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.
A major new initiative to improve safety in farming has been launched by Landcorp, branded Pamu Academy.
It’s a joint venture with Wilson Consulting, a specialist in helping companies to embrace a culture of safety from boardroom to staff on the front line.
Pamu Academy general manager Rebecca Keoghan says after three staff were killed on Landcorp farms the company asked Wilson to audit their safety culture and mechanisms; they found it was not good.
“Yes, we had orange clothes and safety procedures, we had bits of paper and we had top managers who understood safety, but we didn’t have every staff member understanding why -- and the why is very important.”
Keoghan says all Landcorp staff have now attended courses to bring about a paradigm shift in safety culture; they like it because it has given them reasons for the change and practical tools to implement it.
“As an organisation we have an obligation to send people home in one piece – not two,” she says.
This success has prompted the setting up of the Pamu Academy to share Landcorp’s discoveries with the wider agri sector. Eight separate programmes are now available, ranging from courses for executives through to staff on the front line. Mental health and wellbeing gets a lot of emphasis.
“If people are not mentally 100% they will make wrong decisions and behaviours and you end up with a safety problem,” says Keoghan.
All the courses are up on the Pamu Academy website.
In farming there are external factors that can influence behaviour of a whole herd, such as a bad weather event, triggering false positive heat detections or health attentions.
For Canterbury dairy farmer Cameron Henderson, supporting Meet the Need comes down to a simple question: how can the success of New Zealand farming benefit more than just those within the industry?
Fonterra board members are in line for a pay rise of around 3%.
Dairy processors are ready to further boost New Zealand’s export earnings but want the incoming government to match their ambition with good policy.
Massey University is best placed to solve the “problems” facing the dairy industry, says vice chancellor, Pierre Venter.
Synlait's longest serving employee – a man who joined the Canterbury-based milk processor even before it began processing milk – is now its newest executive.