research.
The Alliance will:
  • Increase the number and support of high-quality investigator-initiated trials (IITs) and collaborative group trials (CGTs)
  • Work with overseas funders and research institutes to enable more medical research to be performed in New Zealand
  • Enable New Zealand clinicians to design and lead trials that improve patient care and inform clinical practice
  • Strengthen collaboration across hospitals, universities, and research institutions
  • Build sustainable, nationally coordinated clinical trial capability
Investigator-led trials are essential for addressing locally relevant health challenges and generating evidence grounded in real-world patient care. CRANZ will provide the systems, governance expertise, and delivery infrastructure required to support efficient, high quality trial execution across New Zealand.
CRANZ will initially focus on Respiratory, Vaccines, Dermatology, and Infectious Diseases – areas of significant public health priority and established research strength.
Professor Richard Beasley, Director of MRINZ, said: “Clinical trials allow us to answer the questions most relevant to patient care in New Zealand. CRANZ strengthens our ability to support clinicians to access and lead high-quality trials, generating evidence that improves clinical practice.” 
Dr. Edward Watson, Chief Executive of ACTT, said: “CRANZ connects research leadership with nationwide hospital-based delivery, creating a more capable and coordinated environment for all clinical research. This Alliance will expand access to high-quality trials for patients and strengthen New Zealand’s clinical research capability.”
Further details on CRANZ programmes and collaborative initiatives will be announced in the coming months.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/19/medical-research-a-major-milestone-for-clinical-research-in-aotearoa/

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Innovation Fund delivers increased access

Source: New Zealand Government

Round Three of the successful Mental Health and Addiction Innovation Fund has been announced with changes that aim to increase access to support across New Zealand, Mental Health Minister Matt Doocey announced.

“The Government’s mental health plan is delivering faster access to support, more frontline workers, and a better crisis response. Grassroots community organisations play a big role in helping us achieve that,” Mr Doocey says.

“Already, the Fund has supported nineteen organisations around the country, increasing access for many Kiwis. Initiatives include helping young people stay safe online, supporting young mothers, Women’s Refuge services, a crisis café, and support for people in the construction industry.”

“I have been very clear from the start that I am open to making changes to the Fund. I have heard the sector loud and clear that further changes were needed to allow more organisations to access funding. This idea was born from talking to the sector, so it is only right they have a say in the changes.”

In response, the requirement for an independent Social Return on Investment (SROI) report as part of the application process has been revised. Instead, applicants will submit a proposal outlining the intended outcomes and how potential social return will be measured. A full external SROI report will then be completed towards the end of the project.  

“This change allows community organisations to use matched funding for half of the external SROI report, increasing access to the Fund while helping organisations clearly demonstrate the outcomes of their programmes,” Mr Doocey says.

“This approach opens the door for greater access to the Innovation Fund, while still maintaining robust evaluation and evidence. At the end of the day, we want grassroots organisations that know their communities best to bring forward new ideas that can be supported. I am proud that this Government is backing them.

“But the real winners are the thousands of people who benefit from the partnership, with more New Zealanders able to have timely access to support around the country.

“This is the second change to the fund. After the first round, we heard clearly from organisations that the $250,000 matched-funding requirement was a barrier. In response, that threshold was lowered to $100,000 in round two, further increasing access to the Fund.”

Notes to editor:
•    Contracts are expected to be in place from Quarter 1 2026/27.
•    With this change, $20 million has now been made available through the Fund.  This third round will continue the Fund for a further two years, with $5 million per annum available in 2026/27 and 2027/28. Providers may submit proposals covering both years. 
•    The full criteria includes:
•    Increases access to mental health and addiction support  
•    Protects public specialist mental health and addiction services by reducing demand 
•    Develops capacity in the mental health and addiction workforce Uses technology to drive productivity 
•    Delivers scalable solutions for unmet need 
•    Returns positive social return on investment (with evidence) 
•    Achieves positive outcomes for target population groups that have evidence of poorer mental health outcomes than other groups 
•    Will be co-funded on a dollar-for-dollar matched funding basis.
 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/19/innovation-fund-delivers-increased-access/

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Jetstar plane swerved off Christchurch runway after pilot accidentally hit ‘full power’

Source: Radio New Zealand

A plane slid off the runway in Christchurch. Supplied / JJ Green

A Jetstar plane swerved off the runway after landing at Christchurch because the pilot accidentally put the thrust lever on to full power causing the plane to accelerate, investigators say.

