Positive trends for dairy – banker
The downturn in the dairy industry is likely to bring positive changes in the way farms are managed, says ANZ’s managing director for commercial and agri, Graham Turley.
ANZ has won CANSTAR's Best Agribusiness Bank award for 2013, following a win in the inaugural competition last year.
The award goes to the institution that provides the best combination of products and services to agribusiness customers. Last year it was won by National Bank, which has merged with ANZ.
ANZ's managing director commercial & agri, Graham Turley says since bringing the ANZ and National Bank brands together, it has worked very hard to deliver the high standards of service and products to commercial and agri customers that they enjoyed under the National Bank.
"The award recognises that we've achieved that," he says.
"Our customers have access to more agri managers in more locations across the country."
"They also have access to our other specialist products, such as equipment finance, insurance and wealth offerings, as well as specialist support in interest rate, currency risk and commodity risk management.
"Our customers can also count on us for information and research - from economic reports and surveys to seminars and benchmarking – to help grow their businesses and make them more efficient. As New Zealand's largest rural lender, we work hard to provide support for every area relevant to our agribusiness industry."
CANSTAR New Zealand National Manager Derek Bonnar says ANZ performed exceptionally strongly across all areas under consideration by the judges.
"We not only look at products, but also how the institutions work with and serve the local communities they're apart of," Bonnar says
Agrisea NZ has appointed Craig Hudson as it's new chief growth officer.
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
Tony Aitken, chief executive of Ruralco, has been awarded the Excellence in Business Leadership Award at the ANZ Business of the Year Awards.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.
Fonterra farmer shareholders and unit holders are in line for another payment in April.

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