The 8 things that mattered this week included big Government decisions on mycoplasma bovis and methamphetamine contamination of houses, the return of Heather 'H2' Simpson to oversee a major and potentially problematic health sector review, fresh criticism of New Zealand as the 'soft-underbelly' of the Five Eyes security alliance, Rob Everett's warning to banks operating at the 'edge of the law', the Law Society's mea culpa in the wake of the #metoo moment at Russell McVeagh, the frustrating weakness in business confidence and the latest turmoil around Donald Trump's trade wars and the eurozone debt crisis.
The Reserve Bank is warning banks to be "far more prudent" about lending to dairy farmers, but says it doesn't see mycoplasma bovis as a threat to financial stability.
The Government plans to eradicate mycoplasma bovis over 10 years, but will start by allowing mass stock movements from Friday that rely on a discredited tracking system, Thomas Coughlan reports.
Compensation paid to oyster farmers is less than one-tenth paid to livestock farmers affected by Mycoplasma bovis. David Williams reports.
The Government has announced that it will attempt to eradicate the cattle disease mycoplasma bovis.
Ahead of today’s crucial Cabinet decision about the Mycoplasma bovis response, David Williams argues that MPI has a huge job ahead – to regain farmers’ trust.
Here are the eight news events that mattered this week in New Zealand's political economy.
May 28 decision - Prime Minister Jacinda Ardern said yesterday the Government and industry leaders would have to make a decision within seven days on whether to try to keep eradicating mycoplasma bovis, or whether to accept it is here to stay and manage its effects. A final decision looks set to be made at next Monday's cabinet meeting, which is just four days before the June 1 'Gypsy Day' when sharemilkers move thousands of cows around the country.
Here is the news that mattered this morning in New Zealand's political economy, including a looming decision on dealing with mycoplasma bovis, the start of printing of Budget 2018, a blowout in the state housing needs list, Shane Jones' latest attack on Air New Zealand and North Korea's threat to the nuclear summit next month.
The arrival of Mycoplasma bovis has been a huge wake-up call for the country’s animal tracing system. David Williams reports on the drive to improve it.