High returns and decarbonisation promised in MyFarm's solar seduction

High returns and decarbonisation promised in MyFarm's solar seduction
Solar farms on farmland are increasingly common. (Image: Supplied)
Pattrick Smellie
Imagine you have $50,000 maturing in a term deposit. It used to pay above 6% and can barely sustain 4% now, when an offer of annual returns between 10% and 12% comes along.Granted, those returns are pre-tax, but then, so are those interest payments.At that level, there is clearly more risk than putting money in the bank, and a lot less liquidity, given that the offer is for a share in a limited partnership vehicle that builds small-scale solar farms.However, this juicy-looking offer doesn’t even require the $50,000 up front, with payments...

More Primary Sector

Wood industry unveils value-added plan to double exports
Primary Sector

Wood industry unveils value-added plan to double exports

There aren't enough trees in NZ to double timber export receipts with raw logs.

Greg Hurrell 10 Oct 2025
Why NZ's US tariff rates could rise on a whim
Primary Sector

Why NZ's US tariff rates could rise on a whim

NZ's trade surplus with the US is likely to go up. Donald Trump won't like that.

Greg Hurrell 09 Oct 2025
Dairy prices fall for fourth straight auction, whole milk powder down 2.3%
Primary Sector

Dairy prices fall for fourth straight auction, whole milk powder down 2.3%

Prices have slipped again in the latest Global Dairy Trade auction, held overnight on Tuesday, with a 1.6% dip across the board.This was the fourth consecutive decline, following a 0.8% slide at the previous auction, a 4.3% decrease before that, and a 0.3% drop on Aug 19.Whole mi...

Staff reporters 08 Oct 2025
Dairy Farms NZ sells 6 of 7 farms, last one to go next year
Primary Sector

Dairy Farms NZ sells 6 of 7 farms, last one to go next year

The corporate dairy farmer has sold most of its Fonterra shares.

Riley Kennedy 08 Oct 2025