Dairy Sector – DCANZ part of joint call for action on Canada’s market distorting protein exports

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January 16, 2025

Source: Dairy Companies Association of New Zealand (DCANZ)

The Dairy Companies Association of New Zealand (DCANZ) has joined with United States and Australian dairy industry representatives in calling for government action to address the impacts that Canada’s trade delinquency is having on world dairy protein markets.

An 8 January letter to the trade and agriculture Ministers of New Zealand, the United States and Australia details a collective concern that artificially low-priced Canadian dairy protein exports are undermining legitimate export interests. Collective and coordinated action is requested to address the mechanisms being used by Canada to enable these exports to be dumped on world markets.

Of concern is the purposeful design of Canada’s milk pricing mechanisms to under-price the surplus milk protein generated by its domestic supply management system and incentivise disposal onto world markets. Canadian dairy processors’ ability to access milk proteins at below Canada’s cost of production is distorting its export of a range of dairy products.

DCANZ Executive Director Kimberly Crewther says “Canada’s policy approach is at odds with its international trade obligations in much the same way as previous Canadian dairy pricing policies were found to breach WTO export subsidy rules in the past”.

The joint-call is for the Governments of New Zealand, US, and Australia to actively pursue the issue using all available tools. New Zealand and Australia are signatories, alongside Canada, to the Multi-Party Interim Appeal Arbitration Arrangement to maintain the enforceability of WTO rules. For the US the upcoming review of the USMCA agreement offers opportunities.

The letter highlights that action to curb these harmful Canadian policies is a matter of urgency with the imminent prospect of further Canadian processing investment premised on this access to below-cost milk protein. For the New Zealand industry, this issue is additional to the legal dispute about Canada’s limiting of access to CPTPP dairy quotas.

“It is an ongoing battle to ensure Canada upholds its trade commitments on dairy” says Crewther. “DCANZ is pleased to be working with industry organisations from other dairy exporting nations who share the objective of holding Canada to account for its dairy trade commitments.”

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Gaza Ceasefire – Palestine Forum of New Zealand Welcomes Temporary Ceasefire Agreement

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January 16, 2025

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Source: Palestine Forum of New Zealand

The Palestine Forum of New Zealand welcomes the announcement of a temporary ceasefire in Gaza, offering crucial humanitarian relief to Palestinians enduring immense suffering under relentless military aggression.

The destruction in Gaza has reached catastrophic levels, with essential civilian infrastructure and healthcare facilities in ruins. Official reports place the death toll at over 46,000, but *The Lancet* estimates the true figure may be significantly higher. United Nations data reveals that women and children comprise the majority of casualties.

While the ceasefire provides an essential reprieve, its sustainability remains uncertain. The current Israeli government faces mounting international condemnation for alleged war crimes and ongoing violations of international law, raising doubts about its commitment to lasting peace.

The July 19, 2024, ruling by the International Court of Justice, which declared Israel’s occupation of Palestine illegal, has intensified global attention on the legal and moral dimensions of the crisis.

The Palestine Forum of New Zealand calls on the government and international community to uphold justice and support Palestinian self-determination.

Maher Nazzal
Palestine Forum of New Zealand

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Gaza Ceasefire – Statement by DAWN

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January 16, 2025

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Source: DAWN

In response to reports that Israel and Palestinian groups in Gaza have agreed to a ceasefire that will include the release of Israeli captives, Palestinian detainees and prisoners, and the staged withdrawal of Israeli troops from Gaza, DAWN issued the following statement:

“Israel bears primary responsibility for the devastation it has wrought, and it should bear the primary cost of reconstructing and rehabilitating the Gaza Strip, including reparations to the people whose lives have been destroyed,” said Sarah Leah Whitson, executive director of DAWN. “If the world again allows Israel to externalize the costs of its crimes in Gaza, nothing will dissuade it from repeating its belligerence and abuses.”

“The United States bears grave responsibility for what Israel has done to the Palestinians in Gaza because it has consistently blocked every ceasefire effort in the United Nations and gifted Israel the billions of dollars of weapons and munitions Israel has used against Palestinians in Gaza,” said Whitson.

“A ceasefire agreement does not mean that Israeli war criminals who orchestrated this genocide are off the hook, and we will continue to demand accountability for their crimes,” said Raed Jarrar, DAWN’s advocacy director. “The international community should also hold U.S. officials in the Biden administration accountable for aiding and abetting crimes against humanity with their ongoing support of Israel’s war machine.”

