Articles tagged with Fonterra
Building a Stronger Upper North Island: The Future of Rail and Freight Connectivity
1 week ago | 180 viewsThe speech emphasizes the critical role of rail and port infrastructure in New Zealand’s freight system, highlighting successful investments in rail upgrades, improved reliability, and strategic port development, particularly in the Upper North Island. It underscores the importance of efficient government-business collaboration, competitive project design processes, and integrated transport systems combining rail, road, and shipping to boost economic growth and sustainability. The Marsden Point Rail Link project exemplifies a new approach to infrastructure delivery focused on cost-effectiveness and value, aiming to strengthen regional connectivity and support long-term export success.
Tags: Ken Couper Mahe Drysdale Pita Tipene Mr Reidy Wayne Brown Fonterra Silver Fern Farms Acciona Martinus RailNew Review Launched on Dairy Industry Restructuring Act to Assess Fonterra Rules
1 month ago | 250 viewsThe Ministry for Primary Industries has released the terms of reference for a mandatory review of the Dairy Industry Restructuring Act (DIRA) to evaluate whether its competition provisions regulating Fonterra remain necessary and effective. The review will consider if these provisions should be retained, repealed, or amended, with findings due to Parliament by June 1, 2027, and will include two rounds of stakeholder consultation. DIRA was originally established to support Fonterra’s creation and regulate its market activities beyond general competition laws to ensure efficient dairy market operations in New Zealand.
Tags: Ministry for Primary Industries MPI Dairy Industry Restructuring Act DIRA Agriculture Minister Todd McClay Fonterra dairy sector New Zealand Commerce Act 1986Government to Receive $10M Special Dividend from Landcorp Farming in 2025/26
2 months ago | 364 viewsThe Government will receive a $10 million special dividend from Landcorp Farming Limited, contributing to a total of $25 million in dividends returned to the Crown for the 2025/26 financial year. This payment reflects Landcorp’s strong financial position, improved operations, and commitment to delivering value for taxpayers, supported by favorable commodity prices and disciplined management. The special dividend follows a $9.5 million capital repayment from Fonterra and is considered a pass-through of this non-operating receipt, separate from Landcorp’s ordinary dividend policy.
Tags: Simeon Brown Landcorp Farming Limited New Zealand Government State Owned Enterprises Fonterra Shareholding Ministers Crown dividends public services commodity prices taxpayer valueMinister Louise Upston Encourages Timaru Employers to Hire Local Jobseekers with MSD Support
4 months ago | 750 viewsMinister Louise Upston encouraged Timaru employers to prioritize hiring jobseekers and highlighted how the Ministry of Social Development (MSD) supports businesses by matching them with skilled and suitable candidates. MSD collaborates closely with local employers like Fonterra to understand their workforce needs and build trust by connecting them with ready-to-work talent from a large pool of jobseekers. She emphasized that recruitment through MSD is about unlocking potential and creating lasting opportunities, urging employers of all sizes to engage with MSD for workforce solutions.
Tags: Louise Upston Ministry of Social Development MSD Timaru Fonterra Jobseekers Employment Social Development Workforce RecruitmentTransformative Rail Investment in Auckland: Unveiling the Third Main Line Project and Future Upgrades
9 months ago | 878 viewsThe Minister of Transport highlighted the Government's significant investment in Auckland's passenger rail system, including projects like the Third Main Line and extending the electrified network. These investments aim to improve both commuter services and freight operations, benefiting the economy and reducing road congestion. Future plans include expanding rail capacity in Auckland's Southern Corridor and developing the Avondale-Southdown corridor to enhance freight connections and regional economic growth.
Tags: David Gordon Mayor of Auckland Minister of Transport New Zealand KiwiRail Wellington Northland Marsden Point Rail Link Fonterra