Passengers aboard the Airbus A320 plane travelling from Auckland reported a bumpy and “frightening” landing on 31 May 2024, although no one was injured.

The Transport Accident Investigation Commission (TAIC)’s report out on Thursday put it down to an accident but also noted a lack of proper training from Jetstar.

Chief investigator of accidents Louise Cook said during the flight one of the plane’s three hydraulic systems failed and the plane lost the ability to use its nosewheel to steer.

The crew followed standard operating procedures and continued with the flight to land at Christchurch where they planned to use differential braking to steer off the runway onto the rapid exit taxiway.

The landing went well until the crew lost directional control and the plane veered off the taxiway, hit an aerodrome signboard and continued across the grass until stopping back on the main runway, Cook said.

“The crew did a great job of landing the plane, had they stopped and then been towed off there would’ve been no issues,” she said.

“But they were trying to do the right thing and clear the runway so that other planes could use it, and so used the rapid exit way, and as they went to do that that’s when the pilot thought they were putting it into idle but in fact put the thrust lever forward into climb and full power.”

A Jetstar aircraft slid off the runway at Christchurch Airport on arrival. Supplied / JJ Green

Cook said the pilots were likely so focused on making that exit they missed important cues that the position of the thrust levers was not as intended.

“On the face of it, this option appeared safe and achievable to the pilots because Airbus documentation, repeated in Jetstar’s Flight Crew Techniques Manual, provided no guidance on use of differential braking specifically for steering off the runway via a rapid exit,” she said.

A Jetstar spokesperson said the airline had since changed its guidance to flight crews.

“We’ve worked closely with the regulator and Airbus to fully understand what occurred and have strengthened our procedures to help prevent a recurrence and ensure the ongoing safety and resilience of our operations,” Jetstar said.

TAIC said Airbus had accepted the commission’s recommendation to revise aircraft manuals and instructor guidance to mitigate the risk that other pilots might move the thrust levers while on the ground to an unintended position.

Airbus planed to do this in April and May 2026, it said.

“This accident also highlights the importance of maintenance engineers conducting a detailed inspection of new parts for potential damage before installation. In this case, a titanium hydraulic pipe was just 1mm out of shape – slightly oval, not round. It is very likely the deformity occurred when the pipe’s packaging was damaged in transit between Airbus warehouses in 2015,” the commission said.

“The damage was not detected before or after installation and failed after 18 months of service.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/19/jetstar-plane-swerved-off-christchurch-runway-after-pilot-accidentally-hit-full-power/

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Jetstar plane swerved off Christchurch runway because of pilot error, poor training – TAIC report

Source: Radio New Zealand

A plane slid off the runway in Christchurch. Supplied / JJ Green

A Jetstar plane swerved off the runway after landing at Christchurch because the pilot accidentally put the thrust lever on to full power causing the plane to accelerate, investigators say.

Passengers aboard the Airbus A320 plane travelling from Auckland reported a bumpy and “frightening” landing on 31 May 2024, although no one was injured.

The Transport Accident Investigation Commission (TAIC)’s report out on Thursday put the accident down to pilot error but also a lack of proper training from Jetstar.

Chief investigator of accidents Louise Cook said during the flight one of the plane’s three hydraulic systems failed and the plane lost the ability to use its nosewheel to steer.

The crew followed standard operating procedures and continued with the flight to land at Christchurch where they planned to use differential braking to steer off the runway onto the rapid exit taxiway.

The landing went well until the crew lost directional control and the plane veered off the taxiway, hit an aerodrome signboard and continued across the grass until stopping back on the main runway, Cook said.

“The crew did a great job of landing the plane, had they stopped and then been towed off there would’ve been no issues,” she said.

“But they were trying to do the right thing and clear the runway so that other planes could use it, and so used the rapid exit way, and as they went to do that that’s when the pilot thought they were putting it into idle but in fact put the thrust lever forward into climb and full power.”

A Jetstar aircraft slid off the runway at Christchurch Airport on arrival. Supplied / JJ Green

Cook said the pilots were likely so focused on making that exit they missed important cues that the position of the thrust levers was not as intended.

