Lamb returns forecast to remain low
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
OPINION: Your old mate can’t believe the gall of the NZ big banks crying about their ‘reduced’ profitability this year.
First out of the blocks was ANZ, shedding crocodile tears about how “tough things” had been in the past year and how it had only managed to make a profit of $1.825 billion for the year to September 30 on its NZ business -- an 8% drop on 2018.
The next big Aussie bank to publish its result was Westpac, with its NZ arm reporting a 3% lift in net profit to $964m, from $936m last year.
But this didn’t stop its $2.5m-a-year NZ boss decrying how business conditions had “deteriorated” in the second half of the reporting period, based largely on uncertainty about the outlook for next year.
Your canine crusader would be interested to know just how ANZ and Westpac are currently treating their rural/farming clients and how ‘tough’ they are making it for them.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Two major red meat sector projects are getting up to a combined $1.7 million in funding from the New Zealand Meat Board (NZMB).
Angus Barr and Tara Dwyer of The Wandle, Lone Star Farms in Strath Taieri have been named the Regional Supreme Winners at the Otago Ballance Farm Environment Awards in Dunedin.
OPINION: The distress that the politicians and bureaucrats are causing to the people of Wairoa and the wider Tairāwhiti is unforgivable.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.