No, the 4W/200W PTP maximum power hasn't changed as far as I'm aware.
http://www.rsm.govt.nz/licensing/frl/information.html still shows 4W and 200W max on 5.8Ghz. 5.4Ghz not on that page yet it seems.
The whole point of opening 5.4Ghz is for lower power short range
communications, in crowded metro centres where currently there is a lot
of contention for 2.4Ghz and 5.8Ghz spectrum. More mini POPs, covering
shorter distances. This is not going to help in the instances of
needing to cover 6-10KM and further ranges, for which 5.8Ghz/2.4Ghz is
still much more suited.
Cheers,
Blair