“Ending Israel’s genocidal campaign against Palestinians in Gaza is of course, a long-overdue and welcome development but without guarantees that Israel can never again carry out such atrocities, it is but a single gulp of fresh air,” said Michael Schaeffer Omer-Man, director of research for Israeli-Palestine at DAWN. “Palestinians in Gaza and the West Bank need an international force to protect them from Israeli aggression and ensure they can exercise their inalienable right to self-determination.”

Raed Jarrar
Advocacy Director
DAWN

MIL OSI

Gisborne gains affordable rental whare

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January 16, 2025

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Source: New Zealand Government

Mahi has begun that will see dozens of affordable rental homes developed in Gisborne – a sign the Government’s partnership with Iwi is enabling more homes where they’re needed most, Associate Housing Minister Tama Potaka says.
Mr Potaka attended a sod-turning ceremony to mark the start of earthworks for 48 new homes, ranging from one to four bedrooms, at the Te Mano o Hamo development in the Gisborne suburb of Kaiti today.
This development was made possible through a partnership between Te Rūnanganui o Ngāti Porou and Te Tūapapa Kura Kāinga – Ministry of Housing and Urban Development. Te Rūnanganui o Ngāti Porou is leading the development, working with the ICONIQ Group which will employ local tradespeople.
“Gisborne has suffered from housing underdevelopment and a lack of supply, coupled with damage from severe weather events. There were 487 households on the Housing Register in Gisborne in November 2024 – this equates to the third highest rate of households per 10,000 people throughout the country’s districts,” Mr Potaka says.
“This partnership will help address the housing shortage and is a great example of how the Government can work with Iwi to deliver real results for whānau.”
The project in Kaiti is one of 12 projects supported by Government grant funding of $82 million to enable 198 affordable rentals through the Ministry’s most recent Māori Housing announcement in November. Projects are located within the priority locations of Northland, East Coast, Hawkes Bay, Taranaki-Central North Island, Bay of Plenty including Rotorua and Waikato. Three of the projects are in Nelson, Taumarunui and Masterton.
The grant funding for the Kaiti development is approximately $16.6 million. The homes are scheduled for completion by August 2026. All 48 homes will be affordable rentals where rent is capped at 80 percent of the market rent in a particular location.
“The Government is deeply committed to making housing more affordable for all New Zealanders together with addressing the housing challenges faced by whānau Māori. This development is just one part of the overall picture of how we are trying to increase the availability of affordable housing,” Mr Potaka says.
“Developments like this also support the Government’s continued good progress to achieve the target of reducing those in emergency housing by 75 percent by 2030.”

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Tapanui man facing numerous drug-related charges

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January 16, 2025

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Source: New Zealand Police (National News)

A 25-year-old Tapanui man is facing a raft of charges relating to the sale and supply of Class A, B and C controlled drugs throughout the Southland, Otago and Central Otago areas.

Roxburgh Police arrested the man yesterday and he is scheduled to appear in Queenstown District Court today (16 January).

An investigation into this offending began following a vehicle crash Police attended in August 2024, where the man was found in possession of cannabis and methamphetamine.

Yesterday’s arrest follows the arrests of a man and woman from Southland in October 2024 by the Invercargill Organised Crime Unit, with the assistance of the Armed Offenders Squad.

The 40-year-old man and 30-year-old woman have been charged with numerous drugs and firearms offences and are currently before the courts.

Police are not ruling out further arrests and we encourage anyone with information or concerns about similar offending in their community to report it to us, by contacting your local police station.

You can also provide information anonymously via Crime Stoppers on 0800 555 111.

ENDS

Issued by Police Media Centre.

MIL OSI

NZ-AU: Low Interest Rates Drive Demand for Corporate Bonds: Harbour Investment Partners Offers Unmatched Opportunities

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January 16, 2025

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Source: GlobeNewswire (MIL-NZ-AU)

Sydney, AU, Jan. 03, 2025 (GLOBE NEWSWIRE) — In a global financial landscape characterized by persistently low interest rates, Harbour Investment Partners is paving the way for savvy investors to capitalize on the increasing demand for corporate bonds. Recognized as a leading investment management firm, Harbour Investment Partners has built a reputation for delivering tailored opportunities that align with market trends, offering investors the tools to navigate a shifting economic environment.

The Rise of Corporate Bonds in a Low-Rate Era

As central banks worldwide maintain historically low interest rates to stimulate economic growth, corporate bonds have emerged as a preferred choice for investors seeking stable returns. Unlike traditional savings accounts and fixed deposits, which offer minimal interest, corporate bonds provide attractive yields with manageable risk.

