Rising Fuel and Fertiliser Costs Hit NZ Farmers, ANZ Report Finds
According to the latest ANZ Agri Focus report, energy-intensive and domestically-focused sectors currently bear the brunt of rising fuel, fertiliser and freight costs.
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.
A verbal stoush has broken out between Federated Farmers and a new group that claims to be fighting against cheaper imports that undermine NZ farmers.
According to the latest ANZ Agri Focus report, energy-intensive and domestically-focused sectors currently bear the brunt of rising fuel, fertiliser and freight costs.
Having gone through a troublesome “divorce” from its association and part ownership of AGCO, Indian manufacturer TAFE is said to be determined to be seen as a modern business rather than just another tractor maker from the developing world.
Two long-standing New Zealand agricultural businesses are coming together to strengthen innovation, local manufacturing capability, and access to essential farm inputs for farmers across the country.
A new farmer-led programme aimed at bringing young people into dairy farming is under way in Waikato and Bay of Plenty.
The Government has announced changes to stock exclusion regulations which it claims will cut unnecessary costs and inflexible rules while maintaining environmental protections.

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