ANZ Bank, DairyNZ partner on financial benchmarking of dairy farms

Fri, 29 Jun 2012

By Peter Kerr June 29 (BusinessDesk) - DairyNZ is partnering with Australia & New Zealand Banking Group to boost the financial performance of dairy farms. Under a memorandum of understanding, DairyNZ’s business performance analysis tool, DairyBase, will be available to ANZ Bank economists and agri managers when working with farmers, they said in a statement. DairyBase consolidates the financial results from more than 1,800 farmers, allowing like with like comparisons. Some 41% of dairy farmers currently use benchmarking. “As farmers look...

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