“On the face of it, this option appeared safe and achievable to the pilots because Airbus documentation, repeated in Jetstar’s Flight Crew Techniques Manual, provided no guidance on use of differential braking specifically for steering off the runway via a rapid exit,” she said.

A Jetstar spokesperson said the airline had since changed its guidance to flight crews.

“We’ve worked closely with the regulator and Airbus to fully understand what occurred and have strengthened our procedures to help prevent a recurrence and ensure the ongoing safety and resilience of our operations,” Jetstar said.

TAIC said Airbus had accepted the commission’s recommendation to revise aircraft manuals and instructor guidance to mitigate the risk that other pilots might move the thrust levers while on the ground to an unintended position.

Airbus planed to do this in April and May 2026, it said.

“This accident also highlights the importance of maintenance engineers conducting a detailed inspection of new parts for potential damage before installation. In this case, a titanium hydraulic pipe was just 1mm out of shape – slightly oval, not round. It is very likely the deformity occurred when the pipe’s packaging was damaged in transit between Airbus warehouses in 2015,” the commission said.

“The damage was not detected before or after installation and failed after 18 months of service.”

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/19/jetstar-plane-swerved-off-christchurch-runway-because-of-pilot-error-poor-training-taic-report/

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Nightshift cleaner welcomes Finance Minister’s mooted support against surging petrol prices

Source: Radio New Zealand

Finance Minister Nicola Willis explains government’s plan as petrol prices increase. RNZ / Samuel Rillstone

A woman who works overnight shifts as a cleaner at Auckland Airport says she is feeling the effects of surging petrol prices.

The Finance Minister said she was looking at targeted, temporary support for some households if the Middle East conflict worsened.

Nicola Willis said the help could be available, for example, to a cleaner needing to drive to work early in the morning when there was no public transport.

E tū union member Ayesha Paki had a roughly 30-minute drive, six days a week, to her job at Auckland Airport.

“Everything is expensive and now the petrol has affected all of us cleaners and low pay workers. We are so worried,” she said.

Paki, who worked 10pm to 6am shifts, said it was a very tough time.

“Petrol is going up everytime I go in my car,” she said.

“We are renting and we have to pay the bills, electricity, put the food on the table, it’s hard for us.”

Paki said any government support would be appreciated.

“If our wages go up it will be easier for us. That’s why we fight for our Fair Pay agreement but then they scrapped it, and we cleaners are suffering and struggling.”

On Monday, Willis said the government was “anticipating, and to the extent possible mitigating the impact on the New Zealand economy, including what could potentially be acute cost of living pressures for some households”.

“From the government’s point of view, we need to ensure that any support we provide to households is temporary, is targeted and is timely,” she said.

Willis said official advice was that reducing fuel excise would “send the wrong signal” and not be sufficiently targeted.

Willis said her household would not need as much help financially as others, using the example of a South Auckland airport cleaner who could not take the bus to work.

“We need to make sure that we have in mind those New Zealanders who face the most acute cost of living pressures rather than having blanket responses which tie up a lot of others.”

She would not give a price petrol would have to reach at the pump before the government would take action, saying prices had been higher in the past.

“I am working with the Treasury and we will have a range of options,” she said, which would be discussed with Cabinet. She said whatever the government did would have to be prudent and not contribute to inflation.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/19/nightshift-cleaner-welcomes-finance-ministers-mooted-support-against-surging-petrol-prices/

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HKSTP Brings Together Life and Health Tech Leaders at CTC Marketplace Proving Ecosystem’s Success in Driving Fundraising and Research Commercialisation

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 18 March 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) today hosted the CTC Marketplace Showcase Event: From Clinical Trials to Fundraising, Licensing Deals and Acquisitions, reinforcing its commitment to accelerating the city’s life and health tech sector. The event brought together 110 industry pioneers, investors, and corporate partners for a deep dive into the critical pillars shaping biotech success—from Hong Kong’s unique policy advantages for innovation and the evolving IPO landscape, to the city’s emergence as a global clinical trial hub.

The event featured a compelling lineup of company founders and executives who have leveraged HKSTP’s ecosystem to reach critical milestones, including Health Hope Pharma, Arthrosi Therapeutics Inc, Nuance Pharma and InxMed (Hong Kong) Limited.

