Dairy drops further

Written By: - Date published: 8:42 am, July 30th, 2014 - 35 comments
Categories: Economy, Environment, farming, national, same old national - Tags:

As expected, Fonterra has dropped the milk solid payout from $7 per kilogram to $6.

The dairy giant announced farm-gate prices sliding to $6 per kilogram of milk solids for the 2014-15 season, after an initial $7 prediction in May.

South Canterbury Federated Farmers dairy chairman Ryan O’Sullivan said the latest announcement was just another illustration of the dairy industry’s volatility.

“The final payout isn’t till this time next year. Twelve months in dairy is a long time,” he said.

O’Sullivan said dairy farming was like any business and there were no guarantees but there was still a fundamental demand for dairy throughout the world.

Hardly unexpected bearing in mind the increased production worldwide and in NZ and the stockpiling that is evident both here and overseas. The NZ Herald has its usual strange headline “Milk cut hits rural folk”. This diminished payout will impact the NZ  economy far wider than just the rural sector, feeding out into the provincial economies and into the cities.

dairy price index

From my view of the market, it is likely that the oversupply in the world traded dairy market will continue to cause the Fonterra payout price to continue to drop over the next years. Certainly the fall shows no signs of diminishing in recent auctions.

As it is, the expected drop in the NZ income will keep reverberating through National’s “rock-star” economy.

The forecast price reduction represents a total drop in payments to farmers of nearly $1.6 billion from Fonterra’s earlier forecast or a cut in farmers’ collective income by roughly $4.3 billion compared with last season’s record pay-out, according to Westpac.

NZ Herald cartoon: Rock star economy – Monday Feb 03, 2014

As the cartoon points out, there is a pile of debt both in the rural sector and throughout the rest of the economy based on the high prices from the the sale of whole milk powder based on sales into China.

NZ Whole milk powder production

As I said earlier in the month.

Despite the blithe words of National and some rather silly bank economists. I’d say that the dairy boom is slowing and possibly over.  Expect steadily falling export prices for a number of years.

In the meantime, under National in its usual short term boom mode, much of the rest of our export tech and manufacturing economy has been stagnating. Once you strip the processing of dairy from our manufacturing sector, what you see is the continued decline of capacity. This feeds into the capacity of other areas like IT exports, which in NZ are often exporting hardware with software.

New Zealand needs a different economic approach for a long term sustainable future that doesn’t rely on strip mining soil and water or other resources.

National is clearly incompetent at heading us towards such an alternate economic future. They have been consistently mismanaging the NZ economy in putting far too much emphasis on resource extraction and the systematic degradation of our ability to earn our own way in the world.

Time to get rid of National’s lack of imagination and long-term planning from the direction of our economy.

35 comments on “Dairy drops further ”

  1. Tiger Mountain 1

    The “milk rush” is ending–time!–last orders!

    The small innovative dairy companies will likely keep on trucking though but as the cartoon indeed illustrates thumping great mortgages and loans will still be there to default on or service as the payout declines.

    All those degraded waterways and running down of timber and sheep, was it worth it?

  2. vto 2

    so we get both toxic rivers and no money?

    so we don’t get either laptops and iphones or rivers to fish and swim in?

    talk about a lose-lose …

    who dreamed this shit up?

  3. minarch 3

    how long do you reckon before the govt decide they need to subsidise those “poor” farmers ?

  4. ianmac 4

    Will this impact on the Government’s claim for balancing the books, or will they leave that for the Labour lead Government later this year?

    • Draco T Bastard 4.1

      I suspect that the incoming government will have a nasty surprise in the PREFU. If it’s a National led government they’ll try to hide the figures as they’ve been doing for the last 6 years and when the figures do come to light they’ll blame Labour. If it’s a Labour led government then their plans will go out the window unless they raise taxes further which will then have National attacking them with the MSM conveniently forgetting that it was National that led us into the crapper.

  5. Tracey 5

    Isn’t the smoke and mirrors with the surplus a part of this argument too? Particularly the unmasking of the rockstar economy as an elvis impersonator?

    Not illegal but bloody misleading

    http://www.stuff.co.nz/national/politics/10311390/Accountant-claims-surplus-result-of-clever-accounting

    • minarch 5.1

      shady accounting is pretty standard for these people and their tax-dodging supporters isnt it ?

