Tuesday, 19 October 2021 15:30

Woke and broke?

Written by  The Hound

OPINION: Speaking of woke, Government-owned entities that love wasting public money and producing fluffy PR pieces, the Hound sees that Landcorp - known as Pāmu - has just released its 2021 annual report.

Of course, it is not just your normal annual report, which shows that, again, Landcorp is a dog of an investment for the country's taxpayers.

Instead, the state-owned farmer produces an 'integrated' annual report.

This translates  - in layman's (sorry person's) language - to mean that they talked with a whole of lot of people (mainly their own directors, employees and suppliers - i.e.: people it pays) and got them to say just how wonderful Pāmu is.

The report also shows that outgoing chief executive Steven Carden was paid more than $3.65 million in salary during the past five years, and last year 165 of its staff earned over $100k.

Imagine if Pāmu actually made a half decent return on investment.

More like this

Trop de Paris!

OPINION: Your old mate's ear has been chewed off recently by farmers voicing their displeasure with the National Party, particularly relating to how they're treating their farmer base.

NZ vs Aussie beef

OPINION: Your old mate hears that at a recent China Business Summit, PM Christopher Luxon delivered a none-too-subtle "could try harder" report card on the red meat industry regarding its exports to China - particularly when compared to Australia.

Arable advocacy?

OPINION: Spare a thought for the arable farmer, squeezed on one side by soft global prices and on the other by limits on further yield increases.

Featured

T&G Global returns to profitability

Fresh produce grower and exporter T&G Global has overturned last year’s dismal performance by reporting a half year net profit of $1.7 million.

Rural backlash over plan to cut police staffing

Federated Farmers North Canterbury president Bex Green says two public meetings held this week should have made it loud and clear that rural families and businesses are concerned about proposed staffing changes at NZ Police.

DairyNZ thanks farm staff

August 6 marks Farm Worker Appreciation Day, a moment to recognise the dedication and hard mahi of dairy farm workers across Aotearoa - and DairyNZ is taking the opportunity to celebrate the skilled teams working on its two research farms.

Editorial: Getting RMA settings right

OPINION: The Government has been seeking industry feedback on its proposed amendments to a range of Resource Management Act (RMA) national direction instruments.

National

Machinery & Products

» Latest Print Issues Online

The Hound

Trop de Paris!

OPINION: Your old mate's ear has been chewed off recently by farmers voicing their displeasure with the National Party, particularly…

NZ vs Aussie beef

OPINION: Your old mate hears that at a recent China Business Summit, PM Christopher Luxon delivered a none-too-subtle "could try…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter