Tuesday, 28 October 2025 11:55

BNZ launches First Farm initiative to support aspiring dairy farmers

Written by  Staff Reporters
BNZ general manager agribusiness and corporate banking Dave Handley BNZ general manager agribusiness and corporate banking Dave Handley

BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.

BNZ’s First Farm proposition helps lower barriers to entry for first-farm buyers or those buying their first dairy herd by reducing deposit requirements.

It also pairs every approved customer with an experienced farmer mentor for their first two seasons. This is to help ensure their first steps into farm ownership or sharemilking are a success.

BNZ general manager agribusiness and corporate banking Dave Handley says farmers are the backbone of our rural communities and contribute significantly to the economy.

“For many young farmers, getting their first foothold on the farming ladder is very challenging. First Farm is about bridging that gap by making ownership more achievable,” says Handley.

More like this

Good times return

Following several years of pain, farmers and growers are facing a decent upswing in commodity prices, say economists.

Featured

Te Radar celebrates kiwi farming heritage in latest release

Undoubtedly the doyen of rural culture, always with a wry smile, our favourite ginger ninja, Te Radar, in conjunction with his wife Ruth Spencer, has recently released an enchanting, yet educational read centred around rural New Zealand in one hundred objects.

National

Machinery & Products

» Latest Print Issues Online

Milking It

Price cut coming?

OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.

Butter price melt

OPINION: Are the heydays of soaring global demand for butter over?

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter