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OPINION: The Advertising Standards Authority’s 2024 report revealed that not only is social media rotting our brains, it is also taking a growing chunk of New Zealand’s ad revenue offshore.
Most digital advertising goes to platforms like Google, Facebook, and TikTok.
Infometrics chief economist Brad Olsen says digital ad growth from these offshore behemoths is undermining traditional media.
Milking It reckons this trend would be easier to swallow if the tech giants were paying their share of local taxes, but there’s plenty of evidence that they are not.
Former Herald editor Gavin Ellis says the ad drain is gutting the industry.
“Imagine if our health system was being forced to downsize because its revenue was being sent offshore – there’d be outrage.”
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%.