      • Tracey 5.1.1

        Yes it is. And the funny thing is that although many people who use shoddy accounting for their own purposes are ok with it, they can feel differently if a Govt is using it to claim something not genuine. I think (maybe it is just hope) that a few fence sitting undecideds would look at black and white stuff like this and say to themselves “lying about a surplus?|We are not doing as well as they say? But i was going to vote for them cos they are doing well with the economy.”

        It’s aline I would like to see in debates, in MSM repeated oft by opposition parties. “the government is using shady accouonting to make it seem like the economy is doing well. There is NO suprplus. We are very much in debt .

  6. infused 6

    So it’s dropping back to normal levels now and you are complaining? Typical.

    It was pointed out 3yrs ago this was coming. If farmers took on more debt, then that’s their problem.

    Just like all other markets, this one was in need of a correction.

    • Ennui 6.1

      Cant complain that you are incorrect, it has been as they say a “boom”. I would go further and agree with you that it was also a predictable “bubble” from an investment viewpoint. Those in early enough to reap the rewards of high prices and to repay debt will be reasonably happy, the later money was always going to be marginal and highly risky.

      It will be interesting to watch the farms for sale notices and the company bankruptcies over the next year, I suspect a lot of them will correlate closely with conversions of land that is marginal for dairy.

    • Tracey 6.2

      unfortunately it is the biggest contributor to the imaginary rockstar economy. It’s all this govt has, apart from the results of an earthquake down south

    • disturbed 6.3

      Infused

      Where’s the new rock star economy then?
      three years ago they weren’t saying we have a rock star economy remember?

      They were warning us all to expect cuts to everything from home insulation to roading projects and rail closures to name a few!!

      So can you assure us that due to your predicted “correction” are your National mates going to honestly warn us tight times are coming again, and cuts in road projects like holiday highways and other services will be cut to citizens before the election?

      • infused 6.3.1

        Google is there. Use it.

      • dave 6.3.2

        a lot of us on here for some time have been saying 1984 all over again .
        except in 1984 we had assets and it was government debt that was the problem this time its the whole society

  7. Bob 7

    LPrent, the dairy price is still close to historical highs (as shown by your own graph) and still above the average price for the past 5 years!
    Also “Fonterra’s milk collection across New Zealand last season reached 1584 million kg MS, an 8.3 per cent lift on the previous season” Fonterra’s chairman John Wilson said http://www.stuff.co.nz/business/farming/dairy/10325510/Farm-income-drop-will-also-hit-community that means instead of earning the forecast $10.24Bn based on last years milk production, they will instead turn over $9.50Bn during a year where there has been a huge increase in supply globally http://www.nbr.co.nz/article/fonterra-slashes-2015-milk-payout-forecast-6kgms-kiwi-dollar-falls-bd-159971.
    What are the laws around supply and demand again?

    • Bob 7.1

      Here is a 10 year graph of global dairy prices for those wanting to look at a more acurate picture than the 11 month graph provided http://www.globaldairytrade.info/en/product-results/

      • Tiger Mountain 7.1.1

        drumroll…
        some of us say dairying now at around 7 million cows passed sustainable levels way back whatever global markets might be up to

        • Draco T Bastard 7.1.1.1

          +1

          Our economy needs to be sustainable for it to be economic and it isn’t – especially the dairy herd.

    • Draco T Bastard 7.2

      What are the laws around supply and demand again?

      There aren’t any.

      • Bob 7.2.1

        Great link, thanks Draco.
        The point remains, even if the laws are broken the link between supply and demand remains (just not at a linear correlation as the law states). Supply is up globally at the moment so the price has fallen, not the end of the world (or the dairy industry), just a temporary blip which has been happening every 3 years or so for the past decade.

  8. rich the other 8

    This was always going to happen , the Chinese seem to be applying the same tactics to dairying as they have to mining , build up dependency and the pull the rug out .

    In Ausse it’s coal and iron ore , internationally coal consumption is going through the roof because of the price .

    Debt levels may be high in farming but one dairy farm on average is worth about 10 houses in Auckland , who’s got the biggest problem ??
    At least farming is here to stay , once IT is developed (with the help of the NZ tax payer ) and proves it’s worth it moves off shore , Lanzatec being the latest example .

