Momentum's sky-high for state-owned farming enterprise Pāmu.

Landcorp's half-year net operating profit jumped $28 million - from a $2 million loss in December 2024 to a $26 million profit last December.

It's forecasting a record full-year net operating profit of up to $107 million.

The Country's Jamie Mackay explained further.

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Tonight on The Huddle, Auckland councillor Maurice Williamson and former Labour Chief of Staff Mike Munro joined in on a discussion about the following issues of the day - and more!

Early childhood education fees have soared, which could see more facilities closing their doors. Do we need the Government to intervene and help keep these facilities going?

The People’s Select Committee of former MPs has written a report criticising the Government for scrapping the pay equity law last year. Do we agree with this?

Private medication platform MediMap was reportedly hacked, with unauthorised changes made to people's records. What do we make of this?

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On the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday, 24 February, 2026, we talk to former National MP Marilyn Waring about the Unofficial People's Select Committee report on pay equity changes.

We ask Ukraine's ambassador what it would take to end the four-year war with Russia.

A third of New Zealanders have savings of less than $500 - but South Islanders are better savers.

And on The Huddle, Maurice Williamson and Mike Munro argue about parents facing increasing charges for early childhood education.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

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So, the People’s Select Committee of former MPs has reported back today and, completely unsurprisingly, has slammed the Government for scrapping the pay equity law last year.

Which is fair enough in some ways, it was a shoddy process. The MPs say it offends the rule of law and they’re probably right.

It was done in a hurry to save last year’s Budget, rushed through under urgency and changed the rules retrospectively. It’s all really cynical stuff from a Government and too much of that sort of behaviour undermines confidence in the way the system works.

But even though they make some fair points and mount some fair criticism of the way Nicola Willis and Brooke van Velden ran this thing out, I can’t get past the next question I have, which is: so what?

What do these former MPs think will happen as a result of this report? The pay equity scheme is not going to be brought back in the form it previously existed. It’s far too expensive.

The cost to the Government was estimated at $13 billion over four years. The cost to the entire economy would have been much, much higher.

The former MPs want political parties to make it a bottom line to reintroduce the scheme after the election. No party can credibly commit to that.

Where would they find $13 billion, other than by making the country’s already worrying structural deficit even worse and adding to our already far-too-large debt?

Chippy will make noises about bringing it back, but press him a little harder - ask him where he’s going to find the money - and you don’t get any sufficient answers.

Ultimately, that’s where the argument ends - where do you find the money?

Yes, it was bad lawmaking. Yes, people were hurt by it. Yes, it’s fair to criticise. But where do you get the money?

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