Monday, 30 March 2015 00:00

Coming to a stream near you

Written by 
Westpac head, David McLean planting a tree on a Manawatu farm. Westpac head, David McLean planting a tree on a Manawatu farm.

Local Westpac bank staff could find themselves up a creek near you if their chief executive David McLean has his way.

Westpac is a sponsor of a project called Million Metres Streams (MMS), designed to encourage farmers – dairy and drystock – to plant trees along streams on their farms. 

The scheme is different from the Sustainable Dairying: Water Accord in that it’s voluntary and requires any land planted to be placed under a QEII covenant and fenced. The project is evaluated and if successful the cost of the trees will be paid for by sponsors.

MMS is run by the Sustainable Business Network and gets sponsors such as Westpac to pay for the trees and their planting. 

Recently McLean, whose bank has put up $10,000 to sponsor planting on a Manawatu farm, was out in the field helping to plant trees.

“The way it works is that the local farmer covenants part of their land under the QEII Trust,” he says. “This is particularly non-productive land that is prone to erosion along the waterways so they’re not giving up much in the way of productive land. We picked up the cost of planting 275m of stream which took 2500 plants.”

McLean says the aim of the scheme is to protect New Zealand’s brand as a sustainable producer of high quality food, important particularly in light of the recent 1080 scare – a disgusting act by a deranged individual, he says.

MMS is a positive way of cleaning up waterways and providing good buffer zones between pastures and streams that could be subject to nitrogen run-off, he says. All farmers are in view – not just dairy farmers. 

Professionals have been doing some of the planting but McLean hopes also for volunteer efforts, including Westpac staff given time off to help plant in their regions.

Westpac has put up an initial $10,000 but is open to doing more; no budget figure has been set, McLean says.

“We want to be big in rural, an important part of the economy. As a bank we want to support rural communities.”

More like this

Export prices set to remain elevated

Horticultural prices are set to remain elevated this year, reflecting the balance between demand in key export markets and an increase in supply.

Feds, banks lock horns

Major rural lenders are welcoming a call by farmers for the Commerce Commission to investigate their net-zero emissions target.

Featured

$2b boost in NZ exports to EU

New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.

US tariffs hit European ag machinery markets

The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.

Tributes paid to Jim Bolger

Dignitaries from  all walks of life – the governor general,  politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and  friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.

National

Machinery & Products

» Latest Print Issues Online

Milking It

Fonterra vote

OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.

Follow the police beat

OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter