Trump tariffs
OPINION: Former politicians seem incapable of staying away from the limelight after they retire.
The National Party caucus meets next week to elect a new Prime Minister.
This follows the shock announcement by Prime Minister John Key that he is resigning from the top job.
He made the announcement at his weekly press conference this afternoon.
"This is the hardest decision I've ever made and I don't know what I'll do next,” Key told journalists in Wellington.
Key cited family reasons for leaving, saying the job had required great sacrifices "from those who are dearest to me".
Bill English is expected to take over as Prime Minister and Steven Joyce is expected to take on the finance role.
Key said he would support whoever the caucus chose, but he endorsed Bill English as his replacement.
"There's no way I could have served out a full fourth term," said Key.
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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