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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.
A drop in methane targets announced by the Government this month has pleased farmers but there are concerns that without cross-party support, the targets would change once a Labour-led Government is voted into office.
OPINION: This old mutt is loath to sound like Groundswell has been topping up his bowl with brisket off-cuts, but the ginger group makes a good point about the arguments raised in favour of toeing the Paris Agreement line.
The ACT Party's call for a better deal on the Paris Agreement on climate change is being backed by farmer organisations.
A fundraising initiative, backed by local businesses, has been organised at ANZ Morrinsville branch to raise funds for the Cancer Society.
The Taranaki region is enjoying one of the highest gross domestic product (GDP) per capita figures in New Zealand, thanks to high farmgate dairy prices.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
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.
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.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.