With over 300 life and health tech companies in its ecosystem and strong policy support from the nation and the HKSAR Government, HKSTP is uniquely positioned to drive the next generation of medical breakthroughs. Through its end-to-end translational ecosystem, HKSTP accelerates biotech commercialisation by bridging the critical gap from lab discovery to global market access—delivering world-class infrastructure, strategic funding, and expert regulatory guidance.

As a strategic catalyst, HKSTP actively connects innovators with top-tier Principal Investigators (PIs), leading clinical centres, and institutional investors, helping to de-risk development pathways, streamline regulatory approvals, and fast-track clinical trials for transformative growth.

“At HKSTP, we recognise that a great idea is only the beginning. The real challenge is navigating the long and complex journey from lab to clinic, from concept to cure,” said Terry Wong, CEO of HKSTP, in his opening remarks. “Today’s CTC Marketplace represents the physical embodiment of our execution strategy. Our mission is to connect, collaborate, and accelerate, because every step forward brings us closer to the patients and communities who depend on our innovations.”

Health Hope Pharma is a Hong Kong-headquartered late-stage clinical oncology biopharma, specialising in novel oral anti-cancer drugs towards a safer and more convenient alternative to conventional intravenous therapy. Prof Dennis Lam, Founder of Health Hope Pharma, shared his experience in securing a major licensing agreement with global biopharmaceutical leader Gilead Sciences, with a potential value of up to USD 82.5 million for HHP, including milestone payments.

Arthrosi Therapeutics Inc. is a US-based clinical-stage biotechnology company dedicated to developing treatment option aimed at lowering uric acid levels and reducing joint damage for people living with gout. Dr Shunqi Yan, Co-founder and COO of Arthrosi Therapeutics, joined virtually and shared the company’s remarkable success in achieving USD 153 million in Series E funding and a subsequent acquisition valued at USD 1.5 billion.

Nuance Pharma is an innovation focused biopharma company, with late-stage clinical pipeline and commercial stage asset portfolio across respiratory, emergency care, iron deficiency anemia and pain management. Dr Charlie Chen, COO of Nuance Pharma, discussed how the company leveraged the “1+” mechanism to expedite commercialisation in Hong Kong. The Department of Health approved Ohtuvayre in March 2026, marking it as the first drug targeting chronic obstructive pulmonary disease to gain approval under this scheme.

InxMed (Hong Kong) Limited is focused on addressing a key challenge in cancer therapy: drug resistance stemming from tumor defense mechanisms. The company officially submitted its IPO application to the Hong Kong Stock Exchange in August 2025. Mr Francis Cao, Co-founder and COO of InxMed, emphasised the critical role of fundraising in advancing their research, having completed five rounds of financing that total over USD 130 million.

Hashtag: #HKSTP

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/19/hkstp-brings-together-life-and-health-tech-leaders-at-ctc-marketplace-proving-ecosystems-success-in-driving-fundraising-and-research-commercialisation/

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McClay to lead cross-party delegation to WTO negotiation

Source: New Zealand Government

Trade and Investment Minister Todd McClay travels to Cameroon this weekend for the 14th Ministerial Conference of the World Trade Organization (WTO), where he will again serve as a Vice Chair of the negotiations.

“As a small, export driven economy, New Zealand depends on predictable and rules based global trade. The WTO is an important part of this system,” Mr McClay says.

“Faced with growing global economic and geo-political disruption, rising protectionism, and concerns about global supply chain resilience, there’s recognition among WTO members of the need for a modern, effective organisation that’s geared to support trade in today’s world.”

As Vice Chair of the conference, Mr McClay has a key role in facilitating those discussions.

Mr McClay will be joined by Labour Party Trade and Export Growth spokesperson Damien O’Connor as part of New Zealand’s delegation.

“New Zealand will push for outcomes that maintain the integrity and effectiveness of the WTO which continues to have a critical oversight role for the vast majority of global trade,” Mr McClay says.

Trade ministers and representatives from the 166 WTO member economies attend the Ministerial Conference, the WTO’s highest decision-making body, which meets every two years.

