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."
Farmer-owned fertiliser company, Ballance Agri Nutrients is welcoming National’s plan to negotiate security agreements with key supplier countries to protect New Zealand-bound products from export restrictions and greater supply chain certainty.
Carrfields has announced the appointment of Stu Hall to the newly created role of chief operating officer, Carrfields Ltd, reflecting the continued growth of their agribusinesses and the need to ensure the company has the leadership capacity and support in place as it pursues the emerging opportunities ahead.
New Zealand's role is not to compete with Indian growers, according to NZ Apples and Pears.
The potato industry is celebrating the success of two rising stars - James Blair, the 2026 Young Grower of the Year and runner-up and innovation award winner, Amber Davy.
Twenty-eight emerging leaders from across the horticulture sector spent two days last month learning valuable skills and connecting with industry experts.
There are five entrants in this year’s Young Horticulturist of the Year, competing in a series of technical, practical, business and leadership challenges.

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