Eastpack facility in Te Puke achieves a new kiwifruit packing milestone
EastPack, a post-harvest operator in New Zealand, has marked a new achievement by packing 50 million trays of kiwifruit within a single season, a first for the industry in the country. This accomplishment was realized last week at the company's Quarry Rd facility in Te Puke, utilizing a fully automated grader. The significant tray was packed using kiwifruit cultivated by Seth and Fleur Pardoe, in collaboration with Prospa Orchard Management. He also recognized the vital support from growers, attributing part of the success to the high-quality crop produced this season. The 50 millionth tray's kiwifruit was stored in a controlled atmosphere (CA) store at Quarry Rd, employing advanced technology to maintain the fruit's quality by reducing oxygen levels.
Source:New Zealand Herald
August 06, 2024 13:34 UTC
Du Val liquidation hearing to proceed despite FMA raid
Unlock all stories free for 10 daysStay informed on business, government and financial developments across New Zealand. Deeply researched, twice-edited and fact-checked newsAnnual subscribers also receive a complimentary subscription to The Wall Street JournalPersonalised email news alerts, plus gift up to 5 stories a month to non-subscribersWe won’t charge for 10 days. You can cancel anytime with two clicks, an email or a phone call. Find out more. We are serious about journalism.
Source:New Zealand Herald
August 06, 2024 09:41 UTC
UPDATED: Du Val liquidation hearing to proceed as Chinese bank moves
Unlock all stories free for 10 daysStay informed on business, government and financial developments across New Zealand. Deeply researched, twice-edited and fact-checked newsAnnual subscribers also receive a complimentary subscription to The Wall Street JournalPersonalised email news alerts, plus gift up to 5 stories a month to non-subscribersWe won’t charge for 10 days. You can cancel anytime with two clicks, an email or a phone call. Find out more. We are serious about journalism.
Source:Stuff
August 06, 2024 06:19 UTC
Extreme electricity prices getting embedded
Prices over $1000/MWhr (megawatt hour) are becoming all-too frequent as the cold winter blast coincides with low lake levels and inflows, and low wind generation. Price signals are important to reducing demand and that isn't happening at present except in the industrial sector. The mismatch is because we have far too little headroom in our renewables capacity. We have had extreme price stress in the past, but as the chart below shows, things settled back after. But that isn't happening now.
Source:Stuff
August 06, 2024 03:55 UTC
Trio killed in Riverton boating tragedy named
Two other people were rescued after the recreational boat they were in capsized on the Riverton bar, 100m off shore, about 3pm. Its managing director, Daryl Moyles, said he had been business partners with Mr King for more than 20 years. Mr Moyles told Stuff that Mr King was still hands-on after retirement and would visit the Stockfoods plant regularly. He said Mr King was an ‘‘astute’’ and innovative businessman who did a lot of volunteer work - especially with youth. Mr McCulloch founded architect firm McCulloch Architects in Invercargill, where he worked until 2014 before retiring.
Source:Stuff
August 06, 2024 03:20 UTC
ASB, BNZ and Kiwibank all cut fixed home loan rates
Tuesday morning, BNZ took a knife to its longer fixed rates, taking all fixed rates three years and longer to under 6%. And BNZ did not announce any term deposit rate changes this time either, although both Kiwibank and ASB did cut term deposit rates. And the carded rates we report here can be different to the rates banks might offer in their banking app. A quick check of the wholesale swap rate chart below gives a clear understanding of where funding costs are heading. Daily swap rates Select chart tabs 1 year % 2 years % 3 years % 4 years % 5 years % 7 years % 10 years % Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA Opening daily rate Source: NZFMA
Source:Stuff
August 06, 2024 02:59 UTC
Taxpayer Update: EXPOSED: 'White privilege' workshops 🚫🤦🏻♀️ | TVNZ's expensive rebrand ✨🪩 | Stealth tax continues 🙉🤫 | Council savings needed 🎯✅ | Worst deal ever 🏗️🤯
EXPOSED: Taxpayers continuing to fund "white privilege workshops" for MBIE mandarins 🚫🤦🏻♀️Do you remember when the new Government insisted they were going through departmental spending line-by-line? On Sunday, your humble Taxpayers' Union blew the whistle that Government departments continue to splurge money on [checks notes] "white privilege" workshops for bureaucrats and government contractors. The Taxpayers’ Union said the workshops needed to be “on the chopping block” and every government department needed to look at its “wasteful spending”. Sells it for $150k two years later 🏗️🤯Cutting back on wasteful spending in local councils doesn't mean reducing core services. If you are aware of waste at your local council that could use some sunlight exposure, please report it via our confidential tipline and our team will investigate and expose it.