They will also address e-commerce, agriculture reform, and harmful fisheries subsidies during the conference which runs from 26-29 March.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/18/mcclay-to-lead-cross-party-delegation-to-wto-negotiation/

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AEON Bank Champions Community Impact Financial Inclusion and Rewarding Raya Campaign Anchored on “Niat di Hati, Budi Terpateri”

Source: Media Outreach

As part of its Shared Value Creation (SVC) commitment, AEON Bank continues to drive its flagship community impact initiative, Salam Prihatin.

Targeted Support and Value Added Impact This year, Salam Prihatin 4.0 engaged 100 households, amounting to more than 400 beneficiaries from the community Perumahan Pantai Permai, Kuala Lumpur. The engagement was held on 3 March 2026, in collaboration with AEON BiG Wangsa Maju and a local NGO, Pertubuhan Kebajikan Masyarakat Penyayang Lembah Pantai (PERKEMP) Lembah Pantai.

Fostering Financial Inclusion and Enabling Budget Savvy Autonomy Among the Beneficiaries

Fostering financial inclusion among the community, the beneficiary families were guided by AEON Bank team to plan for purposeful purchase of grocery and essential items, giving them the autonomy to optimise their budget, based on the needs of their respective families – be it multigenerational households, or families with small children or those caring for persons with disabilities (PWD).

Each beneficiary family received a RM300 grocery budget, which rounded up AEON Bank’s contribution this year to RM30,000 in total. In order to assist the families with their grocery shopping on the event day, more than 50 of AEON Bank employees, including the Bank’s senior leadership, were paired up with the families during the engagement. To date, AEON Bank has engaged almost 2,000 beneficiaries throughout 4 years, under its Salam Prihatin community impact initiative.

Now in its fourth year, AEON Bank has engaged almost 2,000 beneficiaries throughout 4 years, under its Salam Prihatin community impact initiative.

NIAT TO BE MORE RINGGIT SAVVY : SMART SAVINGS AND VALUE ADDED REWARDS

In the effort to help Malaysians manage the rising cost of living, AEON Bank has introduced several financial tools in its digital banking app and meaningful rewards for its customers, including :

(i) Neko Sensei : AEON Bank’s very own in-app financial coach designed to empower customers to track and manage their finances wisely.

(ii) RM30 Raya Cashback : Customers can earn RM30 cashback when paying with their AEON Bank Debit Card-i at stores participating in the MyDebit campaign, valid from 1 February to 15 April 2026.

(iii) Competitive Rate for Savings Pot : Enjoy a high 3.00% p.a. profit rate for the Savings Pot to help keep your financial goals on track, valid until 31 May 2026.

(iv) Personal Financing-i (PF-i) : Financing options from RM1,000 to RM100,000 with a profit rate starting at 3.88% p.a. and flexible tenures from 3 to 84 months. PF-i application process fully takes place online via the app, available to Malaysians with a minimum monthly gross income of RM2,500 including salaried employees, self-employed individuals, freelancers and gig economy workers.

(v) Neko Missions : A gamified digital banking experience that offers RM5 cashback for DuitNow QR transactions via AEON Bank app, valid until 15 May 2026.

(vi) JomPay : Customers can also make their JomPay transactions, including telco and utility bills via the AEON Bank app. providing a centralised platform for all essential online payments.

(vii) Inclusivity and Flexibility : Effective 17 March 2026, AEON Bank has removed the minimum balance requirement, ensuring Shariah-compliant digital banking is more inclusive and accessible for Malaysians.

NIAT TO FULFILL RELIGIOUS OBLIGATIONS : SAH AND SEAMLESS ZAKAT PAYMENT VIA AEON BANK APP Starting from the month of Ramadan this year, Zakat payment feature has been made available on the AEON Bank app. With just a few easy steps, customers can fulfill the contribution for 11 types of Zakat with a sah Aqad, including Zakat Fitrah, Zakat Pendapatan (Income), Zakat Perniagaan (Business), Zakat Emas (Gold) and more.

Made possible through the strategic partnership with Tulus Digital, the Zakat payment feature currently facilitates payments to Lembaga Zakat Selangor and PPZ-MAIWP, with more states and Zakat authority to be added in the near future.

