Auckland oyster farmers are facing another blow just weeks after a major wastewater spill into the Mahurangi River.

Watercare says heavy rain on 19 November caused 86 cubic metres of wastewater and stormwater to overflow into the river from a Warkworth pipeline.

The Ministry for Primary Industries has suspended harvesting while tests are carried out, but growers say the spill has already wrecked their busiest season.

Matakana Oysters owner Tom Walters told Kerre Woodham that, 'it's been a gutting year, and it seems to be the gutting cherry on top of it at the moment.'

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Auckland oyster farmers are facing another blow just weeks after a major wastewater spill into the Mahurangi River.
Watercare says heavy rain on 19 November caused 86 cubic metres of wastewater and stormwater to overflow into the river from a Warkworth pipeline.
The Ministry for Primary Industries has suspended harvesting while tests are carried out, but growers say the spill has already wrecked their busiest season.
Matakana Oysters owner Tom Walters told Kerre Woodham that, 'it's been a gutting year, and it seems to be the gutting cherry on top of it at the moment.'
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Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Tom Walters: Matakana Oysters owner says industry is struggling after heavy rain and wastewater spill

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dbae6048-c995-4be5-8b84-b3a501829720/transcript

A signal from the Reserve Bank's led Westpac to hike rates - and one economist expects other banks could follow. 

Westpac lifted two five-year fixed rates by 30 basis points yesterday.

The bank's chief economist, Kelly Eckhold, says it seems the Reserve Bank's unlikely to cut the OCR again any time soon. 

"We kind of expected that they would cut the rate by 25 basis points, but we didn't expect them to call time on the easing cycle. It sort of scared the markets a little bit." 

LISTEN ABOVE

A signal from the Reserve Bank's led Westpac to hike rates - and one economist expects other banks could follow.&nbsp;
Westpac lifted two five-year fixed rates by 30 basis points yesterday.
The bank's chief economist, Kelly Eckhold, says it seems the Reserve Bank's unlikely to cut the OCR again any time soon.&nbsp;
"We kind of expected that they would cut the rate by 25 basis points, but we didn't expect them to call time on the easing cycle. It sort of scared the markets a little bit."&nbsp;
LISTEN ABOVE

Kelly Eckhold: Westpac chief economist defends the bank hiking fixed rates

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f0a76207-c13e-4c3e-a5a6-b3af004e92a0/transcript

The debate over out long summer break is heating up. 

An op-ed from businessman Toss Grimley claims New Zealand’s extended shutdown hurts productivity, a stance backed up by Auckland Business Chamber CEO Simon Bridges. 

Bridges says there’s a real perception the country “shuts down until March”, and that we’re seen more as “lifestylers” than serious businesspeople.  

Massey University Professor of Innovation and Economics, Christoph Schumacher told Heather du Plessis-Allan that while our summer break is long compared to the rest of the world, the question shouldn’t be if it’s too long, but rather if we can afford it. 

He says people do deserve breaks, but it needs to be structured a smarter way to keep productivity high.  

LISTEN ABOVE  

The debate over out long summer break is heating up.&nbsp;
An op-ed from businessman Toss Grimley claims New Zealand’s extended shutdown hurts productivity, a stance backed up by Auckland Business Chamber CEO Simon Bridges.&nbsp;
Bridges says there’s a real perception the country “shuts down until March”, and that we’re seen more as “lifestylers” than serious businesspeople. &nbsp;
Massey University Professor of Innovation and Economics, Christoph Schumacher told Heather du Plessis-Allan that while our summer break is long compared to the rest of the world, the question shouldn’t be if it’s too long, but rather if we can afford it.&nbsp;
He says people do deserve breaks, but it needs to be structured a smarter way to keep productivity high. &nbsp;
LISTEN ABOVE &nbsp;

Christoph Schumacher: Massey University Professor of Innovation and Economics on the summer holiday period and productivity

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/32d3d3be-606f-4021-a7a3-b3ad014e4423/transcript

Deloitte's Top 200 awards took place at Auckland's Viaduct Event Centre last night, with New Zealand space company Rocket Lab, founded by Peter Beck, taking the title of Company of the Year. 

NZ Herald Technology Editor Chris Keall joined Matt and Tyler to chat about the win.

"To actually be a New Zealander and to even dream of doing something like that, let alone be heading off to Mars with your work, that's just so incredible," Keall said.

LISTEN ABOVE

Deloitte's Top 200 awards took place at Auckland's Viaduct Event Centre last night, with New Zealand space company Rocket Lab, founded by Peter Beck, taking the title of Company of the Year.&nbsp;
NZ Herald Technology Editor Chris Keall joined Matt and Tyler to chat about the win.
"To actually be a New Zealander and to even dream of doing something like that, let alone be heading off to Mars with your work, that's just so incredible," Keall said.
LISTEN ABOVE

Chris Keall: NZ Herald Technology Editor on Deloitte Top 200 Company of the year winner Rocket Lab

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2c19e8c0-3997-4a5d-abf6-b3aa002087cc/transcript

Tom Walters: Matakana Oysters owner says industry is struggling after heavy rain and wastewater spill

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