In 2002, a PGA Tour of Australasia and U.S.-based Nationwide Tour co-sanctioned event, called the Holden Clearwater Classic  was started at the Clearwater Resort in Christchurch, New Zealand. It was played again in 2003 and in 2004 the event resumed the name New Zealand PGA Championship.
The Holden Clearwater Classic, a jointly sanctioned PGA Tour of Australasia and U.S.-based Nationwide Tour event, began at the Clearwater Resort in Christchurch, New Zealand in 2002. It was played again in 2003 and resumed its name as the New Zealand PGA Championship in 2004.