Farmers want probe into banks' emissions targets
Farmers want the Commerce Commission to investigate whether pursuit of net-zero strategies and targets by New Zealand banks breaches competition rules.
The Commerce Commission has launched its Rural Connectivity Study today, aiming to paint a detailed picture of the rural telecommunications market.
The survey will examine the options available to rural communities, businesses and farmers beyond the national UFB fibre footprint and how these are performing.
Following the roll-out of fibre to 87% of the population, Commissioner, Tristan Gilbertson, says this Study represents the beginning of a deeper dig into the state of connectivity in rural areas and how the remainder of New Zealanders are impacted.
“The vast majority of Kiwis now have access to world-class fibre broadband – but there are still a significant number of consumers living in rural and remote areas where services might not be available, can cost more, and don’t generally perform as well,” Gilbertson says.
“We’re launching this Rural Connectivity Study so that we have better information about the technologies available outside fibre areas – we want to be able to map the areas where they are offered and who they are offered by."
He says the Commission is interested in the pricing of these technologies, their performance, and what the consumer experience looks like.
“While our most recent Measuring Broadband New Zealand report shows the potential of satellite for these areas, we want to know more about the full range of options available to rural consumers,” Gilbertson says.
“This Study will be a key vehicle for closing the information gap we have between urban and rural, and the outputs will also be helpful for policymakers, advocacy groups and rural consumers.”
Gilbertson says to build a comprehensive picture of rural connectivity in New Zealand, the Commission will engage directly with various stakeholders, including network operators and service providers, end-users, advocacy groups and government departments.
Farmlands says that improved half-year results show that the co-op’s tight focus on supporting New Zealand’s farmers and growers is working.
Horticulture New Zealand (HortNZ) says that discovery of a male Oriental fruit fly on Auckland’s North Shore is a cause for concern for growers.
Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.
Beef + Lamb New Zealand (B+LNZ) is having another crack at increasing the fees of its chair and board members.
Livestock management tech company Nedap has launched Nedap New Zealand.
An innovative dairy effluent management system is being designed to help farmers improve on-farm effluent practices and reduce environmental impact.
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