NZ Farm Worker Pay Growth Slows After Post-Pandemic Boom
According to the latest Federated Farmers-Rabobank Farm Remuneration Report, released today, farm worker pay growth has levelled off after a post-Covid period of rapid growth.
Todd Charteris says Rabobank was committed to playing a role to help transition the New Zealand agri sector to a higher production - lower carbon future.
"We've made a start on this journey by signing up to the United Natios net zero global alliance, benchmarking the non-financial aspects of client businesses to ensure we are banking with responsible farmers and growers, and undergoing Toitu accreditation to enable us to report on our own emissions," he says.
"We're also finalising a new white paper which looks at the climate change challenge for New Zealand agri-business and expands on some of the ideas and actions I've outlined.
"This paper will be released in the coming weeks and our intention is to engage with farmers, industry stakeholders and politicians over the months ahead to discuss the paper's key findings and how the bank can work together with others to steer the coming food transition."
A new joint investment of $1.2 million aims to accelerate farmer uptake of low-methane sheep genetics, one of the few emissions reduction tools available to New Zealand farmers.
The Food and Agriculture Organization of the United Nations (FAO) has issued a stark warning about the global implications of the ongoing Gulf crisis.
Fonterra has announced interim changes to the leadership of its Global Ingredients business.
New Zealand agritech company Halter has announced unveiled a new direct-to-satellite technology solution for its smart collars for beef cattle, unlocking virtual fencing for some of the country's most remote farming regions.
Dairy Women's Network (DWN) has announced a new limited edition DWN Monopoly NZ Dairy Farming Edition, created to celebrate the people, places and seasons.
Rural Women New Zealand (RWNZ) and Federated Farmers say they welcome the announcement last week that the Government will increase the conveyance allowance by 30%.