Last chance to apply for leading farm business management program – 2014:
Applications are to close at the end of this month for this year’s Rabobank Executive Development Program, Australasia’s well-regarded agricultural business management course for leading primary producers.
Now in its fifteenth year, the prestigious Rabobank Executive Development Program gives leading New Zealand and Australian farmers from a range of agricultural sectors the opportunity to develop and enhance their business management skills.
Rabobank CEO New Zealand Ben Russell said the business of running an agricultural enterprise has become increasingly sophisticated, with farm owners and managers needing to draw equally on their farm knowledge and professional business skills in order to remain competitive and profitable. . .
Changes lurk below gloss – Andrea Fox:
Dairy farmers enjoying the economic sunshine have been warned a new reality is coming, bringing an end to low global interest rates and a requirement for cash-backed investment.
ANZ chief economist Cameron Bagrie told the DairyNZ Farmers Forum in Hamilton shifts in United States economic policy influenced New Zealand’s long-term interest rates much more than Reserve Bank Governor Graeme Wheeler and some changes lurked under the current export gloss.
“We are transitioning internationally to a fundamentally different economic environment,” Bagrie said.
“The era of low interest rates and low cost of capital is coming to an end. . .
Hone first woman to win Diary trainee award –
Ruth Hone, representing the Central Plateau region, is the first woman to take the New Zealand Dairy Trainee of the year title.
Charlie and Jody McCaig from Taranaki were named Sharemilker/Equity Farmers of the Year and Nick Bertram from Hawek’s Bay/Wairarapa became the Farm Manager of the Year at the awards in Auckland last night.
It was fitting the McCaig’s came from Taranaki to take the 25th award because the contest had its roots there, where the idea was born in the 1970s before the first national contest was held in 1990, national convenor Chris Keeping said. . . .
Talent galore at Dairy Awards – Anne Boswell:
New Zealand Sharemilkers of the Year 2014 Charlie and Jody McCaig say competing in the Dairy Industry Awards was the most challenging and rewarding part of their career to date.
The McCaigs, who took out the prestigious title at the National Dairy Industry Awards in Auckland last night, said the award was a culmination of all they had worked toward throughout their five year journey in the industry. They are currently 50/50 sharemilking 500 cows in Hawera for the Taranaki Community Rugby Trust.
“What an honour it is to win, given the calibre of all the entrants,” McCaig said. “They are all fantastic people, doing fantastic things.” . . .
BNZ grabs more agribusiness lending, upbeat on rural sector – Paul McBeth:
(BusinessDesk) – Bank of New Zealand, the local unit of National Australia Bank, continued to grab more market share of agribusiness lending and is upbeat on the prospects for the rural sector.
The lender made a concerted effort to build its capability in rural lending three years ago and continued to lift market share of agri lending in the six months ended March 31, with 22.2 percent of the market, up from 21.7 percent a year earlier, and 19.2 percent in 2010.
Chief executive Andrew Thorburn, who will become chief executive at the NAB group later this year, told BusinessDesk agribusiness is “an important focus for us” after the lender’s decision to boost capability three years ago, with asset quality “improving significantly.”
Growth in business lending and lower impairment charges on distressed loans underpinned a 3.4 percent increase in BNZ’s first-half cash earnings to $400 million. . . .