Rabobank cuts loan rate
Rabobank New Zealand will reduce the variable base rate on its rural loans by 0.5%, effective from 16 October 2024.
New Zealand wine industry luminary Sir George Fistonich has been named the recipient of the 2013 Rabobank Leadership Award for his outstanding contribution to agribusiness.
Fistonich, the founder and owner of Villa Maria Estate, was presented with the prestigious trans-Tasman honour at the annual Rabobank Leadership Award Dinner in Melbourne last night.
Announcing the award winners, Rabobank Australia & New Zealand Group managing director Thos Gieskes said Fistonich had spent five decades at the forefront of New Zealand's wine industry and had been an instrumental figure in the rise of New Zealand wines on the world stage.
"In a career spanning 50 years, George Fistonich has exemplified true leadership along with an extraordinary passion for the New Zealand wine industry – successfully leading not just his own business, but helping to pioneer and drive an entire industry and inspire and mentor those around him," says Gieskes.
"He has taken Villa Maria Estate from a 'one-man band' to its position today as a successful global brand, sold in more than 60 countries around the world.
"Along the way, he has been a leader and pioneer at the forefront of New Zealand's wine industry, helping to drive and develop not only New Zealanders' taste and appreciation for wine, but also the standing and reputation of New Zealand wine in the global market."
The son of Croatian migrants, had founded Villa Maria at just 21 years of age, in 1961, when New Zealand's wine industry was in its infancy, leasing five acres of land from his father in Mangere, Auckland and beginning with just one acre of vines.
"With the support of his wife Gail in his venture, George harvested his first grapes in 1962 and began making dry red and wine wines, sourcing additional grapes from the greater Auckland region.
"George's passion for winemaking and commitment to quality saw Villa Maria expand rapidly from the early 1970s to its position today where it employs more than 250 permanent staff, is a significant global exporter and has held the title of New Zealand's most awarded winery for more than 33 years."
Prime Minister Christopher Luxon says the relationship between New Zealand and the US will remain strong and enduring irrespective of changing administrations.
More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.
Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.
As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.
Livestock can be bred for lower methane emissions while also improving productivity at a rate greater than what the industry is currently achieving, research has shown.
OPINION: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of…
OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the…