Peters Targets Fonterra
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
The Government is investing a further $37.5 million into water security for Northland.
Deputy PM Winston Peters and Regional Economic Development Minister Shane Jones today announced the new funding and the location of a new water storage site.
The new funding follows a Government announcement in April that up to $30 million would be provided through the Provincial Growth Fund for Far North, Mid-North and Kaipara to investigate potential water storage sites in the regions.
A water storage site has now been chosen in Ngawha after months of technical assessment. Construction on the site could begin in September, earlier than the initial aim of this summer.
Both Ministers say they hoped work would begin earlier than initially announced if the project could be fast-tracked through new Resource Management Act provisions developed by Environment Minister David Parker following COVID-19.
“An earlier start to construction would mean more work sooner for contractors and businesses in the region at a time when Northland is suffering through the fallout from the COVID-19 pandemic,” says Peters.
“Bringing the start date forward by months would also mean an earlier finish date, and earlier access to a secure and reliable water supply for a region that has been hit hard by drought.”
Jones says the additional funding of $37.5m from the Provincial Growth Fund (PGF) will be used to accelerate and expand the delivery of the Northland water storage programme as part of the Government’s COVID-19 response.
“We recognise the value of providing more upfront investment to get these projects moving ahead and lift regional productivity significantly in a much shorter time frame,” says Jones.
“It also provides a visible vote of confidence in the Government’s intention to back its regions.”
New Plymouth-based Manuka honey exporter Egmont Honey has completed its acquisition of Taihape beekeeping business Tweeddale's Honey, with settlement finalised on Friday, 18 September.
Westpac NZ is calling on farmers and growers to start preparing now for the possibility of a dry summer, as likely El Niño conditions raise the risk of drought across parts of the country.
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Fonterra has revised its Farmgate Milk Price forecast for the 2026/27 season, lifting the midpoint and narrowing the range on the back of improving global dairy commodity prices.
New Zealand's citrus growers were challenged to build their future on the value embedded in their fruit rather than the volume they produce, at Citrus New Zealand's annual gathering in Gisborne on 17 September.
Leading John Deere technicians and apprentices from New Zealand and Australians were recognised at the recent sixth annual JD Technician of the Year Awards, held in Brisbane.

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