Pāmu Braces for $30m Hit From Rising Farm Costs
State farmer Pāmu is bracing for a $30 million hit from soaring farm input costs this financial year.
The Hound's not-so favourite government department, the state-run farmer formerly known as Landcorp, has proven that it is not just a poorly-performing entity but that it can’t even pick winners with the current Government policy.
Now that plans for a CGT and for water and fertiliser taxes have been ditched one has to question, yet again, why the state farmer wasted $14,000 of taxpayers’ money preparing a (late) submission to the Tax Working Group advocating for such taxes.
New chair Warren Parker claims that the decision to make its controversial TWG submission and put several anti-farming critics on the payroll was not ‘political’. However, your canine crusader reckons even blind Freddy can see these moves as political in an effort to curry favour with its current Government owner.
Dr Scott Champion, Foundation for Arable Research chief executive, says that everyone in the supply chain had a role to play in driving the sector's long-term success.
The Minister for Rural Communities, Mark Patterson, says there's a massive infrastructure deficit in rural areas.
New Zealand's red meat and fifth-quarter exports reached $867 million in August, up 23% on the same month last year, as stronger returns lifted earnings across all major markets.
State farmer Pāmu is bracing for a $30 million hit from soaring farm input costs this financial year.
Flat pricing in the face of significant increases in costs is the greatest problem facing the arable sector, says Foundation for Arable Research (FAR) chief executive Dr Scott Champion.
Entries opened on Monday, 5 October 2026 for the 2027 New Zealand Dairy Industry Awards (NZDIA), which organisers describe as the nation's biggest celebration of excellence in the dairy sector.