The Hound understands that Mike Petersen’s time as NZ agriculture’s special trade envoy will soon end.
With an 80% likelihood the Reserve Bank will lower the official cash rate by 25 basis points next month, many rural borrowers are wondering if now is the time to look at fixing rates.
Market commentators are indicating with 80% certainty the Reserve Bank of New Zealand will lower the official cash rate by 25 basis points next month and then it will begin to stabilise.
With volatility in the dairy payout, there has never been a more important time to have a clear picture of your farming business’ performance, says Dairy Women’s Network.
With the average age of New Zealand farmers pushing 60, and land values on a steady increase, it’s no surprise succession planning is currently top-of-mind for the agricultural industry.
With the dairy payout remaining stubbornly low and equity positions becoming more precarious many farmers are seeing more of their bank manager, says Crowe Horwath's head of corporate agribusiness, Hayden Dillon.
While volatility in business is to be expected, many of New Zealand's primary producers have experienced a bumpy ride in recent years.
Continuing converging of livestock values in respect of Herd Scheme Value (HS) and National Standard Cost (NSC) for dairy cattle presents farmers with an opportunity to review their livestock valuation methods and optimise their operations for tax efficiency, a tax specialist says.
Numerous agribusinesses could be paying more than their fair share according to professional services firm, Crowe Horwath.