Morning Report

Wairoa District mayor Craig Little is worried overuse of the state of emergency could lessen the impact for residents. Mayor Little spoke to John Campbell.

Fonterra shareholders are flush with cash this morning, after receiving their share of the sale of the company's consumer brands. Wayne Langford is a sixth-generation dairy farmer in Golden Bay, and the president of Federated Farmers. He spoke to Ingrid Hipkiss.

The reliability of the Cook Strait ferries is dragging the country's reputation down, according to an international tour operator. Mary Argue reports.

The US navy is blockading Iran's ports in the Strait of Hormuz, saying any ships that approach it will be immediately eliminated. Correspondent Simon Marks spoke to John Campbell from Washington.

An early morning update from RNZ's business team.