The Government's announced a $1.2 billion gas transition loan scheme – a big bet on keeping some of New Zealand’s most gas hungry businesses afloat. 

Finance Minister Nicola Willis says the government will guarantee 80% of each loan, with about $48 million set aside to cover potential losses. 
 
It’s being framed as a lifeline: help gas‑heavy manufacturers and processors stay open, protect jobs, and ease pressure on a shrinking and increasingly expensive fuel. 

But behind the headlines, big questions remain.

Who really benefits, who foots the bill, and will any of this cost creep its way into your power bill or tax bill? 

Today on The Front Page, journalist and publisher of The Kākā, Bernard Hickey is with us to unpack whether this scheme is an economic rescue mission, a political pivot, or something more complicated.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee

The Government's&nbsp;announced a&nbsp;$1.2 billion&nbsp;gas transition loan&nbsp;scheme &ndash; a big bet on keeping some of New Zealand&rsquo;s most gas hungry businesses afloat.&nbsp;
Finance Minister Nicola Willis says the government will guarantee 80% of each loan, with about $48 million set aside to cover potential losses.&nbsp; &nbsp; It&rsquo;s being framed as a lifeline: help&nbsp;gas‑heavy&nbsp;manufacturers and processors stay open, protect jobs, and ease pressure on a shrinking and increasingly expensive fuel.&nbsp;
But behind the headlines, big questions remain.
Who really benefits, who foots the bill, and will any of this cost creep its way into your power bill or tax bill?&nbsp;
Today on The Front Page, journalist and publisher of The Kākā, Bernard Hickey is with us to unpack whether this scheme is an economic rescue mission, a political pivot, or something more complicated.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Editor/Producer: Richard Martin Producer: Jane Yee

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

How the $1.2b gas loan gamble could reshape big industry’s energy use

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/62728916-6dbb-4ed5-9cb0-b456003addb2/transcript