Spiralling energy costs and falling paper prices land ‘devastating’ blow on Tokoroa
The 230 workers set to lose their jobs at Tokoroa’s Kinleith Mill - 2.2% of the entire South Waikato workforce - have been caught between double-digit production cost hikes and falling paper prices in what one economist said is a “devastating” blow to the Waikato town.
News of the job cuts came on Wednesday after workers were told parent company Oji Fibre Solutions was facing “extreme financial headwinds”.
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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41.5% Yes
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33.7% Maybe?
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24.8% No
Fonterra cuts forecast milk forecast after a ninth straight global dairy trade auction dip
Fonterra has cut its forecast Farmgate Milk Price for the 2025/26 season after a ninth straight global dairy trade auction dip.
On Thursday, the Co-op adjusted the forecast range from $9-$10 per kilo of milk solids to $8.50 to $9.50 with the midpoint changing from $9.50 per to $9.
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