It’s a new venture for Fonterra.

The dairy giant has announced a $75 million expansion to its Studholme factory in South Canterbury.

It will be a hub for high protein ingredients for sports nutrition and other medical products.

CEO Miles Hurrell told Mike Hosking it's an opportunity for the company to expand its footprint in New Zealand, and in the competitive market.

LISTEN ABOVE

It’s a new venture for Fonterra. 
The dairy giant has announced a $75 million expansion to its Studholme factory in South Canterbury. 
It will be a hub for high protein ingredients for sports nutrition and other medical products. 
CEO Miles Hurrell told Mike Hosking it's an opportunity for the company to expand its footprint in New Zealand, and in the competitive market. 
LISTEN ABOVE

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The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Miles Hurrell: Fonterra CEO on the company's expansion into high protein ingredients

You can see how the rumblings around the future of Chris Hipkins as Labour Leader have started.

They have added to their problems this week with the social media post from David Parker wittering on about his tax dream. The old Capital Gains Tax, get all those rich bastards lined up and raid their pockets.

It's a sorry old state they find themselves in.

The power crisis is a nadir of sorts. The cold hard reality of their policies has come home to roost for us and haunt them.

You can argue the same around the economy, in general of course, and their Covid approach. Three recessions in two years. A record unmatched by anyone I can find is pretty damning for a government that spent six years basically wrecking the place.

But the power is indisputable. We have no gas because we haven't looked for any because they closed it down.

The lack of rain or wind isn't their fault, but the fragility of the system is. All the stuff they said would happen to close the gap hasn’t. The Onslow idea went nowhere. And the simple, irrefutable truth is as a result of a lack of supply is the price is up, some people can't pay it, and people are out of work.

It's a series of very clear simple dots that can be laid directly at their doorstep.

It goes to credibility, they have none. And now we have tax.  

If Labour go to the next election with a package of new taxes, like capital gains, they may as well not campaign.

They will have a two-fold problem. One, the recent memory of their performance in government is still fresh in voters' minds. Two, a new idea being we will tax you some more for good measure.

They will, of course, be facing a government that has cut taxes and may well, if they are lucky, have an economy with some real steam driving it.

If Hipkins makes it that far, his vision will seem so weird, so out of touch, and so ideologically mad he will not only lose, but quite possibly badly.

You can't hide your past; you can hope people forget, and time helps that.

But if more tax is their calling card for 2026, it's game over before it's even started.

You can see how the rumblings around the future of Chris Hipkins as Labour Leader have started. 
They have added to their problems this week with the social media post from David Parker wittering on about his tax dream. The old Capital Gains Tax, get all those rich bastards lined up and raid their pockets. 
It's a sorry old state they find themselves in. 
The power crisis is a nadir of sorts. The cold hard reality of their policies has come home to roost for us and haunt them. 
You can argue the same around the economy, in general of course, and their Covid approach. Three recessions in two years. A record unmatched by anyone I can find is pretty damning for a government that spent six years basically wrecking the place. 
But the power is indisputable. We have no gas because we haven't looked for any because they closed it down. 
The lack of rain or wind isn't their fault, but the fragility of the system is. All the stuff they said would happen to close the gap hasn’t. The Onslow idea went nowhere. And the simple, irrefutable truth is as a result of a lack of supply is the price is up, some people can't pay it, and people are out of work. 
It's a series of very clear simple dots that can be laid directly at their doorstep. 
It goes to credibility, they have none. And now we have tax.   
If Labour go to the next election with a package of new taxes, like capital gains, they may as well not campaign. 
They will have a two-fold problem. One, the recent memory of their performance in government is still fresh in voters' minds. Two, a new idea being we will tax you some more for good measure. 
They will, of course, be facing a government that has cut taxes and may well, if they are lucky, have an economy with some real steam driving it. 
If Hipkins makes it that far, his vision will seem so weird, so out of touch, and so ideologically mad he will not only lose, but quite possibly badly. 
You can't hide your past; you can hope people forget, and time helps that. 
But if more tax is their calling card for 2026, it's game over before it's even started.

Mike's Minute: Surely the clock is ticking for Chris Hipkins

The Italian investigation into the deadly sinking of the 'unsinkable' Bayesian superyacht could drag on a while. 

New Zealand-born captain James Cutfield is being investigated for possible manslaughter and negligent shipwreck charges. 

He's being advised by two Italian lawyers, and has so far exercised his right to silence. 

Italy correspondent Jo McKenna told Mike Hosking the investigation could take some time, particularly as the yacht needs to be brought to the surface. 

She says before they do that they'll have to secure fuel supplies to ensure there's no leakage, which could take several weeks. 

McKenna says it took 11 months for the captain of the Costa Concordia to be charged. 

LISTEN ABOVE

The Italian investigation into the deadly sinking of the 'unsinkable' Bayesian superyacht could drag on a while.  
New Zealand-born captain James Cutfield is being investigated for possible manslaughter and negligent shipwreck charges.  
He's being advised by two Italian lawyers, and has so far exercised his right to silence.  
Italy correspondent Jo McKenna told Mike Hosking the investigation could take some time, particularly as the yacht needs to be brought to the surface.  
She says before they do that they'll have to secure fuel supplies to ensure there's no leakage, which could take several weeks.  
McKenna says it took 11 months for the captain of the Costa Concordia to be charged.  
LISTEN ABOVE

Jo McKenna: Italy Correspondent on the investigation into the sinking of the Bayesian superyacht

On the Mike Hosking Breakfast Full Show Podcast for Thursday 29th of August, the Darleen Tana saga has yet another chapter with legal action now underway. Mike gets all the details from University of Otago Law Professor, Andrew Geddis.

Education Minister Erica Stanford reacts to the low pass rates on NCEA's numeracy and literacy tests - and promises action to lift achievement.

Mike finds out about Fonterra's latest version to diversify its product range.

Triple Paris Olympic medallist Ellesse Andrews pops into the studio to talk her success and what the future holds.

And you might just be surprised on how much social media influencers earn.

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.

LISTEN ABOVE

On the Mike Hosking Breakfast Full Show Podcast for Thursday 29th of August, the Darleen Tana saga has yet another chapter with legal action now underway. Mike gets all the details from University of Otago Law Professor, <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/andrew-geddis-otago-university-law-professor-on-darleen-tanas-legal-action-against-the-green-party/">Andrew Geddis</a>. 
<a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/erica-stanford-education-minister-on-the-ncea-prerequisite-test-failure-rates/">Education Minister Erica Stanford</a> reacts to the low pass rates on NCEA's numeracy and literacy tests - and promises action to lift achievement. 
Mike finds out about Fonterra's latest version to diversify its product range. 
Triple Paris Olympic medallist <a href="/{localLink:umb://document/dcecd7a526c34000bf74e8e3d334dc8b}" title="Ellesse Andrews: Kiwi Olympic Cyclist on her success in the 2024 Paris Games and cycling in New Zealand">Ellesse Andrews</a> pops into the studio to talk her success and what the future holds. 
And you might just be surprised on how much social media influencers earn. 
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. 
LISTEN ABOVE

Miles Hurrell: Fonterra CEO on the company's expansion into high protein ingredients

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