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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.
New Zealand milk production is off to a strong start, with the first month of the 2025/26 dairy season recording a whopping 17.8% jump in milk production, compared to the previous season.
OPINION: For most farmers and readers, the term Sustainable Finance Taxonomy will make little sense.
OPINION: Will synthetic milk derail NZ's economy?
OPINION: According to media reports, the eye-watering price of butter has prompted Finance Minister Nicola Willis to ask for a 'please explain' from her former employer Fonterra.
OPINION: As India negotiates to open its borders to more global products, dairy is proving a sticky issue.
Irish meat processor Dawn Meats is set to acquire a 70% stake in Alliance Group, according to a report in The Irish Times.
New Zealand's red meat sector says the United States' decision to increase tariffs on New Zealand exports is disappointing.
Waikato-Bay of Plenty farmer Hugh Jackson recently secured this year’s FMG Young Farmer of the Year title in Invercargill.
From nitrogen limits to ecosystem restoration –farmers and catchment groups are leading a new wave of environmental care, says DairyNZ.
OPINION: The Government's decision to stop local authorities going ahead with reviews of district and regional plans makes sense for several reasons.
With June ending and following the most upbeat National Fieldays for several years, tractor dealers are reporting a lift in sales.
OPINION: Will synthetic milk derail NZ's economy?
OPINION: According to media reports, the eye-watering price of butter has prompted Finance Minister Nicola Willis to ask for a…
