Government backs $1.2b loan scheme to shift firms off gas
The Government will guarantee up to $1.2 billion of bank lending to help businesses reduce their reliance on natural gas, as it looks to preserve dwindling domestic supply for users with fewer alternatives.

Finance Minister Nicola Willis, Energy Minister Simeon Brown and Associate Energy Minister Shane Jones said the [Gas Transition Loan Guarantee Scheme](https://businessdesk.co.nz/article/budget-2026/gas-users-b … ⌘ Read more