Federated Farmers hails rural banking report
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
OPINION: Your canine crusader reckons no single lobby group has had a bigger turnaround in fortunes than Federated Farmers since the election of the new coalition Government.
Under the old regime, Feds were so badly treated they were even left out of a number of consultations affecting the farming sector by the Labour government.
Now it seems everywhere you look in Parliament there is a Feds' influence.
This includes the two new associate ag ministers, Andrew Hoggard and Mark Patterson, as well as MPs primary production select committee deputy chair Miles Anderson, and new MPs Mike Butterick from Wairarapa and Grant McCallum from Northland - all former Fed Farmers office holders.
There are also quite a few parliamentary staffers who were former Feds staff.
Talk about going from the outhouse to the big house.
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
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