Source:Stuff
August 06, 2024 02:04 UTC
Stuff’s Sinead Boucher: ‘I try and refrain from bothering the newsroom’
As I’ve never interviewed a media mogul before, the prospect might have been exciting. I knew that Sinead Boucher, the owner and executive chair of Stuff, was a media mogul because I read it in the Guardian, so it must be true. That paper described her, in 2020 – the year she bought the company for a buck – as “New Zealand’s newest corporate media mogul”. Well, God I hope not … I don’t think I’m a gusher with praise.”Whew. It is certainly not how a media mogul would choose to spend their holidays.
Source:Stuff
August 06, 2024 00:43 UTC
Funding agencies confirm The Casketeers star Fiona Bakulich won’t appear in new TV series
Tipene Funerals owner Francis Tipene said his company deeply regretted “the actions” of its “former employee”. Francis and Kaiora Tipene with two other stars of their TV series The Casketeers, Fiona Tania Bakulich (left) and Fatafehi Tamale. “Te Māngai Pāho was deeply concerned to learn of the allegations made against a former employee at Tipene Funerals,” said Te Māngai Pāho chief executive Larry Parr. Te Māngai Pāho was made aware of the matter from Great Southern Television just over a week ago. Former Tipene Funerals funeral director Fiona Bakulich.
Source:Stuff
August 05, 2024 20:52 UTC
Nurse fails to appear before disciplinary tribunal
When informed of the disciplinary action, Ms Scott posted online the names of her complainants and wrote: "BRING IT ON!!!" An hour’s delay to the tribunal case and a phone call confirmed Ms Scott did not plan to attend. Others in the profession felt by advertising herself as a registered nurse, Ms Scott was trying legitimise her fringe views, or make it appear as though it was a common line of thought in the profession. The man, who was granted name suppression, said he was aware of Ms Scott from her extreme social-media posts. As Ms Scott was leaving, she confronted the couple, the tribunal heard.
Source:Otago Daily Times
August 05, 2024 17:22 UTC
Open mike 05/08/2024
Books editor Claire Mabey went to the 2024 Aotearoa Book Industry Awards for the first time over the weekend and reports back from the Crowne Plaza Hotel. “You saved us. Covid, cancer and chemo took our careers away and you made us believe that we were artists again,” said Lynda ...
Source:Stuff
August 05, 2024 10:01 UTC
Dickason appealing conviction for murdering daughters
Lauren Dickason during sentencing at the High Court in Christchurch. Photo: Stuff / Pool / Alden WilliamsLauren Dickason is appealing her conviction for murdering her three young daughters. In June this year, Dickason was sentenced to 18 years in prison for killing the girls at their Timaru home. But on August 16 last year and after more than 14 hours of deliberations, a jury found Lauren had murdered them. Dickason will be eligible for parole after she has served a third of her sentence.
Source:Stuff
August 05, 2024 08:55 UTC
Antarctica NZ chief executive Sarah Williamson resigns
Unlock all stories free for 10 daysStay informed on business, government and financial developments across New Zealand. Deeply researched, twice-edited and fact-checked newsAnnual subscribers also receive a complimentary subscription to The Wall Street JournalPersonalised email news alerts, plus gift up to 5 stories a month to non-subscribersWe won’t charge for 10 days. You can cancel anytime with two clicks, an email or a phone call. Find out more. We are serious about journalism.
Source:Stuff
August 05, 2024 08:01 UTC
Residents reeling after fatal voyage
PHOTOS: NINA TAPUSouthland residents are reeling after a boat capsized at the weekend, claiming the lives of three of their own. Coastguard Riverton skipper Ross McKenzie told RNZ today he had a safety message for people. "Since that time there has never been a triple drowning on the Riverton bar, and that happened [on Saturday]. Otago Southland Rescue Helicopter service chief pilot Kevin Gale said two helicopters responded out of Dunedin, one of which was involved in the search for the missing person. Riverton Coastguard rescued five.
Source:Otago Daily Times
August 05, 2024 04:18 UTC