“Low interest rates have redefined the investment landscape,” stated the CEO of Harbour Investment Partners. “Investors are increasingly drawn to corporate bonds as they offer a balanced combination of security and profitability. Our role is to help them identify and seize the most promising opportunities in this sector.”

Unmatched Expertise in Corporate Bond Markets

Harbour Investment Partners leverages its in-depth market analysis and global reach to connect clients with high-quality corporate bond issuances. The firm’s comprehensive approach ensures clients have access to diverse options, including:

Investment-Grade Bonds: High-quality bonds from established corporations offering steady returns.
High-Yield Bonds: Options for investors willing to take on slightly higher risk for potentially greater rewards.
Green Bonds: Environmentally sustainable investments aligned with ESG (Environmental, Social, and Governance) principles.

The firm’s proprietary research and analytics tools provide clients with real-time insights, enabling informed decision-making.

Customized Strategies for Investors

Harbour Investment Partners prides itself on its client-centric approach. Tailored investment strategies consider each client’s financial goals, risk tolerance, and market outlook. These bespoke services position the firm as a trusted partner for high-net-worth individuals, institutional investors, and family offices.

“At Harbour Investment Partners, we don’t believe in one-size-fits-all solutions,” said the Head of Fixed Income. “Our commitment to personalized service ensures that every client receives a strategy uniquely designed to maximize their returns while mitigating risks.”

The Future of Corporate Bond Investments

Looking ahead, Harbour Investment Partners forecasts continued growth in the corporate bond market, particularly in sectors such as technology, healthcare, and renewable energy. The firm’s forward-thinking approach and robust network allow it to identify emerging opportunities and deliver them to its clients promptly.

About Harbour Investment Partners

Harbour Investment Partners is a premier investment management firm specializing in diversified portfolios, including equities, fixed income, and alternative assets. The firm is dedicated to delivering exceptional results through innovative strategies, rigorous research, and personalized client service.

For more information about Harbour Investment Partners and their corporate bond opportunities, visit https://harbourinvestmentpartners.com.au/

– Published by The MIL Network

Road resurfacing works planned for State Highway 6 QEII Drive

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January 16, 2025

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Source: New Zealand Transport Agency

Smoother roads and safer driving are on the cards for users of State Highway 6 Queen Elizabeth II Drive in Nelson.

At the end of January, contractors will be laying new asphalt on two sites on the well-used route. Asphalt is a longer lasting solution and provides a stronger road. It also reduces the amount of future road maintenance needed.

Work will be underway between the Trafalgar and Haven Road Roundabouts from 8 pm to 6 am on the nights of Tuesday, 28, Wednesday, 29 and Thursday, 30 January.

On Tuesday, 28, and Wednesday, 29 January, between 8 pm and 6 am, resurfacing work will be done on State Highway 6 between Trafalgar Street and Wildman Avenue.

This will be done under stop/go and a 30 km/h temporary speed limit.

On Wednesday, 29 January, and Thursday, 30 January, between 8 pm and 6 am, contractors will be working on State Highway 6 between Wildman Avenue and Haven Road Roundabout.

It will require a full road closure until the resurfacing is completed. A local road detour will be in place in both directions via Wildman Avenue and Hay Street. The detour is expected to add under five minutes to travel times.

QEII Drive is a busy route within Nelson and carries approximately 12,000 vehicles daily. As such, it is critical it is regularly maintained to ensure it remains resilient and reliable for road users.

While the work has been deliberately timed to happen at night when there are fewer vehicles on the road, some traffic delays can be expected until the work is completed. Drivers must plan their journeys accordingly.

Works schedule:

Tuesday, 28 January and Wednesday, 29 January. 8 pm – 6 am.
- Trafalgar Street roundabout to Haven Road roundabout.
- Stop/Go traffic management and 30 km/h temporary speed limit.

Wednesday, 29 January, and Thursday, 30 January. 8 pm – 6 am.
- Wildman Avenue to Haven Road roundabout – SH6 CLOSED.
- Local road detour via Wildman Avenue and Hay Street.
- Travel delays of under five minutes.

More Information:

MIL OSI

NZ welcomes Israel – Hamas ceasefire deal

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January 16, 2025

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Source: New Zealand Government

New Zealand welcomes the ceasefire deal to end hostilities in Gaza, Foreign Minister Winston Peters says.

“Over the past 15 months, this conflict has caused incomprehensible human suffering. We acknowledge the efforts of all those involved in the negotiations to bring an end to the misery, particularly the US, Qatar and Egypt.

“The terms of the deal must now be implemented fully. Protection of civilians and the release of hostages must be at the forefront of effort.

