Author: Press Room
Fonterra chief executive Miles Hurrell has defended the soaring cost of butter in New Zealand, saying the revenue generated from rising global prices represented a “good news story” for the national economy. Speaking after a meeting with the Finance Minister in Wellington on Tuesday, Hurrell said butter prices, which had surged by over 60% in the past two years, were driven largely by demand from overseas markets such as China.”Roughly 80% of the price of that is determined by that international market,” he said, adding the remaining cost included margins for retailers, processors, and distributors, plus GST.Hurrell ruled out a…
ADVERTISEMENT French President Emmanuel Macron has announced that France will recognise Palestine as a state amid growing global anger over people starving in the Gaza Strip due to restrictions on aid imposed by Israel. In a statement posted on X, Macron said that the decision will be formalised at the UN General Assembly in September. ″Given its historic commitment to a just and sustainable peace in the Middle East, I have decided that France will recognise the state of Palestine,” Macron posted. ″Peace is possible.” “The urgent thing today is that the war in Gaza stops and the civil population…
Police are trying to identify a man after reports of “concerning behaviour” outside an Auckland school. The alleged “concerning behaviour” took place on Frost Rd in Mt Roskill at around 9.10am on Thursday, May 22. The man sought was in a hat and blue jacket, walking along the street. “If this is you, or you know who this man is, please update us online now or call 105,” a police spokesperson said. Police also wanted to speak to anyone present at the school around the time of the incident who “may have seen anything out of the ordinary”.
A Northland pair have been arrested and charged with driving and drug related offences after a vehicle failed to stop for police yesterday.The vehicle, which police said was fitted with false plates, has also been impounded.Police said it observed the black Holden Commodore “being driven at excessive speed” on State Highway 1 near Horeke at about 3.30pm. The driver allegedly overtook vehicles on the highway and nearby roads after it ignored a request to stop by police and “took off at speed”.Sergeant Josh Clauson said a concerned member of the public flagged down a patrol vehicle and told police the…
Hulk Hogan, a moustachioed, headscarf-wearing icon in professional wrestling who turned the sport into a massive business and cultural touchstone, died Friday at 71, Florida police said.Hogan was pronounced dead at a hospital after authorities in Clearwater responded to a morning call about a cardiac arrest, police said.”There were no signs of foul play or suspicious activity,” Major Nate Burnside told reporters.Hogan, whose real name was Terry Bollea, was perhaps the biggest star in WWE’s long history. He was the main draw for the first WrestleMania in 1985 and was a fixture for years, facing everyone from Andre The Giant…
Two marae along a dangerous stretch of State Highway 1 are calling for the return of the 80km/h speed limit after a crash that killed a motorcyclist on Tuesday.Wehi Wehi Marae and Tūkorehe Marae both sit on SH1 south of Levin, between Ōhau and Manakau.Emergency services were called to a fatal two-vehicle crash near Manakau on Tuesday.The road was closed for nearly four hours with Tūkorehe Marae opening its doors and providing water to waiting drivers.Changes to the speed limit on the stretch of highway came into effect on July 1, 2025, increasing from 80km/h to 100km/h.Alicia Miratana, a descendent…
Butter buyers flinching at $8.60 for a 500g block are unlikely to see this dropping any time soon as Fonterra glimpses more international demand ahead and dismisses talk of discounts or a two-tier system. The high cost of butter on supermarket shelves in a nation with 5million cows has perplexed shoppers struggling to afford the dairy product. The price of butter is about 60% higher than a few years ago. Finance Minister Nicola Willis quizzed Fonterra chief executive Miles Hurrell about high prices at a meeting on Tuesday. Yesterday in Christchurch, Mr Hurrell opened up on where the dairy giant…
Nanogirl Labs Ltd owes Inland Revenue more than $260,000 and is unlikely to be able to pay any of its unsecured creditors, its liquidators say.The company — founded by Michelle Dickinson and her husband Joe Davis — was placed into liquidation last November.Dickinson told RNZ at the time that a tough business environment was behind the decision.Government funding had also been cut.It had provided science live shows, education and STEM kits to children for eight years.Dickinson told RNZ last November that revenue sources had “dried up”.The biggest set back was the cut to MBIE’s $1.6 million Curious Minds funding, which…
Published on 24/07/2025 – 18:28 GMT+2 ADVERTISEMENT The former leader of the UK Labour Party Jeremy Corbyn said on Thursday that he is forming a new left-leaning political party to advocate for “mass redistribution of wealth and power” and take on his former colleagues at the ballot box. The new political entity has a website — yourparty.uk — but does not yet have a name. “It’s your party,” Corbyn said. “We’re going to decide (a name) when we’ve had all the responses, and so far the response rate has been massive.” Corbyn said he hoped the new party would have its…
More Dunedin businesses have slammed consultation on a central city cycleway, one describing the process as “a shambles”. Eureka Cafe and Bar owner Sharleen Smith also said explanations offered by the Dunedin City Council for why some Albany St businesses were not initially consulted about the Albany St Connection project included that paperwork “must have blown away in the wind” or was thrown in the rubbish. The project aims to provide a safe walking and cycling connection between the shared Te Aka Ōtākou harbour path, Dunedin’s tertiary area and the CBD. The council says it planned to contact the business…