Media monitoring

Bernard’s pick of the news links - Oct 31

Twyford denies he misled Parliament over NZTA rejection of NZ Super plan for Light Rail; Julie-Anne Genter and the second Mt Vic tunnel; NZ Oil and Gas faces takeover

NZ
Thomas Coughlan (Stuff) For the second day in a row, Phil Twyford looks like he's given Parliament the wrong information
Thomas Coughlan (Stuff) The true cost of Phil Tywford's billion dollar memory lapses
Damian George and Mandy Te (Stuff) Genter wanted tunnel project delayed
Henry Cooke(Stuff): National attacks proposed student voice centre as 'taxpayer-funded training for Labour activists'
Jane Patterson (RNZ): Details of Julie Anne Genter's letter to Phil Twyford released
Jane Patterson (RNZ) Plans to combat misinformation in election-year referendum debates
Tom Pullar-Strecker (Stuff): BNZ says Reserve Bank sounding less committed to November rate cut
John Anthony(Stuff): Two million reasons why Christopher Luxon will want new Air New Zealand CEO Greg Foran to do well
Rachael Kelly (Southland Times): Investigation into alleged dumped aluminium by-product in Southland launched
Collette Devlin(Stuff): Opposition says terror law deal with Greens undermines intelligence agencies
Hamish McNeilly(Stuff): Dunedin's Hillside railway workshop back on track with Provincial Growth Fund boost
Emma Dangerfield(The Press): Filipino farmer grows a new life in NZ after rough beginning
1News: Waikato farmer fined nearly $100k for 'reckless', illegal effluent discharging
Mark Patterson (Stuff): Opinion- Farming's quiet revolutionaries have role to make Govt freshwater proposals workable
Rebecca Black (The Press):Young dairy farmers leave conventional methods behind
Michael Daly (Stuff): Homes of 240,000 Kiwis in way of worst case 2100 sea level rise, study indicates
RNZ: Twyford to correct comment about NZTA board
John Gerritsen (RNZ): Ministry wants to ban choke-risk foods like saveloys, dried fruit and nuts from ECE centres
Newstalk ZB: Rising cost of university accommodation hurting students

Business/Corporate
Anne Gibson(Herald): Kiwi Property in trading halt, $200m offer launched to repay debt and expand
Kate Macnamara (Stuff) New Zealand Oil and Gas takeover looms
Herald: Sunwin Technologies, a former Chorus subcontractor, ordered to pay more than $50,000 by Employment Relations Authority
Gareth Vaughan (Interest): Harmony raises $46.9mln to help fund Aussie growth
Jamie Ensor (Newshub): New Zealanders demanding ethical Kiwisaver investments - survey
Boris Jancic (Herald): Measles vaccines at pharmacies get green light

Lunchtime leanbacks
Regenerative farming is definitely a thing in America, as Civileats reports.

Key quote: "General Mills, the packaged food giant, is one of several Big Food corporations jumping on the regenerative agriculture bandwagon, escalating the buzz around the idea that capturing carbon in the soil could reverse climate change. The company took the lead when it announced this spring that it would apply regenerative agriculture to 1 million acres by 2030—about a quarter of the land from which it sources ingredients in North America.”

But also: "Some scientists remain skeptical about whether regenerative agriculture is as revolutionary as its proponents claim. For instance, Andrew McGuire, an agronomist at Washington State University, has questioned the results Gabe Brown has achieved on his farm, writing that his “extraordinary claims” haven’t been replicated enough times to prove they are “real and repeatable.” He challenged the regenerative ag community to prove that it’s not the “cold fusion of agriculture.”

Another thing is millennials saying ‘ok boomer’ to Boomers. Now there’s merchandise, as Taylor Lorenz points out at NYT

Where are New Zealand’s neo banks? The Economist details how and why they’ve taken off in Europe.

Key quote: "Neobanks have two big cost advantages: the absence of branches and their up-to-date cloud-based software. Branches and the associated staff are responsible for as much as half of a high-street bank’s costs. And if it is still running on a legacy mainframe, three-quarters of its IT budget is likely to go on “keeping the lights on”, says Dharmesh Mistry of Temenos, which sells cloud-native banking software. Industry insiders say that a conventional bank has to make in the region of $200-400 a year per customer to break even, and each new account adds significant marginal cost. For a neobank, even including product development, customer acquisition and so on, the equivalent figure is around $50-60, and the marginal cost of maintaining each extra account is close to zero."
 

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