NIAT TO BRING DIGITAL BANKING TO THE MASSES : O2O WONDERS

Beyond the digital screens, throughout four weeks of Ramadan, AEON Bank brought the O2O (online to offline) wonders to the crowd at the Bazaar Ramadan Seksyen 2 and 23, Shah Alam, in partnership with Persatuan Penjaja & Peniaga Kecil Melayu Negeri Selangor (PPPKMNS). On 16 March 2026, from 4.00 pm onwards, come on over to the Bazaar Ramadan Seksyen 23 and stand a chance to win AEON Bank merchandise and surprise goodies.

Better Banking – The Digital Way, Better Banking – The Shariah Way

As a cloud-native AI-powered digital bank, AEON Bank remains dedicated in its commitment to provide accessible financial solutions for Malaysians, while empowering communities to pursue their financial aspirations and achieve economic independence. Striving to foster a more inclusive financial future for all, AEON Bank will continue to offer a better banking experience for the larger demographic and contribute towards the development of Islamic banking in the region and the nation’s digital economy.

Click HERE to visit AEON Bank’s website and download the AEON Bank app. Don’t forget to view AEON Bank’s Ramadan Aidilfitri 2026 video, available on the Bank’s official YouTube channel.

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/18/aeon-bank-champions-community-impact-financial-inclusion-and-rewarding-raya-campaign-anchored-on-niat-di-hati-budi-terpateri/

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Universities – Traffic silently killing Aucklanders – UoA

Source: University of Auckland – UoA

Pollution from cars in Auckland is killing around 700 people a year and hospitalising 4,000 more, with health researchers calling for policy changes.

More than 700 Aucklanders die every year from air pollution from traffic, similar to the number who die from smoking cigarettes, with almost 4,000 more ending up in hospital, according to a new report.

Almost all Aucklanders, 90 percent, are exposed to dangerous levels of air pollution higher than international standards.

Nationally, 2,000 people die per year from traffic pollution.

“Because the particles are so small, they are not easy to see, so we often don’t even think about them being there,” says Dr Jamie Hosking, a public health researcher at Waipapa Taumata Rau, University of Auckland.

“Sometimes, when we’re close to traffic, we can smell the exhaust, and that’s when we really notice it. But even when we can’t smell it, it’s still there, putting our health at great risk.”

Petrol and diesel burn to produce noxious gases, chiefly nitrogen dioxide (NO2), and minute particles of soot, smoke, dust and chemicals (PM2.5).

“Because they’re so small, these particles can get right into our lungs and then cross into the bloodstream. They cause health effects through their impact on the lungs, but also on our cardiovascular system – the heart – and can contribute to strokes,” Hosking says.

A report, Our Air, has just been published on Auckland’s air pollution by Healthy Auckland Together a collective of public health researchers and agencies working in the area. (ref. https://static1.squarespace.com/static/687d6be85b66bd72af52a027/t/69b9b755bab9e5730d58c9b8/1773778792896/Healthy+Auckland+Together+-+Our+Air.pdf )

Hosking and fellow public health researcher at the University of Auckland Professor Alistair Woodward will present the report to Auckland Council’s Transport Committee and call for urgent action on Auckland’s air pollution.

Auckland’s air pollution comes partly from household heating but pollution from traffic is by far the biggest cause of illness.

It is estimated traffic pollution causes 6,100 cases and 424 hospitalisations for childhood asthma every year in Auckland.

People in cheaper housing near motorways and busy roads are at extra risk, so there are equity issues.

“It’s often people on lower incomes who end up being more exposed to this dirty air and then having the health impacts as a result,” Hosking says.

What Auckland Council needs to do

The report outlines solutions. The 20 agencies comprising Healthy Auckland Together would like to see Auckland Council:

  • Invest in affordable, clean and frequent public transport services 
  • Introduce equitable congestion charges 
  • Build and maintain attractive footpaths and pedestrian crossings, and protected cycle lanes
  • Improve air quality monitoring 
  • Provide more parks and street trees 

What central government needs to do
Nationally, the government needs to:

  • Raise vehicle emission standards to ensure cleaner vehicles enter the country
  • Update New Zealand’s air quality standards to reflect the latest health evidence
  • Set transport charges – such as fuel excise, road user charges and registration fees – so they properly reflect the health and social costs caused by vehicle emissions.

Air pollution in Auckland results in a significant number of deaths and serious illnesses with unacceptable healthcare and social costs – urgent action is needed.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/18/universities-traffic-silently-killing-aucklanders-uoa/