Source: Save the Children
Greenpeace – Govt announces critical mineral ‘slush fund’ as TTR flees the fast track
Source: Greenpeace
Defence News – NZDF air and maritime assets combine for successful search and rescue operation south of Tonga
The New Zealand Defence Force has combined its maritime and air assets to conduct a search and rescue operation for two men drifting in a wooden boat 105 nautical miles south of Tonga.
The two men were located by a Royal New Zealand Air Force (RNZAF) P-8A Poseidon yesterday morning and were then recovered on board the Royal New Zealand Navy’s HMNZS Canterbury last night.
The P-8A had been en route to conduct maritime surveillance operations for illegal, unreported and unregulated fishing in the South West Pacific when it was diverted to conduct the search for the missing boat.
Maritime New Zealand’s Rescue Coordination Centre requested the aircraft crew search for the boat after it was reported overdue.
The crew on board the 11.5-metre wooden boat named Mysterious Wonder were reported to have left Tongatapu, Tonga on 8 February. Authorities were notified on Tuesday that the vessel was missing.
The P-8A crew flew to Fiji to base overnight before starting the search Wednesday morning. They found the boat at 10.15am. The call then went out to HMNZS Canterbury to rescue the men and bring them to safety.
Commander Wayne Andrew, the Commanding Officer of HMNZS Canterbury, said the ship launched a sea boat, rescuing the two men late yesterday evening.
“This was an excellent combined effort to locate and rescue the crew members,” he said.
“The P-8A crew did a fantastic job locating the vessel in a large search area about 105 nautical miles south of Tonga. We were fortunate to be in a position to be able to assist the two men.”
HMNZS Canterbury recently completed a successful trip to Tokelau supporting Governor-General of New Zealand Dame Cindy Kiro to mark the centenary of New Zealand administration of Tokelau. The ship was en route to the Kermadec Islands before it turned around to assist with the rescue.
The two men were flown to Tonga this morning on a RNZAF NH90 helicopter embarked on HMNZS Canterbury.
The ship will today resume passage to Raoul Island, to assist MetService and Earth Sciences New Zealand personnel to carry out upgrade and maintenance tasks of critical weather, tsunami and volcano monitoring equipment and facilities.
Environment – Seabed mining company TTR gives up on the Fast Track process – Greenpeace
Source: Greenpeace
Law and Health – Momentum for change on HIV criminalisation
Source: Burnett Foundation Aotearoa
Appointments – eG Innovations Launches New Zealand Operations, Appoints Joanne Bowey as Country Manager
Source: eG Innovations
- Building a strong local partner ecosystem
- Supporting enterprise and government digital initiatives
- Enabling managed service providers with advanced monitoring capabilities
- Delivering localised customer success and support services
Local News – Have your say on the future of Spicer Landfill – Porirua
Source: Porirua City Council
Fonterra farmers approve divestment capital return scheme
Following today’s virtual Special Meeting, Fonterra can confirm that its farmer shareholders have approved the scheme of arrangement for the capital return that’s expected from the sale of its global Consumer and associated businesses.
98.85% of the total shareholder votes cast were in support of the capital return proposal, which was set out in the Notice of Meeting for the Special Meeting.
Today’s result means Fonterra can now seek final Court approval to undertake the capital return of $2.00 per share to shareholders and unit holders, subject to the divestment of Mainland Group to Lactalis being completed.
Fonterra expects the transaction to be complete in the first quarter of the 2026 calendar year, subject to separation of the businesses from Fonterra and provided the remaining regulatory approvals are received within the expected timeframes.
Once these steps have been completed, the Co-operative will confirm the record date for the capital return, which will be within the five business days prior to the capital return payment being made to shareholders and unit holders.
About Fonterra
Fonterra is a co-operative owned and supplied by thousands of farming families across Aotearoa New Zealand. Through the spirit of co-operation and a can-do attitude, Fonterra’s farmers and employees share the goodness of our milk through innovative consumer, foodservice and ingredients brands. Sustainability is at the heart of everything we do, and we’re committed to leaving things in a better way than we found them. We are passionate about supporting our communities byDoing Good Together.
Economy – OCR decision dates and Financial Stability Report dates to February 2028 – Reserve Bank of NZ
19 February 2026 – The Reserve Bank of New Zealand will increase the number of scheduled monetary policy decisions from 7 to 8 per year, starting in 2027.
The Monetary Policy Committee has discussed the upcoming increase in the frequency of Consumers Price Index (CPI) data releases. From next year, CPI data is set to be published on a monthly basis, rather than quarterly. Due to this, the Committee believes it is appropriate to move to 8 scheduled decisions.
To accommodate an 8 decision schedule, the previously announced February 2027 decision date has been moved a week earlier.
While we have set dates out to February 2028, the Monetary Policy Committee can make unscheduled decisions at any time, should financial or economic conditions warrant it, and have done so in the past.
Our Financial Stability Reports will continue to be released twice a year, in May and November.
Monetary policy and OCR dates
DateAnnouncement
2026
8 April Monetary Policy Review and OCR
27 May Monetary Policy Statement and OCR
8 July Monetary Policy Review and OCR
2 September Monetary Policy Statement and OCR
28 October Monetary Policy Review and OCR
9 December Monetary Policy Statement and OCR
2027
10 FebruaryMonetary Policy Review and OCR
17 MarchMonetary Policy Statement and OCR
5 May Monetary Policy Review and OCR
16 JuneMonetary Policy Statement and OCR
4 AugustMonetary Policy Review and OCR
15 SeptemberMonetary Policy Statement and OCR
27 October Monetary Policy Review and OCR
8 DecemberMonetary Policy Statement and OCR
2028
9 FebruaryMonetary Policy Review and OCR
Financial Stability Report announcement dates
DateAnnouncement
2027
12 MayFSR
10 November FSR
