Winston Peters calls Fonterra vote result 'utter madness'
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
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.
Westpac NZ has announced new initiatives that aim to give customers more options to do their banking in person.
New Zealand red meat exports experienced a 29% increase year-on-year in September, according to the Meat Industry Association (MIA).
The head of the Ministry for Primary Industries (MPI) biosecurity operation, Stuart Anderson, has defended the cost and the need for a Plant Healht and Environment Laboratory (PHEL) being built in Auckland.
BNZ says its new initiative, helping make the first step to farm ownership or sharemilking a little easier, is being well received by customers and rural professionals.
The head of Fonterra's R&D facility in Palmerston North is set to literally cross the road and become the new vice chancellor at Massey University.
Allan Freeth, chief executive of the Environmental Protection Authority (EPA) has announced he is resigning.

OPINION: The Greens have taken the high moral ground on the Palestine issue and been leading political agitators in related…
One of the most galling aspects of the tariffs whacked on our farm exports to the US is the fact…