Wednesday, 15 March 2023 12:30

Campbell curse?

Written by  The Hound

OPINION: The Hound notes that NZ Rural Land Co recently announced a $5.3m profit for the year ended Dec 31 2022, down a staggering $31.2m from the $36.5m profit it recorded six months earlier.

The company owns 11,710 hectares of rural land in New Zealand, which is tenanted on long-term leases.

It claims to "generate shareholder value through a combination of asset value appreciation and cash flows from its long-term leases".

Interestingly, this result was announced at the same time as NZ Rural Land Co's chair Rob Campbell was being sacked from his government-appointed roles for his anti-National party rants.

Despite Campbell being chair of the company, there was no comment from the chair about the declining company profit or poor result.

Your old mate wonders, is NZ Rural Land Co is trying to distance itself from the current curse of Campbell?

More like this

Overbearing?

OPINION: Dust ups between rural media and PR types aren't unheard of but also aren't common, given part of the job description of PR is to grease the wheels and ensure clients get good media coverage.

Foot-in-mouth

OPINION: The Hound hears from his canine pals in Southland that an individual's derogatory remarks on social media have left them wishing they had kept their mouth firmly closed.

Be afraid

OPINION: Your old mate hears some of the recent uptick in farmer confidence has slipped since the political polls started leading a bit to the left, away from the current coalition of National, Act and NZ First.

Trust us!

OPINION: Ther'es a reason politicians rank even lower than John Campbell in the most trusted profession surveys.

Don't hold back!

OPINION: ACT MP Mark Cameron isn’t everyone’s cup of tea, but he certainly calls it how he sees it, holding nothing back when ‘climate scientists’ had a crack at Kiwi farmers recently:

Featured

Big return on a small investment

Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.

Editorial: Sensible move

OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.

National

Machinery & Products

» Latest Print Issues Online

The Hound

Overbearing?

OPINION: Dust ups between rural media and PR types aren't unheard of but also aren't common, given part of the…

Foot-in-mouth

OPINION: The Hound hears from his canine pals in Southland that an individual's derogatory remarks on social media have left…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter