Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


REANNZ Welcomes Hawaiki Cable Project Confirmation


Wellington, New Zealand: 1 April 2016


The Chair of the REANNZ Board, Jim Donovan, today welcomed the official confirmation that the Hawaiki Cable Project is to proceed, with all investment funding, supply and customer contracts now confirmed.

REANNZ (Research & Education Advanced Network New Zealand) operates New Zealand’s high-performance network, supporting the specific needs of educators, students, researchers and scientists. It is a founding customer of the Hawaiki Cable project.

Mr Donovan said, “There have been a number of attempts to establish a second submarine cable, seeking to further improve New Zealand’s connectivity capability and provide much needed new capacity and diversity of supply.”

“We are delighted that this long-held vision for New Zealand is now a reality, with the extensive investment and infrastructure funding required now secured, and supply contracts in force,” he added.

REANNZ has seen an exponential rise in traffic on its network with 84% growth in 2014-15, compared with 25% in public internet traffic over the same time period. International, large-scale science projects, such as the Square Kilometre Array (SKA) are projected to use several times the current global internet traffic in just a few years’ time, and with scientists in New Zealand contributing to these projects, swift, reliable connectivity is essential.

REANNZ CEO Nicole Ferguson said, “The Hawaiki cable project provides REANNZ with the ability to not only meet today’s research and education demand, but to support the needs of the next generation of research, education and innovation. New Zealand researchers and educators require greater access to global content, resources and tools to remain competitive and successful in their respective fields. This makes high-performance international connectivity crucial, to ensure the ongoing success of our members.”

The Hawaiki cable will connect directly to the REANNZ national network, which in turn delivers high-speed access to REANNZ members throughout New Zealand.

REANNZ has secured an agreement that allows its capacity to grow over time, in line with the projected demand of its membership. REANNZ will also continue to do business with Southern Cross maintaining the strong ties developed over the duration of their partnership.


© Scoop Media

Business Headlines | Sci-Tech Headlines


R&NTU: KiwiRail strike notices withdrawn following new offer

Strike notices on KiwiRail have been withdrawn. Rail and Maritime Transport Union General Secretary Wayne Butson says following negotiations between the RMTU and KiwiRail, a new offer from KiwiRail will be taken back to union members for ratification... More>>

Banking: Stress Tests Show Strengthening Bank Resilience

The latest stress tests carried out by the Reserve Bank of New Zealand – Te Pūtea Matua show strengthening resilience in the banking sector and the benefits of continuing to build capital buffers... More>>

Statistics: Building Activity Down In September Quarter
The volume of building activity in New Zealand fell 8.6 percent in the September 2021 quarter, compared with the June 2021 quarter, Stats NZ said today. Residential building activity fell by 6.4 percent in the September 2021 quarter, while non-residential building activity fell 12 percent... More>>

Reserve Bank: Deputy Governor Reflects On Time At RBNZ
Central bankers must continue to look forward to guard against the unpredictable, Deputy Governor Geoff Bascand says in a speech published today. Mr Bascand joined the Reserve Bank of New Zealand – Te Pūtea Matua in 2013 during the aftermath of the Global Financial Crisis... More>>

Xero: Data Reveals ICT Expenditure Key To Small Business Sales Growth
Xero, the global small business platform, today released a new report which shows New Zealand small business ICT expenditure has increased 25 percent compared to pre-pandemic levels - more than the UK (20%) and Australia... More>>

Fonterra: Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance... More>>

Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts

New Zealand’s extinct Haast’s Eagle (Hieraaetus moorei), the largest known eagle, gulped down viscera like a vulture and may even have been bald, new research suggests... More>>