    Don’t be misled , $6 is still very good money for many , that’s some where around $2200 from each cow .

    • Richard@Down South 8.1

      Actually I’d say they were just acting as a customer… buying what they need for however long they need to, until they can do it themselves…

  9. Ennui 9

    New Zealand needs a different economic approach for a long term sustainable future that doesn’t rely on strip mining soil and water or other resources. National…. putting far too much emphasis on resource extraction and the systematic degradation of our ability to earn our own way in the world. Time to get rid of National’s lack of imagination and long-term planning from the direction of our economy.

    Well said, I have long been of the opinion that these islands soils if managed properly would provide us the basis of a wealthy primary economy. For example we could easily be growing and cropping high value native timber on land we have given over to cows and radiata. The problem was that we have no commitment past tomorrow, we want the fast return.

    The second part of the economic issue we have with resource extraction is that we have never concentrated upon adding value to the extracted substances…just look at the logs going offshore. And that issue compounds because there are so few support industries to leverage the value added industries. Without the support industries we are highly unlikely to be able to develop export industries that are “independent” of our primary industries, no man (or industry) is an island.

    • Draco T Bastard 9.1

      The problem was that we have no commitment past tomorrow, we want the fast return.

      It’s the fast return that’s the problem. 20 years or less for Radiata Pine, 400+ for natives. The former is unsustainable while the latter is.

      And that issue compounds because there are so few support industries to leverage the value added industries.

      And building up those support industries is why we had protections in place.

      • disturbed 9.1.1

        Boom & bust economy we have and will continue to have.

        Not a promised National party “sustained economy”.

        It was all bull—– Time to walk the plank National.

  10. Ad 10

    +1000 Lyn well said, especially that last paragraph.

    • Saarbo 10.1

      +1

      Meanwhile the bank economists carry on about the growing demand for protein in Asia. What happened to it?

      • disturbed 10.1.1

        Saabo,

        You are a bright individual asking all the right questions.

        What happened to the boom?

        “growing demand for protein in Asia. What happened to it?
        Answer,

        They bought up big time as they began building up their own dairy industry as well, as other continents are also doing…..

        EU & Americas particularly as I have a son in Germany and many farms are springing up there too.
        Our golden dairy age is over like the kiwifruit industry so as soon as we have some world leadership the rest catch on and follow and this drowns the world in cheap dairy and other stuff we used to have the edge on ——

        National– Where again is the rock star economy?

        Will you warn us before the election that its all over now so we can vote accordingly?

        Why are you John Key living in Hawaii so much lately? this may be the sign the dam is about to break.

  11. bad12 11

    Yep, at $6 a kilo for milk solids 20% of the dairy farms,(those with large debt loadings), will according to the Farmers Fed will declare a loss for the financial year,

    The ramifications for the industry if this becomes the norm, i would have picked 5 years out from now for this to be occurring, are dire as Boom for many will simply turn to Bust,

    Should a multi-year payout to the dairy farmers occur at minus $6 then the obvious is that 20% will become effectively insolvent, the receivers will have a field day,

    Its easy to see why two of the major Chinese bankers have recently moved to set up here in New Zealand, after all it is their monies which are at risk here and i am sure that they will personally want to manage the risk as the less than viable units in this new reality are ‘rationalized’,(into what is where the question is begged),

    For the Governments books the persistent RED ink dribbling from beneath the door of Finance Minister English’s office will turn into a flood, the previously announced ‘surplus’, a sleight of hand best described as a ruse dreamed up by a card trickster, take a bow Slippery the Prime Minister, where a surplus is declared alongside the whispered declaration that Government borrowing will ‘peak’ in years following this supposed surplus, will now only be possible if gained via the use of monies sneakily transferred from the sale of the States Assets to the Governments operating accounts,

    You could say that the ‘rockstar economy’ is now about to go through a period of addiction treatment as the supply of its favorite drug is curtailed, if the price of dairy continues to fall, this is going to get very painful with a capital P…

    • Richard@Down South 11.1

      If you have a few 100 million spare, buying farms from farmers who are trying to reduce debt would be a good investment, so perhaps they are just waiting for a bargain

  12. aerobubble 12

    Farm debt will become a growing problem as returns from dairy fall. Couple this with the obvious problem that ChCh rebuild was partly funded by the EQC which now is wipe out. We saved for an Earthquake and it happened, we now need to start saving again!!! Not a pretty picture. Milk going the way of coal.

