Displaying items by tag: CORONAVIRUS
After being dogged by claims about its entitlement to the wage subsidy, the country’s largest meat processor will now fully pay it back.
After five years of growth, New Zealand's primary exports are heading for a drop in 2021 - but with a bounce back predicted in 2022.
Despite Covid-19-related processing restrictions and a widespread drought in the first half of 2020, sheep and beef farmers despite achieved a near record 130.3% lambing percentage, slightly lower than spring 2019 where 131% lambing was achieved.
Economic prospects for the primary sector are bright despite the significant challenges from Covid-19, says Agriculture Minister Damien O’Connor.
Prime Minister Jacinda Ardern has acknowledged the key role of the primary industries sector over the last nine months.
Demand for dairy will firm over the next two years as the global economy rebounds from Covid, says Westpac senior agri economist Nathan Penny.
Meat co-op Alliance Group announced an underlying profit of $27.4 million for 2020. Adjusted for one-off events, the annual profit result was $7.5 million before tax.
Trade Minister Damien O'Connor says he and other trade ministers around the world will need to get used to developing relationships via Zoom.
With a 12-year history of recruiting specialised operators from overseas to service the agricultural contracting industry, Hanzon Jobs typically brings in around 200 people to New Zealand each year from the UK and Ireland.