Posts Tagged ‘Labour government’

Covid-19 a major test for government

March 15, 2020

Newspaper headlines driving panic buying in Auckland supermarkets suggest either we are all facing an existential threat or, more likely, a small percentage of the population is reacting like idiots, presumably stocking up large in case one Covid-19 case so far means they will have to self-isolate. (more…)

Doubtful Landcorp will ever deliver acceptable return

March 22, 2018

The latest half year result to 31 December gives rise to serious doubt whether Landcorp, or Pamu Farms as it now likes to be known, will ever justify the taxpayer investment in a national farming enterprise. Published after tax profit was $21.9 million compared to $37.9 million in 2016 on revenue which was 3% lower at $106.4 million, but the EBITDAR was actually a loss of $6.0 million against a $6.9 million profit the previous year. The main difference accounting for the apparent contrast was a livestock revaluation of $39 million. (more…)

Meat trade unrecognisable from 40 years ago

November 21, 2014

It is sometimes tempting to think nothing much has changed with meat exports in recent years when you read all the publicity about the problems in the meat industry. Since the beginning of this century the contrast with the dairy industry has been particularly marked, but suddenly this season the positions have been reversed. Sheep and beef farmers can hold their heads high again and it seems likely this state of affairs may even persist for longer than just this season. (more…)