Links to post

Recent Comments

Recent Posts

  • EV road user charges bill passes
    Transport Minister Simeon Brown has welcomed the passing of legislation to move light electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) into the road user charges system from 1 April.  “It was always intended that EVs and PHEVs would be exempt from road user charges until they reached two ...
    BeehiveBy beehive.govt.nz
    16 hours ago
  • Bill targets illegal, unregulated fishing in international waters
    New Zealand is strengthening its ability to combat illegal fishing outside its domestic waters and beef up regulation for its own commercial fishers in international waters through a Bill which had its first reading in Parliament today. The Fisheries (International Fishing and Other Matters) Amendment Bill 2023 sets out stronger ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • Reserve Bank appointments
    Economists Carl Hansen and Professor Prasanna Gai have been appointed to the Reserve Bank Monetary Policy Committee, Finance Minister Nicola Willis announced today. The Monetary Policy Committee (MPC) is the independent decision-making body that sets the Official Cash Rate which determines interest rates.  Carl Hansen, the executive director of Capital ...
    BeehiveBy beehive.govt.nz
    18 hours ago
  • Stronger protections for apartment owners
    Apartment owners and buyers will soon have greater protections as further changes to the law on unit titles come into effect, Housing Minister Chris Bishop says. “The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Act had already introduced some changes in December 2022 and May 2023, and ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Travel focused on traditional partners and Middle East
    Foreign Minister Winston Peters will travel to Egypt and Europe from this weekend.    “This travel will focus on a range of New Zealand’s traditional diplomatic and security partnerships while enabling broad engagement on the urgent situation in Gaza,” Mr Peters says.   Mr Peters will attend the NATO Foreign ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Keep safe on our roads this Easter
    Transport Minister Simeon Brown is encouraging all road users to stay safe, plan their journeys ahead of time, and be patient with other drivers while travelling around this Easter long weekend. “Road safety is a responsibility we all share, and with increased traffic on our roads expected this Easter we ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Cost of living support for over 1.4 million Kiwis
    About 1.4 million New Zealanders will receive cost of living relief through increased government assistance from April 1 909,000 pensioners get a boost to Superannuation, including 5000 veterans 371,000 working-age beneficiaries will get higher payments 45,000 students will see an increase in their allowance Over a quarter of New Zealanders ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Tenancy reviews for social housing restart
    Ensuring social housing is being provided to those with the greatest needs is front of mind as the Government restarts social housing tenancy reviews, Associate Housing Minister Tama Potaka says. “Our relentless focus on building a strong economy is to ensure we can deliver better public services such as social ...
    BeehiveBy beehive.govt.nz
    23 hours ago
  • Kermadec Ocean Sanctuary plan halted
    The Kermadec Ocean Sanctuary will not go ahead, with Cabinet deciding to stop work on the proposed reserve and remove the Bill that would have established it from Parliament’s order paper. “The Kermadec Ocean Sanctuary Bill would have created a 620,000 sq km economic no-go zone,” Oceans and Fisheries Minister ...
    BeehiveBy beehive.govt.nz
    24 hours ago
  • Cutting all that dam red tape
    Dam safety regulations are being amended so that smaller dams won’t be subject to excessive compliance costs, Minister for Building and Construction Chris Penk says. “The coalition Government is focused on reducing costs and removing unnecessary red tape so we can get the economy back on track.  “Dam safety regulations ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Drought support extended to parts of North Island
    The coalition Government is expanding the medium-scale adverse event classification to parts of the North Island as dry weather conditions persist, Agriculture Minister Todd McClay announced today. “I have made the decision to expand the medium-scale adverse event classification already in place for parts of the South Island to also cover the ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Passage of major tax bill welcomed
    The passing of legislation giving effect to coalition Government tax commitments has been welcomed by Finance Minister Nicola Willis.  “The Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill will help place New Zealand on a more secure economic footing, improve outcomes for New Zealanders, and make our tax system ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Lifting economy through science, tertiary sectors
    Science, Innovation and Technology Minister Judith Collins and Tertiary Education and Skills Minister Penny Simmonds today announced plans to transform our science and university sectors to boost the economy. Two advisory groups, chaired by Professor Sir Peter Gluckman, will advise the Government on how these sectors can play a greater ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government announces Budget priorities
