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OPINION: Groundswell has given ANZ a shout-out for, so far, being the only one of the big four Aussie-owned banks not to set emissions reduction targets for its dairy sector loan book.
While some banks are busy imposing emissions limits on farms they lend to – a practice critics say exceeds their mandate – ANZ is resisting the PC pressure to do the same. “At the moment, we’re not setting a dairy target, and the reason is that we don’t see the pathway clearly for our dairy customers to reducing emissions,” ANZ’s New Zealand chief executive Antonia Watson told The Post.
ANZ’s stance comes amid a banking inquiry and mounting criticism by farmers of their banks, plus anger at three of the four Aussie banks for setting tougher farm emissions reduction targets in NZ than they did in Australia.
OPINION: Many sheep and beef farmers will be worse off under the new environment legislation than they were under the Resource Management Act (RMA), claims Beef+Lamb New Zealand (B+LNZ) in an email to levy payers.
New Zealand farming is riding a high, with strong prices, full feed covers and improving confidence lining up at the same time.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
ANZ's chief executive Antonia Watson says agriculture has proven to be “a shining light” for New Zealand’s economy.
ANZ New Zealand is encouraging farmers and businesses impacted by the recent extreme weather that hit Southland and South Otago last week to seek support if they need it.
The subdivision and sale of the Rangiora's Coldstream Estate in 1921 was advantageous for not one, but four Cantebury families - but one in particular has become synonymous with outstanding Holstein Friesian cattle.
The Beef + Lamb New Zealand (B+LNZ) annual meeting held in Timaru today saw directors' fees raised and the appointment of KPMG as an auditor for the levy body.
A new Westpac NZ community banking van begins making visits around Northland this week.
New Zealand Food Safety (NZFS) is sharing guidance to prevent people from contracting listeriosis, a rare yet life-threatening foodborne illness.
As cost-of-living pressures continue to bite Kiwi households, the Fruit in Schools (FIS) programme is helping fuel learning and improve the health and wellbeing of 127,000 children and staff.
OPINION: Public opinion, political pragmatism and commercial and market reality have caused the Government to abandon introducing legislation into Parliament to legalise the shipment by sea of live animals - mainly cows - to overseas destinations.
OPINION: The good news keeps getting better for NZ dairy farmers.
OPINION: With export of livestock by sea dead in the water, opponents of the Gene Technology Bill think they can…
