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...

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