    The Budget will deliver urgently-needed tax relief to hard-working New Zealanders while putting the government’s finances back on a sustainable track, Finance Minister Nicola Willis says.  The Finance Minister made the comments at the release of the Budget Policy Statement setting out the Government’s Budget objectives. “The coalition Government intends ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government to consider accommodation solution
    The coalition Government will look at options to address a zoning issue that limits how much financial support Queenstown residents can get for accommodation. Cabinet has agreed on a response to the Petitions Committee, which had recommended the geographic information MSD uses to determine how much accommodation supplement can be ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government approves extension to Royal Commission of Inquiry into Abuse in Care
    Cabinet has agreed to a short extension to the final reporting timeframe for the Royal Commission into Abuse in Care from 28 March 2024 to 26 June 2024, Internal Affairs Minister Brooke van Velden says.                                         “The Royal Commission wrote to me on 16 February 2024, requesting that I consider an ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • $18m boost for Kiwis travelling to health treatment
    The coalition Government is delivering an $18 million boost to New Zealanders needing to travel for specialist health treatment, Health Minister Dr Shane Reti says.   “These changes are long overdue – the National Travel Assistance (NTA) scheme saw its last increase to mileage and accommodation rates way back in 2009.  ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • PM’s Prizes for Space to showcase sector’s talent
    The Government is recognising the innovative and rising talent in New Zealand’s growing space sector, with the Prime Minister and Space Minister Judith Collins announcing the new Prime Minister’s Prizes for Space today. “New Zealand has a growing reputation as a high-value partner for space missions and research. I am ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Concerns conveyed to China over cyber activity
    Foreign Minister Winston Peters has confirmed New Zealand’s concerns about cyber activity have been conveyed directly to the Chinese Government.     “The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government, targeting democratic institutions in both New ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Independent Reviewers appointed for School Property Inquiry
    Independent Reviewers appointed for School Property Inquiry Education Minister Erica Stanford today announced the appointment of three independent reviewers to lead the Ministerial Inquiry into the Ministry of Education’s School Property Function.  The Inquiry will be led by former Minister of Foreign Affairs Murray McCully. “There is a clear need ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Brynderwyns open for Easter
    State Highway 1 across the Brynderwyns will be open for Easter weekend, with work currently underway to ensure the resilience of this critical route being paused for Easter Weekend to allow holiday makers to travel north, Transport Minister Simeon Brown says. “Today I visited the Brynderwyn Hills construction site, where ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the Infrastructure Funding & Financing Conference
    Introduction Good morning to you all, and thanks for having me bright and early today. I am absolutely delighted to be the Minister for Infrastructure alongside the Minister of Housing and Resource Management Reform. I know the Prime Minister sees the three roles as closely connected and he wants me ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Parliamentary network breached by the PRC
    New Zealand stands with the United Kingdom in its condemnation of People’s Republic of China (PRC) state-backed malicious cyber activity impacting its Electoral Commission and targeting Members of the UK Parliament. “The use of cyber-enabled espionage operations to interfere with democratic institutions and processes anywhere is unacceptable,” Minister Responsible for ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ to provide support for Solomon Islands election
    Foreign Minister Winston Peters and Defence Minister Judith Collins today announced New Zealand will provide logistics support for the upcoming Solomon Islands election. “We’re sending a team of New Zealand Defence Force personnel and two NH90 helicopters to provide logistics support for the election on 17 April, at the request ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • NZ-EU FTA gains Royal Assent for 1 May entry to force
    The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand’s ratification of its free trade agreement with the European Union.    “I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • COVID-19 inquiry attracts 11,000 submissions
    Public consultation on the terms of reference for the Royal Commission into COVID-19 Lessons has concluded, Internal Affairs Minister Hon Brooke van Velden says.  “I have been advised that there were over 11,000 submissions made through the Royal Commission’s online consultation portal.” Expanding the scope of the Royal Commission of ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Families to receive up to $75 a week help with ECE fees
