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OPINION: Your old mate wonders why there has not been a whole lot of gnashing of teeth and wailing from the xenophobes – more commonly known as failing political party NZ First – about a Canadian pension fund buying a major stake in New Zealand’s biggest corporate dairy farmer, Dairy Holdings.
According to company records, Sooke Investments, a subsidiary of giant Quebec public service pension fund manager PSP Investments, bought 24.9% of South Island-based company, following the exit of an investor – owned by JD & RD Wallace Ltd and former National Government Minster John Luxton.
Dairy Holdings other major shareholders remain two NZ farming families – Colin and Dale Armer and Murray and Margaret Turley. The Ashburton-based company is Fonterra’s biggest shareholder.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
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