Editorial: We are Trumped
OPINION: Nothing it seems can be done in the short term to get Donald Trump to change his mind about removing the unfair 15% tariffs that he’s imposed on New Zealand exports to the US.
Trade Minister Todd McClay has travelled to Indonesia to join the Prime Minister and a high-level business delegation for a two-day official visit.
"Indonesia is an important trade partner for New Zealand, and as our 11th largest export market offers significant trading opportunities," says McClay.
"Our two-way trade currently sits at $1.6 billion, and we're keen to explore ways to meet the target set by the two countries last year to boost trade to $4 billion by 2024.
"We will be looking to further broaden our trade connections, including through the Prime Minister's meeting with Indonesian President Joko Widodo and my own meeting with Indonesian Trade Minister Thomas Lembong."
McClay spoke with Minster Lembong at last weekend's G20 meeting in Shanghai and both ministers committed to further develop their government-to-government and business-to-business links.
"With a population of 255 million, Indonesia offers significant opportunity to New Zealand exporters and we will be looking to capitalise on the Prime Minister's visit to open doors for New Zealand companies," says McClay.
While in Indonesia, McClay will take part in business forums in Jakarta and Surabaya. The Jakarta business forum will focus on the benefits of regional economic integration, including between ASEAN and New Zealand. The Surabaya business forum will aim to promote New Zealand's economic relationship with East Java, Indonesia's second most populous province.
"I look forward to working alongside the New Zealand business delegation to showcase New Zealand's commercial expertise in areas of priority for Indonesia, including renewable energy, food and beverage, aviation, education and tourism," says McClay.
Fonterra has unveiled the first refrigerated electric truck to deliver dairy products across Auckland.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.
Virtual fencing and pasture management company Halter says its NZ operations has delivered a profit of $2.8 million after exclusion of notional items.
Manuka honey trader Comvita slumped to a $104 million net loss last financial year, reflecting prolonged market disruption, oversupply and pricing volatility.
The Government has struck a deal with New Zealand's poultry industry, agreeing how they will jointly prepare for and respond to exotic poultry diseases, including any possible outbreak of high pathogenicity avian influenza (HPAI).
The conversion of productive farmland into trees has pretty much annihilated the wool industry.