Latest news with #Trans-Tasman
Scoop
30-06-2025
- Politics
- Scoop
Gene-Edited Foods Could Hit Shelves Without Labels Under New Trans-Tasman Proposal
Organics Aotearoa NZ is warning that a new proposal from Trans-Tasman food regulator, Food Standards Australia New Zealand (FSANZ) would allow genetically modified foods created using new gene editing methods to enter our food system without labelling, safety checks, or traceability. The proposal could make Australia the first country globally to deregulate both plants and animals without oversight, with New Zealand expected to follow. The proposal, known as P1055, would exclude foods produced using New Breeding Techniques (NBTs) from GM classification, despite involving artificial genetic modification. Research indicates potential risks, including unintended genetic changes and unknown long-term health and environmental effects, yet consumers would have no way to identify these products on supermarket shelves. Brendan Hoare, GE spokesperson for Organics Aotearoa NZ, said: 'FSANZ is pushing through changes without any economic, business or trade impact analysis that could fundamentally alter what's on our dinner plates, without proper consultation or safety testing. The science is clear: while NBTs may not always introduce novel DNA, they still alter the cell's biochemistry, and things can go wrong through omissions, rearrangements, or unintended effects. New Zealanders deserve the right to know what's in their food. What gives regulators the confidence to think otherwise? OANZ says FSANZ concluded gene-edited foods pose no new risks without providing supporting evidence or allowing meaningful industry response to their findings. This isn't happening in isolation, it's part of a coordinated shift toward GM foods in our region, happening while consumers are kept in the dark. OANZ is calling for an immediate pause on P1055 until independent trade impact and cost-benefit analyses are completed, and full labelling requirements are restored. OANZ is now seeking urgent meetings with New Zealand Ministers Andrew Hoggard and Casey Costello, and is working alongside Australian Organics Ltd and allied groups to mobilise opposition to the proposal. Organics Aotearoa New Zealand (OANZ) is the national body representing New Zealand's organic sector. Established in 2006, OANZ was created to unite the country's organic organisations and provide a strong, collective voice to policymakers and the public. Our mission is to accelerate the transition to organic regenerative food and farming systems, supporting and advocating for the organic sector across Aotearoa New Zealand.
Business Recorder
23-06-2025
- Business
- Business Recorder
Australia, New Zealand dollars fall with global stocks after US strikes Iran
SYDNEY: The Australian and New Zealand dollars fell with global stocks on Monday after the US bombed nuclear facilities in Iran, although they found some chart support to lean on and bounced off earlier lows. Investors were anxiously waiting to see if Iran would retaliate with the closure of the Strait of Hormuz through which around 20% of the world's daily oil and gas demand flows, with resulting risks to global activity and inflation. The weekend US strike did send the Aussie to a three-week low of $0.6416 early on Monday, but it soon found support at the 200-day moving average of $0.6423. It was last off 0.3% at $0.6430. The kiwi similarly touched a three-week trough of $0.5929, before paring some of the losses to be down 0.3% at $0.5947. It has support at $0.5926. The commodity-sensitive currencies often track global risk sentiment and tend to take a hit when equity markets slide. Joseph Capurso, head of international economics at the Commonwealth Bank of Australia, expects the Aussie could test $0.6307 and possibly $0.6157 this week, depending on whether the Middle East conflict escalates. 'We expect these moves will start small in the Asia session and expand in the London session, unless there is soothing news from Iran or the US,' said Capurso. 'We expect intraday trading ranges to be wide this week.' Down Under, Australia will publish the monthly inflation reading for May on Wednesday. Expectations are centred on an annual rise of 2.3%, slowing from a gain of 2.4% in April. That is the last major data point before the Reserve Bank of Australia's policy decision on July 8. A strong result could upset market betting for a cut next month, which is currently priced at 78%. New Zealand will publish trade data on Wednesday. Its economy grew faster than expected in the first quarter, supporting the case that the central bank is nearing the end of the easing cycle. Markets see scant chance of the Reserve Bank of New Zealand cutting its 3.25% rate in July, though the probability of an August move is above 60%. 'A solid cyclical upswing appears to be underway in New Zealand, supported by sharply lower interest rates and a strong rise in dairy exports,' said Paul Bloxham, chief economist, Australia, NZ & Global Commodities at HSBC. 'Australia's growth remains hamstrung by a constrained supply-side and weak productivity. Trans-Tasman divergence continues.'
