Former Fonterra Director Urges Bipartisan Support for India Free Trade Agreement
A former Fonterra director with farming interests in India says he's surprised with the political posturing over the Indian free trade agreement.
The Waikato Regional Council says it hopes the forecast rain this week will ease pressure on low flows in the Waikato River.
"Besides being good news for farmers and others in need of rain, the wet conditions this week will hopefully be the start to a significant easing of low flow pressures," says the council's resource use group manager Chris McLay.
Councils, power companies, major water users, iwi, and health and civil defence officials have met to share information on their planning for lower flows in the Waikato River if drought conditions persist.
The parties have been developing their contingency plans to cover a range of scenarios and shared that information at a meeting convened by Waikato Reagional Council. Participants agreed to keep sharing information regularly on developments.
Under Mighty River Power's Lake Taupo resource consent, restrictions on water flowing out of the lake are imposed when its level hits 355.85m above sea level (compared to Wednesday's level 17cm higher at 356.02m above sea level).
To help slow Lake Taupo's decline to 355.85m above sea level Mighty River Power has reduced the minimum current flow from Karapiro from 148 cubic metres a second (cumecs) to 140cumecs within the process allowed by their resource consent.
But, once the 355.85m above sea level is reached, restrictions mean that the water released from the Karapiro dam must not exceed inflows into Lake Taupo and the Waikato River hydro- electricity system, putting Lower Waikato River flows back to what they would have been without hydro operations in place.
Under the restrictions, it is estimated the amount of water coming from Karapiro would be reduced from 140cumecs to between 70 cumecs and 120 cumecs. This would result in a further drop in river levels in the Lower Waikato River.
Most of the bigger water takes from the Waikato River are below Karapiro. So councils and industries using water from the river downstream of Karapiro are required to take the risk into account in their contingency planning.
It was felt last week that Lake Taupo could possibly reach the 355.85m above sea level mark by early next month if there was no significant rain before then.
"It is heartening to see the rain being forecast this week but the major water users are planning for a worst case scenario just in case," says McLay.
"Parties at the meeting are confident they had the appropriate plans in place to cope if Lake Taupo hits the 355.85m above sea level point," says McLay.
"We have all committed to working closely together and sharing information so that we are collectively well-placed to respond to any problems."
Horticulture New Zealand says proposed changes to the Plant Variety Rights Act 2022 will drive innovation, investment and long-term productivity.
More than 1200 exhibitors will showcase their products and services at next month’s National Fieldays, with sites nearly sold out.
Despite difficult trading conditions for European machinery manufacturers brought about conflicts in Ukraine and Iran, alongside the United States imposing punitive tariffs, Italian manufacturer Maschio Gaspardo, has seen turnover increase 12% in 2025 to €390 million (NZ$775m) with a net profit of €11.2 million (NZ$22.3).
New Zealand innovation company Techion, best known for its animal diagnostics platform, FECPAK has signed an exclusive strategic partnership with Farmlands to bring independent animal health disease intelligence to its customers.
Zespri says it welcomes the recently signed Western Bay of Plenty Regional Deal, describing it as an important step towards supporting growth in the region and for New Zealand's kiwifruit industry.
Troubled milk processor Synlait has lost its third chief executive in five years.