Buttery prize
OPINION: Westland Milk may have won the contract to supply butter to Costco NZ but Open Country Dairy is having the last laugh when it comes to cashing in on NZ grass-fed butter.
Westland Milk's decision to sell to Chinese company Yili may get the nod of farmer shareholders but politicians aren’t happy.
Agriculture Minister Damien O’Connor, the West Coast-Tasman MP, says the impending sale is “personally of concern for me coming from the West Coast”.
NZ First MP Mark Patterson expresses similar sentiment: “Let’s hope Westland Milk shareholders think long and hard before selling the family silver”.
NZ First was highly critical of the sale of agribusinesses to Chinese interests before the election. However, the party has toned down its criticism since stepping into coalition Government with Labour and the Greens.
Westpac NZ has announced new initiatives that aim to give customers more options to do their banking in person.
New Zealand red meat exports experienced a 29% increase year-on-year in September, according to the Meat Industry Association (MIA).
The head of the Ministry for Primary Industries (MPI) biosecurity operation, Stuart Anderson, has defended the cost and the need for a Plant Healht and Environment Laboratory (PHEL) being built in Auckland.
BNZ says its new initiative, helping make the first step to farm ownership or sharemilking a little easier, is being well received by customers and rural professionals.
The head of Fonterra's R&D facility in Palmerston North is set to literally cross the road and become the new vice chancellor at Massey University.
Allan Freeth, chief executive of the Environmental Protection Authority (EPA) has announced he is resigning.
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