Federated Farmers hails rural banking report
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
OPINION: On top of the rural banking inquiry, several as-yet-unnamed banks are facing a complaint to the Financial Markets Authority over their role in a government bond sale.
A similar case is underway in Australia as its corporate regulator ASIC investigates alleged manipulation of Aussie government debt.
Like yours truly, readers probably won’t be able to squeeze out a tear for the banks.
One farmer sent the Hound his own rules for dealing with banks: “Rule no.1 – They are not our friends. Rule no.2 – Refer to rule no.1.”
As the banks prep for the coming inquiry, they may feel it’s unwarranted.
But the evidence, anecdotal and from recent surveys, show that our friends in finance have a real perception problem with farmers that they need to address.
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
If there was a silver lining in the tragedy that was Cyclone Gabrielle, for New Zealand Young Grower of the Year, Grace Fulford, it was the tremendous sense of community and seeing first-hand what good leadership looks like.
New research could help farmers prepare for a future where summer rainfall is increasingly unpredictable and where drought risk is rising, no matter what.
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