Commerce Commission files proceedings against Westpac
The Commerce Commission has announced that it has filed proceedings against Westpac New Zealand.
Many agricultural loans will now be guided by sustainability considerations including climate change mitigation and adaptation, water use, waste minimisation, labour rights and animal welfare.
This follows the launch last week of the Sustainable Agriculture Finance Initiative (SAFI) guidance.
ASB, ANZ, BNZ, Rabobank and Westpac, and the Ministry for Primary Industries (MPI) joined forces in early 2020 to develop the SAFI guidance, to improve the flow of sustainable finance to New Zealand’s agricultural sector.
The SAFI guidance is intended to support a framework, from the finance sector, for integrating sustainability considerations into funding for New Zealand’s agricultural sector.
Brett Wotton, an Eastern Bay of Plenty kiwifruit grower and harvest contractor, has won the 2025 Kiwifruit Innovation Award for his work to support lifting fruit quality across the industry.
Academic Dr Mike Joy and his employer, Victoria University of Wellington have apologised for his comments suggesting that dairy industry CEOs should be hanged for contributing towards nitrate poisoning of waterways.
Environment Southland's catchment improvement funding is once again available for innovative landowners in need of a boost to get their project going.
The team meeting at the Culverden Hotel was relaxed and open, despite being in the middle of calving when stress levels are at peak levels, especially in bitterly cold and wet conditions like today.
A comment by outspoken academic Dr Mike Joy suggesting that dairy industry leaders should be hanged for nitrate contamination of drinking/groundwater has enraged farmers.
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