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Wednesday, 09 May 2018 08:49

Dairy review terms of reference released

An inclusive and comprehensive review of dairy industry legislation will help our biggest export sector get in shape for the future, says Minister of Agriculture Damien O’Connor.

The Government has released the terms of reference for a review of the 17-year-old Dairy Industry Restructuring Act 2001 (DIRA), which regulates Fonterra to protect the long-term interests of farmers, consumers and the wider economy.

“The Ministry for Primary Industries will consult widely throughout the review, including surveys and formal consultation later in the year and I encourage you all to get involved and have your say,” says Damien O’Connor.

“The review will allow us to take a strategic view of issues facing the dairy industry.

“In particular it will look at open entry and exit for farmers, the raw milk price setting process, contestability for milk, the risks and costs for the sector, and the incentives or disincentives for dairy to move to sustainable, higher-value production and processing.

“The whole dairy sector needs to look ahead to see what trends and potential disruptions are coming our way and get ahead of consumer trends.

“Only through a frank appraisal of the issues will we come to the right conclusions.

“In December last year I announced this Government would review DIRA as a matter of priority, in February we rolled it over to stop certain parts expiring, and today I release the terms of reference setting out the objectives, approach and timing of the review.

“The dairy industry will be fully consulted throughout the review so that any issues can be given full consideration before any changes happen.

“I look forward to receiving feedback from farmers, dairy processors, consumers and the wider public in the upcoming consultation process.

“A high-performing, innovative and sustainable dairy sector is vital to New Zealand’s economic wellbeing,” says Damien O’Connor.

Find the terms of reference here www.mpi.govt.nz/DIRA-review

A beehive release  ||  may 09, 2018   |||

 

 

 

 

Published in POLITICAL
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Wednesday, 09 May 2018 08:29

Bank profits race ahead of rest of NZ's earnings

The country's four big Australian-owned banks have made handsome half year profits, raking in a combined $2.5 billion saysSusan Edmunds on Stuff's BusinessToday

Published in FINANCIAL
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Wednesday, 09 May 2018 07:39

New engineering hub proposed for Dunedin

Dunedin cenntral city showing the Octagon

Jobs, huge cash boost from proposed city hub. A new engineering hub proposed for Dunedin is part of apush by New Zealand manufacturers to secure a lucrative slice of Australia's $A200 billion ($NZ214 billion) defence upgrade.  Success could help deliver hundreds of new jobs, and tens of millions of dollars, to Dunedin, it has been suggested.  The hub concept was being developed by Farra Engineering chief executive Gareth Evans,backed by the Dunedin Engineering Cluster and the Dunedin City Council.

Published in ENGINEERING
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Tuesday, 08 May 2018 15:37

Refugee embraces New Zealand as home

Refugee embraces New Zealand as home

Arriving in New Zealand as a non-English-speaking refugee, Asaad Abou Aresh has enthusiastically made the most of the opportunities offered to him over the last three years.

Published in EDUCATION
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Tuesday, 08 May 2018 15:34

Tait Communications seeking outside capital, amending structure to enable investment

Garry Diack, Tait Communications’ Chief Executive, says “After three-plus years of targeted technology development, Tait Communications is breaking new ground in the fast-evolving digital space for mission critical communications.

Published in BUSINESS
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Tuesday, 08 May 2018 11:23

Air New Zealand announces additional jet services between Dunedin and Auckland

Air New Zealand will operate five additional return A320 services between Dunedin and Auckland per week from October, adding around 70,000 seats annually to the route and upping seat capacity by close to 25 percent. The new flights are timed to help Dunedin business travellers get more out of their day in Auckland, as well as enable connections via Auckland to Air New Zealand’s international destinations including Brisbane, Melbourne, Sydney, Perth and Nadi. Air New Zealand Chief Revenue Officer Cam Wallace is in Dunedin to speak at the TRENZ travel showcase and says the additional services will provide even more options for travellers. “We are committed to growing services between Dunedin and Auckland and working closely with Dunedin Airport. Dunedin is a really important part of Air New Zealand’s network, so it’s tremendous to see continued strong demand for services to and from the city,” says Mr Wallace. Dunedin Airport Chief Executive Officer Richard Roberts says the new services reflect the partnership between the two organisations. “Our business is built on strong relationships and we are particularly proud of our relationship with Air New Zealand. Over the past few years we have worked together to increase capacity in and out of our region. This latest announcement is testament to this – better together,” says Mr Roberts. A Air New Zealand release  ||  mMy 08, 2018   |||

Published in TRAVEL
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Tuesday, 08 May 2018 11:16

Advisory: BusinessNZ appearance at select committee - Employment Bill

Chief Executive Kirk Hope and Employment Manager Paul Mackay will present BusinessNZ's oral submission on the Employment Relations Amendment Bill:- Education and Workforce select committee, Select Committee Meeting Room 1, Bowen House - 10.00 - 10.30 am Wed 9 May

Published in BUSINESS
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Tuesday, 08 May 2018 08:54

Secretary quietly copied bosses’ investments, secretly amassing a fortune of her own

NEW YORK — Even by the standards of New York City philanthropy, a recent $6.24 million donation to the Henry Street Settlement on the Lower East Side was a whopper — the largest single gift from an individual to the social service group in its 125-year history. It was not donated by some billionaire …

Published in WORLD
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Tuesday, 08 May 2018 08:45

Beingmate joint venture needs new leader

This month Beingmate Baby & Child Food Co reported a net loss of $230 million for 2017, bigger than expected. Fonterra owns 18.8% of the company, …

Published in TRADE
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Tuesday, 08 May 2018 08:03

Kiwi AS? The rules for claiming Made in New Zealand

Made in New Zealand. Four words that attract a premium price. But who says what’s Kiwi made and what’s not?

Published in MANUFACTURING
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Page 137 of 199

Palace of the Alhambra Spain

Palace of the Alhambra, Spain

By: Charles Nathaniel Worsley (1862-1923)

From the collection of Sir Heaton Rhodes

Oil on canvas - 118cm x 162cm

Valued $12,000 - $18,000

Offers invited over $9,000

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

 

Mount Egmont with Lake

Mount Egmont with Lake 

By: John Philemon Backhouse (1845-1908)

Oil on Sea Shell - 13cm x 14cm

Valued $2,000-$3,000

Offers invited over $1,500

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

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