Fonterra capital return could boost GDP – ANZ Report
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 has taken out CANSTAR's Best Agribusiness Bank award for 2015 – the fourth consecutive year it has won the award.
The award goes to the institution that provides the best combination of products and services to agribusiness customers.
CANSTAR New Zealand general manager Jose George says ANZ continues to strengthen its relevance to the agri sector.
"We were really impressed with how ANZ engages with its agri community through free educational seminars and customer workshops. We also like the fact that ANZ has dedicated agri managers in every part of the country," he says.
"ANZ stands out with their rural finance offerings ranging from a Farm Start-up Package through to their Supply Chain Finance. Taking home the award for the fourth year in a row is a considerable achievement; one that ANZ should be very proud of."
Graham Turley, ANZ's managing director commercial & agri says that winning the award recognises the depth of the expertise and quality of the products the bank offers.
"Our business term loans, credit cards and cash management accounts were stand-out features that helped secure this award."
"We were also recognised for our disaster relief support, environmental loans and work in the community," he says.
Turley says the award is a tremendous reflection of the hard work and commitment of everyone in the sector who provides support for the New Zealand agribusiness industry.
Following a side-by-side rolling into a gully, Safer Farms has issued a new Safety Alert.
Coming in at a year-end total at 3088 units, a rise of around 10% over the 2806 total for 2024, the signs are that the New Zealand farm machinery industry is turning the corner after a difficult couple of years.
New Zealand's animal health industry has a new tool addressing a long-standing sustainability issue.
The Government has announced that ACC will be a sponsor of this year's FMG Young Farmer of the Year competition.
As veterinary student numbers grow to help address New Zealand's national workforce shortge, Massey University's School of Veterinary Science is inviting more veterinary practices to partner in training the next generation of vets.
South Island dairy farmers will soon be able to supply organic milk to Fonterra.

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