The Minister of Transport has announced the end of the Public Transport Operating model. It is being replaced with a Sustainable Public Transport Framework -
https://www.beehive.govt.nz/release/creating-sustainable-public-transport-all
https://www.nzherald.co.nz/nz/politics/transport-minister-michael-wood-announces-new-rules-let-councils-nationalise-bus-and-ferry-networks/CWQ52M4G2GVT56EOJAX4P3EY3I/
https://www.stuff.co.nz/national/politics/129578216/changes-to-public-transport-policy-intended-to-improve-conditions-reduce-cancellations
We'll provide some analysis when we've read more of the details