Peters Targets Fonterra
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
The Provincial Growth Fund is investing nearly $30 million towards projects in Northland.
Deputy Prime Minister Winston Peters and Regional Economic Development Minister Shane Jones made the announcement this morning in Whangarei.
“These 11 projects will bring around 480 construction and long-term jobs to the region. A number of these jobs will begin immediately as construction starts and over the long term will lead to full-time permanent roles,” said Peters.
The projects announced today are a mix of loans and grants.
Rohe Produce Limited is receiving the largest investment, with a loan of $14 million towards a $70 million project that will see an 8.9ha high-tech glasshouse built at Marsden Point to grow organic specialty tomatoes.
“This glasshouse will be the first of its kind in New Zealand with the use of 100 per cent LED to increase tomatoes yields by 50% per square metre,” said Jones.
“Around 200 construction jobs will be created over a 12-18 month glasshouse build, with 110 permanent jobs once operational year round. This is huge for this region.”
Overall, the projects aim to create over 470 jobs.
“The initiatives funded through the Provincial Growth Fund today will provide immediate jobs and security for locals and over the long term have the ability to open up more economic growth opportunities in Northland and lift the prosperity and wellbeing of its local communities for decades to come,” said Jones
Major projects within the $30m funding
• $14m loan for Rohe Produce Limited towards an 8.9 ha glasshouse complex.
• $11m loan towards transforming Moana New Zealand’s oyster farming operations.
• $2.2m to improving 26.7 ha of banks and waterways near Kaikohe.
• $2m to Northland Regional Council to product a kauri-based walking tourism venture.
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
The first major update to the Dairy Cattle Code of Welfare in more than a decade has been released, marking what DairyNZ describes as an important step in ensuring animal welfare standards continue to evolve alongside scientific evidence and on-farm realities.

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