Displaying items by tag: ANZ

A dairy farmer and mayor of a town hit by a double whammy of bank branch closures says the loss of a bank can change the perception of vibrancy and wealth in a rural town.

KPMG's Ian Proudfoot says significant change is coming to New Zealand's primary sector and "farmers that ignore it do it at their peril".

Major farming sector lender ANZ is closely watching the rising price of farmland.

New Zealand agriculture faces a period of unprecedented opportunity and change," says Mark Hiddleston, managing director ANZ Commercial & Agri.

Dairy farmers with a detailed understanding of their businesses are in the best position to reduce costs, improve efficiency and ride out the dairy downturn.

Golbal milk price recovery could be "slow and painful", with doubts now cast over when the turnaround may come in the next season.

'Talk to your banks' is the message to South Island farmers facing continued drought conditions from the New Zealand Bankers' Association (NZBA).

Renewing 10% of New Zealand farm pasture annually would ensure productivity and performance gains achieved via new species do not dwindle over a 10-year cycle.

The downturn in the dairy industry is likely to bring positive changes in the way farms are managed, says ANZ’s managing director for commercial and agri, Graham Turley.

ANZ has taken out CANSTAR's Best Agribusiness Bank award for 2015 – the fourth consecutive year it has won the award.