Wednesday, 28 August 2024 13:25

Sell it!

Written by  The Hound

OPINION: With things in NZ as tight as they are, your old mate is astounded the coalition Governmnt hasn't yet dumped the eternal underperformer Landcorp and put the $2 billion investment to better use.

Minister for SOEs, Paul Goldsmith, has at least publicly stated that Landcorp isn't running its 110 farms as efficiently or profitably as the private sector would, but he's yet to act, despite National previously questioning Landcorp's poor returns.

ACT's Mark Cameron and his party leader were unequivocal that the farms should be sold off into private hands so owners with skin in the game can realise the farms' potential.

Now that these guys have the power, will they follow through and put Landcorp out to pasture?

More like this

$10m Boost for Govt Coffers From Pāmu

State farmer Pāmu (Landcorp) has announced it will pay a $10 million special dividend to the Crown off the back of a strong outlook for the business and a capital repayment of $9.5 million following Fonterra's consumer business sale.

Bias Blowback

OPINION: It's no surprise to this old mutt that some politicians are done playing nice with the low rent media pack that hounds them looking for a 'gotcha' moment.

Featured

Penske NZ Appoints Stephen Kelly as General Manager

Penske Australia & New Zealand has appointed Stephen Kelly as the general manager of its Penske NZ operations, effective immediately In this role he will oversee all NZ branch operations, including energy solutions, mining, commercial vehicles, defence, marine, and rail, while continuing to be based at Penske’s Christchurch branch.

Top Maori Orchard On Show

A large crowd turned out for the last of the field days of the three finalists in this years Ahuwhenua Trophy to determine the top Maori horticulture entity in Aotearoa New Zealand

National

Machinery & Products

» Latest Print Issues Online

The Hound

Half A Brain

OPINION: When Donald Trump returned to the White House, many people with half a brain could see the results for…

Inconvenient Truths

OPINION: Media trust has tanked because of what media's more woke members do and say.

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter