Pāmu FY26 Report: Profit More Than Doubles to $113m
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
A renowned conservationist says the world and New Zealand is failing to fulfil many of the basic principles of sustainability.
The conservationist, Emeritus Professor Sir Alan Mark, says we must face up to our situation in order to avert serious risks.
Mark, of the University of Otago, spoke at Lincoln University as keynote speaker for the university's annual state of the nation's environment address.
During his presentation, he suggested that economic growth had become "an end unto itself rather than a means to a better life" and this is bad news for sustainability.
"Many people assume that if we have a healthy economy, other aspects of well-being will follow," says Mark.
"How do we achieve a sustainable economy with a financial system that requires growth for stability?"
Mark raised several environmental concerns affecting New Zealand, including widespread rangeland degradation and loss of biodiversity in areas such as the Denniston Plateau and Secretary Island.
He also pointed out that the increasingly extreme weather patterns seen in the country were likely symptomatic of global warming.
On the Trans Pacific Partnership Agreement, Mark describes it as problematic as it offers "multinational corporations the ability to sue governments for losses relating to policies designed to protect the environment."
"Economic development is now outstripping environmental sustainability in many areas," he said. "Adaptation, or market forces alone, are not viable options to address the environmental crisis.
"GDP is a crude measure of goods and services, wealth and well-being and we need to get away from solely focusing on this as an indicator of a country's performance. Better indicators are healthy children, quality of life and education, native forests and white sandy beaches, as is covered by the Genuine Progress Indicator (GPI) approach to assessing our human welfare.
"To ignore the symptoms of environmental degradation is to fail future generations."
Agri-tech company Herd-i has become a new all-region sponsor of the New Zealand Dairy Industry Awards (NZDIA), the largest nationwide celebration of excellence in the dairy sector.
Four candidates have been confirmed for two director positions on Fonterra’s board.
Returning to the family dairy farm after playing 20 years of professional rugby around the world is no easy task.
After delivering another record farmgate milk price to 100 supplying farms, independent milk processor Tatua is entering thee new financial year with a positive outlook.
Managing feed by sticking to a firm plan has helped the Southern Dairy Hub (SDH) demonstration farm survive an extremely wet winter, says the farm's acting general manager Greg Delaney.
A record farmgate milk price and strong global demand is laying the foundation for continued growth of organic dairy farming in New Zealand.

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