fbpx
Print this page
Tuesday, 19 October 2021 15:30

Woke and broke?

Written by  The Hound

OPINION: Speaking of woke, Government-owned entities that love wasting public money and producing fluffy PR pieces, the Hound sees that Landcorp - known as Pāmu - has just released its 2021 annual report.

Of course, it is not just your normal annual report, which shows that, again, Landcorp is a dog of an investment for the country's taxpayers.

Instead, the state-owned farmer produces an 'integrated' annual report.

This translates  - in layman's (sorry person's) language - to mean that they talked with a whole of lot of people (mainly their own directors, employees and suppliers - i.e.: people it pays) and got them to say just how wonderful Pāmu is.

The report also shows that outgoing chief executive Steven Carden was paid more than $3.65 million in salary during the past five years, and last year 165 of its staff earned over $100k.

Imagine if Pāmu actually made a half decent return on investment.

More like this

Wrong focus

OPINION: Your old mate reckons townie Brooke van Velden, the Minister of Workplace (or is it Woke Place) Relations is now showing how underemployed she is as a minister by initiating an investigation into whether young children should be banned from collecting eggs on farms and feeding animals.

Featured

Open Country opens butter plant

When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.

National lamb crop edges higher

New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.

National

Machinery & Products