Lamb returns forecast to remain low
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
ANZ says businesses are now realising the advantages of clean transport options and this is driving huge change.
"Customers are increasingly coming to us for support and guidance, asking us what they can do, and how they can invest to future proof their businesses," says Lorraine Mapu, ANZ managing director for business.
In response, the bank says it has expanded the scope of its Business Green Loan. This means business customers can now use the loan to replae their fossil-fuelled fleet with electric vehicles.
"An important part of our role as a bank is to support the shift to more sustainable practices by removing some of the cost barriers businesses face," Mapu says. "Investing in clean transportation can help reduce emissions and increase efficiency."
She says expanding its Business Green Loan to include electric vehicles and clean transport options is one important way the bank can help.
ANZ's Business Green Loan allows eligible customers to borrow up to $3 million at a special floating rate. This can be used for investments in renewable energy, energy efficiency, sustainable land and water us, and the building renovating, or purchasing of green buildings and clean transport.
"Farmers who have taken up the loan, have told us that the special rate meant that it made good sense from a business standpoint, and this helped justify their decision to make a change," Mapu claims.
More bull breeders are using genetic tools according to the latest research.
Females are dominating the veterinary profession worldwide and many farmers are welcoming this change in the composition of the profession, says Britain's Chief Veterinary Officer (CVO) Professor Christine Middlemiss.
A five-year randomised survey of herbicide resistance on New Zealand arable farms has found widespread high levels of resistance - with 71% of farms affected in the worst-hit region - South Canterbury.
OPINION: The recent Federated Farmers / Rabobank 2024 Farming Salaries Report revealed strong growth in farm salaries over the past two years.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.