“There now needs to be a massive, rapid, unimpeded flow of humanitarian aid into Gaza.

“To achieve a durable and lasting peace, we call on the parties to take meaningful steps towards a two-state solution. Political will is the key to ensuring history does not repeat itself,” Mr Peters says.

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Arrest made following air ambulance burglary

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January 16, 2025

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Source: New Zealand Police (District News)

A 31-year-old man is before the courts following an investigation into the burglary of an air ambulance helicopter in Mosgiel.

In the early hours of Sunday 12 January, a bag containing critical medical equipment and supplies was stolen from the Queenstown rescue helicopter, which was forced to hold-over at the North Taieri base due to bad weather.

Enquiries led Police to execute a search warrant at a Dunedin address yesterday, Wednesday 15 January, where the 31-year-old was arrested at the scene.

The man is alleged to have also been involved in two other burglaries in the Dunedin area the early hours of the morning Sunday 12 January.

He is due to appear in Dunedin District Court today (16 January) charged with three charges of burglary and two charges of unlawfully taking a motor vehicle.

Police continue to make enquiries into the incidents and further charges are likely.

ENDS

Issued by Police Media Centre

MIL OSI

Bigo Live Champions and Commits to Creator Economy in USA and Globally

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January 16, 2025

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Source: Media Outreach

LOS ANGELES, US – Media OutReach Newswire – 15 January 2025 – Bigo Live, one of the world’s fastest-growing livestreaming social communities, pledges its commitment to developing and supporting creators and artists, in efforts to contribute to the sustained strong growth of the creator economy. The platform, which has over 500 million users in 150 countries, has built a positive, inclusive and diverse social ecosystem through its responsible use of the internet, localised market strategy and community-first approach. The global creator economy is projected to be worth $480 billion by 2027, according to a report by Goldman Sachs, and will continue to be a major driver of the US economy.

“Our core mission is to provide a safe digital space and an inclusive platform for all creators, new or established, to build meaningful connections and showcase their talents to the world. Our creators come from all walks of life, sharing their passions from music to the arts to spread cheer and positivity. We stay committed to safeguarding this community while further fostering a vibrant and ever-growing environment for our community. The creator economy is one powered by user-generated content and built on the efforts of individuals who are driven by passion and talent,” said a Bigo Live spokesperson.

Empowering Creators and Building Our Community

Bigo Live will launch further community initiatives and programmes in 2025 for meaningful content and collaboration to drive positive impact and change. These include spotlighting the voices of our Black community, fundraising campaigns for meaningful causes and masterclasses in partnership with non-profit organisations on content creation for education and advocacy. Some of Bigo Live’s previous campaigns include fundraising for the World Health Organisation during the COVID-19 pandemic, raising awareness of health and wellness, and educational information around diversity and inclusion as well as cyber safety for creators and users.

Bigo Live will also heavily invest in the continual expansion and innovation of its tools and capabilities for creators to unlock their creative potential. The platform constantly develops interactive in-app features and AI tools such as digital avatars, multi-guest livestreams and virtual gifts, adding a new dimension to the livestreaming experience. Through the combination of augmented reality, virtual reality and AI, creators can utilise these tools and features to share stories and experiences that are more personal and engaging for audiences. For example, creators can use multi-guest livestreams to discuss challenges and personal anecdotes about topics such as building confidence or mental health, and utilise digital avatars to connect with users in a fun, interactive way and amplify their message to a wider audience.

Events and Competitions

Globally and in the US, friendly competitions and regional events bring creators and users together to showcase their talent and elevate their status on a global stage. Some examples include BIGO’s Most Talented, a virtual talent show hosted by celebrity judges that spotlight creators across regions such as the Americas, Europe, Africa, Oceania and Southeast Asia, and “Live Loud, Live Proud”, an online and offline campaign which celebrates diversity and the LGBTQ+ community.

BIGO’s Most Talented redefined the concept of talent shows by bringing together engagement-driven judging with the immediacy and interactivity of live-streaming. The competition invited users to participate and vote in-app by purchasing virtual gifts via a voting box on the livestream. Additionally, participants were assessed by their ability to captivate with a live audience online.

The platform’s annual flagship event, BIGO Awards Gala, recognises the top regional and worldwide creators across six continents. The BIGO Awards Gala was held in Las Vegas last year celebrating the most talented creators and beauty of the diverse Bigo Live community. The gala, live-streamed to hundreds and thousands of users worldwide, highlighted the app’s significance as a global platform that empowered creators to connect, create and shine on a global scale.

Hashtag: #Bigo

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.