Cable car companies unveil plans to connect Queenstown
A cable car race is underway in Queenstown, as two different companies unveil their schemes to connect the town by high-wire. Whoosh and Southern Infrastructure Ltd have revealed blueprints of their proposed urban transport networks, at the Electrify conference in Queenstown this week. But are these sky high fantasies, or firmly on track? Otago Southland reporter Katie Todd has the story.
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Appointments To Reserve Bank Board
The Reserve Bank of New Zealand – Te Pūtea Matua welcomes the appointment of Grant Spencer and the reappointment of Byron Pepper to its governing Board. Mr Spencer will serve for a five-year term, from 1 July 2025 to 30 June 2030. Mr Pepper will serve for a five-year term from 1 July 2025 to 30 June 2030. Mr Spencer and Mr Pepper were appointed by the Governor-General on the recommendation of the Minister of Finance following their participation in a public appointment process run by Te Tai Ōhanga – The Treasury. Grant Spencer brings extensive expertise in central banking, financial stability, and monetary policy. He held several senior roles at the Reserve Bank of New Zealand, including Deputy Governor, Head of Financial Stability (2007–2017), and Acting Governor (2017–2018). His international experience includes active participation in OECD and EMEAP forums, as well as contributions to the development of New Zealand's capital markets. In addition to his professional experience, Mr Spencer is an Adjunct Professor at Victoria University of Wellington, with academic interests in financial regulation and macroeconomics. He holds advanced qualifications in economics and econometrics. 'Mr Spencer's appointment will enhance the Board's expertise in prudential regulation, macro-prudential policy, and financial market operations, offering complementary strengths to existing board members, particularly in the context of New Zealand's central banking landscape,' RBNZ Board Chair Professor Neil Quigley says. Byron Pepper continues to bring strong governance and financial expertise to the Board. An independent investment banking advisor and director, Mr Pepper has more than 25 years' experience advising corporate and government clients, particularly in the financial services sector across New Zealand, Australia, and internationally. He is the former director of Ando Insurance Group Limited and currently serves as a director or trustee of several New Zealand-based entities. Mr Pepper is also the founder of Vorigo Advisory, following a 22-year career at Goldman Sachs in its global investment banking business. 'We're pleased to reappoint Mr Pepper to the Board,' says Professor Quigley. 'His financial and governance experience continues to add valuable insight to the RBNZ's decision-making.' The Reserve Bank welcomes the contributions of both Mr Spencer and Mr Pepper to its governing Board and looks forward to their support in delivering on Te Pūtea Matua's strategic objectives.

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"New Zealand enjoys an excellent reputation for food safety and suitability - this cannot be jeopardised and will not change." Arbuckle said any proposed changes would be subject to a formal consultation process, with the development of any proposals and consultations expected to take the remainder of the year. "We, and our partner AQ, are doing the right thing by communicating with relevant unions to keep them abreast of developments, even at this very early stage." Consultation on possible changes to meat inspection and supervision requirements could start in August. Any resultant changes would not come into force until next year. AQ chief executive Kim Ballinger said as no consultation process had yet been undertaken, she could not comment on any potential outcome implications at this point. She said they were "incredibly proud of our employees for the exceptional meat inspection service they provide" and looked forward to continuing a premium service for New Zealand exports into the future. "We're continuing to prioritise collaboration with our people and unions, customers, MPI, industry bodies and our other partners, to support New Zealand's red meat sector in providing the high-quality, safe meat products that it's renowned for globally." Richard McColl from the Meat Industry Association, which represented meat processors, said one of the models being explored would give members more control and flexibility. "The current meat inspection model is resource intensive and has not evolved along with other parts of the sector. This programme is about giving meat processors and exporters responsibility and ownership of their own risks. "This programme is an opportunity to explore and consider other meat inspection options to achieve the crucial food safety and market access requirements, while also building a more resilient and higher-skilled workforce, with roles that offer greater responsibility, development, and career progression for the thousands of staff employed by red meat processors." He said whichever model was chosen, the final inspection would always be done by a government employee "Our members' reputations rises and falls on the back of food safety outcomes. New Zealand has one of the highest if not the highest reputation for food safety so none of our members are going to compromise food safety outcomes." Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.