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.
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.
