The release of The New Zealand Curriculum (2007) will inevitably yield challenges and possibilities for teachers of Physical Education in both primary and secondary schools. In this paper I describe the vision and key competencies embedded in this new curriculum and discuss their relationship to Physical Education. Drawing on the voices of secondary school students, I interrogate the opportunities that students envisage for developing key competencies in Physical Education. I propose that students can, and do, afford significant insight into how teachers may enact key competencies in curriculum learning and that it is critical thinking that will enable both students and teachers to understand and relate to the movement culture in meaningful and relevant ways.