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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 Coalition Government will need the support of at least one opposition party to ratify the free trade deal with India.
Primary sector leaders have welcomed the announcement of a Free Trade Agreement between India and New Zealand.
At Pāmu’s Kepler Farm in Manapouri, mating has wrapped up at the across-breed Beef Progeny Test.
More than 150 people turned up at Parliament recently to celebrate the 20th anniversary of Horticulture New Zealand (HortNZ).
Biosecurity New Zealand says Kiwis should continue to keep an eye out for yellow-legged hornets (Vespa velutina) over the holiday season.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
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