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Auckland Port To Recapture Gas: Union Calls On Ports To Stop Spewing Methyl Bromide

The Maritime Union of New Zealand welcomes the decision by Ports of Auckland to stop releasing methyl bromide emissions into the air. The move to fully recapture the toxic gas after fumigation sets a new benchmark for industry best practice. More>>

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NZ's Space Programme: Rocket Lab Makes It To Space (But Not Orbit)

Electron lifted-off at 16:20 NZST from Rocket Lab Launch Complex 1 on the Mahia Peninsula in New Zealand. It was the first orbital-class rocket launched from from a private launch site in the world. More>>

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Earlier:

Budget: Irrigate (Good Times, Come On!)

Additional grant funding of $26.7 million over the next three years plus a capital boost of $63 million towards irrigation investments in Budget 2017 will deliver economic and environmental benefits through better use of water... More>>

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Silver Fern Farms: Proposal To Close Fairton Sheepmeat Plant

Silver Fern Farms has advised its people of the proposal to permanently close the site, and has discussed potential transfer options to its other sites in the region as part of the consultation process...
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MPI: Myrtle Rust Appears In Taranaki
The nursery in Waitara (just north of New Plymouth) reported suspected myrtle rust symptoms on young plants to the Ministry’s 0800 number yesterday (Tuesday). More>>

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Aged Care Survey: Job Stresses Put Pressure On Workforce
Staff in the aged care sector are stressed, struggling with work hours and aren’t feeling financially rewarded for their efforts. More>>

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De-Sanctioning: First Iran Meat Shipment Welcomed
Primary Industries Minister Nathan Guy has welcomed the first export shipment of meat to Iran, scheduled for processing and export later this month by Wellington company Taylor Preston. More>>

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Water Accord: Farmers 'Tackling Environmental Issues'
The independently audited report shows that 97 percent of dairy cattle are fenced off from waterways on farms... National levels of significant non-compliance for dairy effluent systems on farms have dropped to their lowest ever. More>>

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TRENZ: $178m Budget Package For Tourism Infrastructure
Tourism Minister Paula Bennett has today announced a new $102 million Tourism Infrastructure Fund which has been launched alongside $76 million in new funding for our most important tourism asset, the DOC Estate. More>>

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Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent
Global economic growth has increased and become more broad-based over recent months. However, major challenges remain with on-going surplus capacity and extensive political uncertainty. More>>

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Property Council Report: Property 'NZ’s Largest Single Industry'
The report found that the property industry is the largest industry in New Zealand with a direct contribution to GDP of $29.8 billion or 13 per cent of total GDP. Property’s contribution to GDP is higher than manufacturing, agriculture, and health. More>>

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Crown Accounts: Increased Taxes, Lower Spend Helps Swell Government Coffers
Increased revenue from taxes and lower expenses boosted the government's operating surplus above its forecasts in the first nine months of the financial year. More>>

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Statistics: Grocery And Liquor Retailing Lift Card Spending In April
Retail spending using electronic cards was $5 billion in April 2017, up $218 million (4.5 percent) from April 2016. When adjusted for seasonal effects, monthly retail card spending rose 1.1 percent in April 2017 compared with March 2017. More>>

Ressurectionists: No, You Can’t Have A Moa - Maybe A Hui?
The perils of resurrecting extinct species, such as the moa or huia, will be discussed when a new paper, led by University of Canterbury (UC) conservation geneticist Dr Tammy Steeves, is published this week. More>>

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Financial Distress: Reserve Bank Sees Interest Rate Threat To First Home Buyers
Thousands of heavily-mortgaged first home buyers in Auckland could be hit hard by rising interest rates, thanks to out of control house prices, according to documents released to the Green Party under the Official Information Act. More>>

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Biosecurity: Myrtle Rust Found In NZ
A biosecurity response is underway after the detection of myrtle rust on mainland New Zealand for the first time, Primary Industries Minister Nathan Guy and Conservation Minister Maggie Barry have announced today. More>>

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Statistics: Big Spenders Face Lowest Inflation
Beneficiaries experienced the highest inflation in the March 2017 quarter, Stats NZ said today. Their overall costs rose 1.4 percent, almost three times the rate of inflation experienced by the biggest spenders group (up 0.5 percent). More>>

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Wages Lag Inflation: Unemployment Rate Falls To 4.9%
New Zealand’s unemployment rate fell more than expected in the first quarter, however the continuing influx of migrants meant the labour force participation rate reached a fresh all-time high and wage inflation remained muted, data from Statistics New Zealand shows. More>>

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Auckland Down, Wellington Up: NZ Property Values Plateau
New Zealand property values stalled in the three months through April as tighter credit conditions and restrictions on riskier mortgage lending has seen dwindling sales numbers, says state-owned valuer Quotable Value. More>>

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Emissions Reduction: Productivity Commission To Look At Low Carbon Economy
The Productivity Commission's next big investigation will be how the country can make the most from transitioning to a low carbon economy. More>>

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