Displaying items by tag: Landcorp

OPINION: With things in NZ as tight as they are, your old mate is astounded the coalition Governmnt hasn't yet dumped the eternal underperformer Landcorp and put the $2 billion investment to better use.

State-owned farmer Pamu (brand name for Landcorp) recorded a net loss after tax of $26 million for year ending June 30, 2024, compared to a $9m loss the prior year.

The new chairman of state farmer Landcorp (Pāmu) John Rae says the business is a unique asset.

OPINION: The Hound reckons the powers at Landcorp (or as they/them like to call themselves, Pāmu) are coming under the microscope with the new government in place.

The Government is calling on the country's largest pastoral farmer, state-owned Pāmu (Landcorp), to lift its game.

Tributes have continued to flow in for Warren Parker, who died suddenly just after Christmas.

State-owned farmer Pamu, formerly Landcorp Farming Ltd has paid tribute to its chair, Dr Warren Parker who passed away last week.

OPINION: The Hound was not surprised to see that Pāmu – better known as state farmer Landcorp – has been told to tidy up its business model and better concentrate on actually farming.

OPINION: Your old mate reckons he now understands just why state farmer Pāmu (Landcorp in everyday man's language) is such a dog of an investment and why it returns a paltry dividend - relative to the huge capital tied up in the SOE - to the country's hard-pressed taxpayers.

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