Primary Sector

Pāmu says it's hitting the brief but review disagrees

Rebecca Howard
Mon, 10 Jan 2022

Pāmu says it's hitting the brief but review disagrees
Pāmu manages more than 100 farms, producing milk, beef, sheep meat, wool, venison, deer velvet, carbon credits, timber and speciality crops. (Image: BusinessDesk)
Rebecca Howard
Mon, 10 Jan 2022
A government-commissioned independent review of Landcorp Farming, which trades as Pāmu, said it is not as profitable or efficient as it should be, but the state-owned farmer says it is hitting the brief."We believe that our current strategy is consistent with shareholder expectations and our external operating context,” a Pāmu spokesperson told BusinessDesk after Treasury published the review and its findings in late December. The review – prepared by James Morrison Consulting – was commissioned in September 2020 and...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Economist
NATO holds its most important summit in generations
The Economist | Mon, 27 Jun 2022

Jacinda Ardern becomes the first NZ prime minister to attend a NATO summit, this week in Madrid. The meeting marks a crucial moment in the alliance's approach to both Russia and China, says The Economist.

Transport
The $200m question: funding free public transport in Auckland
Oliver Lewis | Mon, 27 Jun 2022

A new report outlines four possible solutions to a $200m question.

Bloomberg
China’s Economy Improves in June From Lockdown-Induced Slump
Bloomberg | Mon, 27 Jun 2022

Relaxation of covid restrictions helped revive China's economy in June, but the housing sector remains sluggish, metal prices are down and consumers are wary about venturing out to shop.

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.