    Hardworking families are set to benefit from a new credit to help them meet their early childcare education (ECE) costs, Finance Minister Nicola Willis says. From 1 July, parents and caregivers of young children will be supported to manage the rising cost of living with a partial reimbursement of their ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Unlocking a sustainable, low-emissions future
    A specialised Independent Technical Advisory Group (ITAG) tasked with preparing and publishing independent non-binding advice on the design of a "green" (sustainable finance) taxonomy rulebook is being established, Climate Change Minister Simon Watts says.  “Comprising experts and market participants, the ITAG's primary goal is to deliver comprehensive recommendations to the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Chief of Army thanked for his service
    Defence Minister Judith Collins has thanked the Chief of Army, Major General John Boswell, DSD, for his service as he leaves the Army after 40 years. “I would like to thank Major General Boswell for his contribution to the Army and the wider New Zealand Defence Force, undertaking many different ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Minister to meet Australian counterparts and Manufacturing Industry Leaders
    25 March 2024 Minister to meet Australian counterparts and Manufacturing Industry Leaders Small Business, Manufacturing, Commerce and Consumer Affairs Minister Andrew Bayly will travel to Australia for a series of bi-lateral meetings and manufacturing visits. During the visit, Minister Bayly will meet with his Australian counterparts, Senator Tim Ayres, Ed ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government commits nearly $3 million for period products in schools
    Government commits almost $3 million for period products in schools The Coalition Government has committed $2.9 million to ensure intermediate and secondary schools continue providing period products to those who need them, Minister of Education Erica Stanford announced today. “This is an issue of dignity and ensuring young women don’t ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Speech – Making it easier to build.
    Good morning, it’s great to be here.   First, I would like to acknowledge the New Zealand Institute of Building Surveyors and thank you for the opportunity to be here this morning.  I would like to use this opportunity to outline the Government’s ambitious plan and what we hope to ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Pacific youth to shine from boost to Polyfest
    Minister for Pacific Peoples Dr Shane Reti has announced the Government’s commitment to the Auckland Secondary Schools Māori and Pacific Islands Cultural Festival, more commonly known as Polyfest. “The Ministry for Pacific Peoples is a longtime supporter of Polyfest and, as it celebrates 49 years in 2024, I’m proud to ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • 2024 Ngarimu VC and 28th (Māori) Battalion Memorial Scholarships announced
    ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Speech to Breast Cancer Foundation – Insights Conference
    Before moving onto the substance of today’s address, I want to recognise the very significant and ongoing contribution the Breast Cancer Foundation makes to support the lives of New Zealand women and their families living with breast cancer. I very much enjoy working with you. I also want to recognise ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Kiwi research soars to International Space Station
    New Zealand has notched up a first with the launch of University of Canterbury research to the International Space Station, Science, Innovation and Technology and Space Minister Judith Collins says. The hardware, developed by Dr Sarah Kessans, is designed to operate autonomously in orbit, allowing scientists on Earth to study ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Speech to the New Zealand Planning Institute
    Introduction Thank you for inviting me to speak with you today and I’m sorry I can’t be there in person. Yesterday I started in Wellington for Breakfast TV, spoke to a property conference in Auckland, and finished the day speaking to local government in Christchurch, so it would have been ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Support for Northland emergency response centre
    The Coalition Government is contributing more than $1 million to support the establishment of an emergency multi-agency coordination centre in Northland. Emergency Management and Recovery Minister Mark Mitchell announced the contribution today during a visit of the Whangārei site where the facility will be constructed.  “Northland has faced a number ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Celebrating 20 years of Whakaata Māori
    New Zealanders have enjoyed a broader range of voices telling the story of Aotearoa thanks to the creation of Whakaata Māori 20 years ago, says Māori Development Minister Tama Potaka. The minister spoke at a celebration marking the national indigenous media organisation’s 20th anniversary at their studio in Auckland on ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Some commercial fishery catch limits increased
    Commercial catch limits for some fisheries have been increased following a review showing stocks are healthy and abundant, Ocean and Fisheries Minister Shane Jones says. The changes, along with some other catch limit changes and management settings, begin coming into effect from 1 April 2024. "Regular biannual reviews of fish ...
    BeehiveBy beehive.govt.nz
    7 days ago

Page generated in The Standard by Wordpress at 2024-03-28T20:14:56+00:00