Business Times
23-06-2025
- Business
- Business Times
Australian, New Zealand dollars fall with global stocks after US strikes Iran
[SYDNEY] The Australian and New Zealand dollars fell with global stocks on Monday after the US bombed nuclear facilities in Iran, although they found some chart support to lean on and bounced off earlier lows. Investors were anxiously waiting to see if Iran would retaliate with the closure of the Strait of Hormuz through which around 20 per cent of the world's daily oil and gas demand flows, with resulting risks to global activity and inflation. The weekend US strike did send the Aussie to a three-week low of US$0.6416 early on Monday, but it soon found support at the 200-day moving average of US$0.6423. It was last off 0.3 per cent at US$0.6430. The kiwi similarly touched a three-week trough of US$0.5929, before paring some of the losses to be down 0.3 per cent at US$0.5947. It has support at US$0.5926. The commodity-sensitive currencies often track global risk sentiment and tend to take a hit when equity markets slide. Joseph Capurso, head of international economics at the Commonwealth Bank of Australia, expects the Aussie could test US$0.6307 and possibly US$0.6157 this week, depending on whether the Middle East conflict escalates. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up 'We expect these moves will start small in the Asia session and expand in the London session, unless there is soothing news from Iran or the US,' said Capurso. 'We expect intraday trading ranges to be wide this week.' Down Under, Australia will publish the monthly inflation reading for May on Wednesday. Expectations are centred on an annual rise of 2.3 per cent, slowing from a gain of 2.4 per cent in April. That is the last major data point before the Reserve Bank of Australia's policy decision on July 8. A strong result could upset market betting for a cut next month, which is currently priced at 78 per cent. New Zealand will publish trade data on Wednesday. Its economy grew faster than expected in the first quarter, supporting the case that the central bank is nearing the end of the easing cycle. Markets see scant chance of the Reserve Bank of New Zealand cutting its 3.25 per cent rate in July, though the probability of an August move is above 60 per cent. 'A solid cyclical upswing appears to be underway in New Zealand, supported by sharply lower interest rates and a strong rise in dairy exports,' said Paul Bloxham, chief economist, Australia, NZ & Global Commodities at HSBC. 'Australia's growth remains hamstrung by a constrained supply-side and weak productivity. Trans-Tasman divergence continues.' REUTERS
India Gazette
16-06-2025
- Sport
- India Gazette
ICC announces schedule for Women's ODI World Cup 2025
New Delhi [India], June 16 (ANI): The International Cricket Council (ICC) has unveiled the complete schedule for the 2025 edition of the Women's Cricket World Cup on Monday, according to the ICC website. Hosts India will take on Sri Lanka in the ICC Women's Cricket World Cup 2025 opener on 30 September 2025 in Bengaluru. Meanwhile, reigning champions Australia will open their title defence against Trans-Tasman rivals and defending T20 World Cup champions, New Zealand, in Indore on 1 October. The schedule for the eight-team tournament was confirmed by the ICC on Monday, with the event to run in India and Sri Lanka from 30 September to 2 November. Five cities across the two countries will host matches, with Bengaluru, Vizag, Indore, Guwahati, and Colombo all scheduled for fixtures. One semi-final will be held in Bengaluru, with the other to be played in either Colombo or Guwahati. The Final is scheduled for 2 November in Bengaluru or Colombo. The eight-team tournament will be played in a single round-robin, with the top four sides progressing to the semi-finals. Teams will face the rest of the competition in a single round-robin. Teams will also contest in two warm-up matches each, starting on 24 September. Hosts India will face the 2022 edition of the tournament's runners-up, England, in Bengaluru on 24 September, followed by a clash against South Africa three days later in Guwahati. The upcoming edition will be the 13th since the tournament's inception in 1973. Defending champions Australia, who clinched their seventh title in 2022, went on to top the ICC Women's Championship Standings. The top six teams of the competition qualified automatically for the World Cup. England, New Zealand, South Africa, and Sri Lanka also punched their ticket via the Women's Championship alongside hosts India. The final two spots were decided by the Women's Cricket World Cup Qualifier earlier in the year. Pakistan and Bangladesh booked their passage by finishing in the top two at the Qualifier back in April. (ANI)
Int'l Cricket Council
16-06-2025
- Sport
- Int'l Cricket Council
Schedule unveiled for 2025 ICC Women's Cricket World Cup
The International Cricket Council (ICC) has unveiled the complete schedule for the 2025 edition of the Women's Cricket World Cup. Hosts India will take on Sri Lanka in the ICC Women's Cricket World Cup 2025 opener on 30 September 2025 in Bengaluru. Meanwhile, reigning champions Australia will open their title defence against Trans-Tasman rivals and defending T20 World Cup champions, New Zealand, in Indore on 1 October. The schedule for the eight-team tournament was confirmed by the ICC on Monday, with the event to run in India and Sri Lanka from 30 September to 2 November. Australia lift the Women's World Cup trophy A seventh Women's World Cup title for Australia after they defeated England in the title decider in 2022. A total of five cities across the two countries will host matches, with Bengaluru, Vizag, Indore, Guwahati and Colombo all scheduled for fixtures. One semi-final will be held in Bengaluru, with the other to be played in either Colombo or Guwahati. The Final is scheduled for 2 November in Bengaluru or Colombo. The eight-team tournament will be played with teams facing the rest of the competition in a single round-robin, with the top four sides progressing to the semi-finals. Teams will also contest in two warm-up matches each, starting on 24 September. Hosts India will be facing the runners-up from the 2022 edition of the tournament, England, in Bengaluru on 24 September, followed by a clash against South Africa three days later in Guwahati. The upcoming edition will be the 13th since the tournament's inception in 1973. Defending champions Australia, who clinched their seventh title in 2022, went on to top ICC Women's Championship Standings, with the top six teams of the competition qualifying automatically for the World Cup. England, New Zealand, South Africa and Sri Lanka also punched their ticket via the Women's Championship alongside hosts India, with the final two spots decided by the Women's Cricket World Cup Qualifier earlier in the year. Pakistan and Bangladesh booked their passage by finishing in the top two at the Qualifier back in April. ICC Cricket World Cup, 2025NewsBreaking News
