Wednesday, 14 September 2022 14:30

Go woke, go broke!

Written by The Hound

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OPINION: State farmer Pāmu - one of the wokest, PC government-owned entities around - has announced the appointment of a 'chief sustainability and risk officer'.

According to chief executive Mark Leslie, Annabel Davies is joining Pāmu to help with its "ambitious environmental programme... to meet the challenges of a changing climate, and societal and shareholder expectations of us in these vital areas for our company and our country".

Pāmu's ongoing wokeness journey - rather than just farming - is highlighted in its latest annual returns.

Its net 'profit' of $59 million (up from $29m in 2021) looks heavily inflated due to a $18m book value gain from historical revaluation losses on land and buildings, as well as a $20m fair value gain on biological assets.

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