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Crafar Farms
CraFarms (or Crafar Farms) is a group of companies of which Allan, Beth and Frank Crafar were Directors. Crafar Farms was New Zealand's largest family-owned dairy business. The family business owned 22 dry stock and dairy farms with approximately 20,000 cows in various regions of the North Island, and was put into receivership in October 2009. Crafar Farms was involved in multiple prosecutions for pollution offences and incidents of poor animal welfare from 2007 to 2011. History Allan and Frank Crafar are brothers who grew up in Wanganui. Their father died when Allan was 11 and he had to hand milk their single cow. Frank left school at 14 and started his first sharemilking job at 16. Frank, along with his other brother Neville, brought a farm in the Manawatū-Whanganui, Manawatu four years later. In 1973 Allan met Beth on a blind date and they started working on Frank's farm. By July 1979, Allan and Frank Crafar had gone from milking 140 cows through an old-style walk through bale ...
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Wanganui
Whanganui (; ), also spelled Wanganui, is a city in the Manawatū-Whanganui region of New Zealand. The city is located on the west coast of the North Island at the mouth of the Whanganui River, New Zealand's longest navigable waterway. Whanganui is the 19th most-populous urban area in New Zealand and the second-most-populous in Manawatū-Whanganui, with a population of as of . Whanganui is the ancestral home of Te Āti Haunui-a-Pāpārangi and other Whanganui Māori tribes. The New Zealand Company began to settle the area in 1840, establishing its second settlement after Wellington. In the early years most European settlers came via Wellington. Whanganui greatly expanded in the 1870s, and freezing works, woollen mills, phosphate works and wool stores were established in the town. Today, much of Whanganui's economy relates directly to the fertile and prosperous farming hinterland. Like several New Zealand urban areas, it was officially designated a city until an administrativ ...
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Ministry Of Agriculture And Forestry (New Zealand)
The Ministry of Agriculture and Forestry (in Māori, ''Te Manatu Ahuwhenua, Ngāherehere'') was a state sector organisation of New Zealand which dealt with matters relating to agriculture, forestry and biosecurity. It was commonly known by its acronym, "MAF". In April 2012, it became part of the newly formed Ministry for Primary Industries. History The New Zealand Ministry of Agriculture and Forestry was formerly known as the ''Ministry of Agriculture and Fisheries'', but in 1995 responsibilities for fisheries were passed to the newly formed Ministry of Fisheries. However, the government of New Zealand decided that, despite the loss of Fisheries, the newly created ''Ministry of Agriculture'' should continue to be known by the acronym "MAF", and should still use the same logo, because of the high recognition and regard for the name and logo amongst the country's overseas trading partners. In 1998, this Ministry of Agriculture and the Ministry of Forestry merged to become the ...
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Maurice Williamson
Maurice Donald Williamson (born 6 March 1951) is a New Zealand diplomat and former politician who represented Pakuranga in the House of Representatives as a member of the National Party. He held several ministerial portfolios both inside and outside the cabinet: Transport, Communications, Broadcasting, Local Government, Research Science and Technology, Building and Construction, Customs, Small Business, Statistics and Land Information. He later entered local politics, and since October 2022 has been an Auckland councillor for Howick. Member of Parliament Williamson was a member of Parliament for the National Party, a centre-right political Party in New Zealand, as MP for Pakuranga since the 1987 general election. He held a number of ministerial posts, including Minister of Communications, Minister of Broadcasting, Minister of Transport, and Minister of Research, Science and Technology, and associate Minister of Health (1990–96). He was a strong supporter of r ...
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Jonathan Coleman (politician)
Jonathan David Coleman (born 23 September 1966) is a retired New Zealand politician and medical practitioner, who most recently served as Minister of Health and for Sport and Recreation under the Fifth National Government. Coleman also served as Minister of Defence and Immigration within the first two terms of that government, and represented the parliamentary constituency Northcote for the National Party from 2005 to 2018. Coleman trained in medicine at the University of Auckland before acquiring an MBA from the London Business School in the United Kingdom. In the 2005 election, Coleman stood as the National Party's candidate for the Northcote seat, defeating Ann Hartley of the Labour Party in what was the only Labour seat to flip to National in the entire election. He came a cabinet minister upon John Key leading the party to victory in 2008. A member of National's right-wing faction, Coleman has espoused socially conservative views, notably opposing gay marriage and ...
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Landcorp
Landcorp Farming Limited ("Landcorp") is a state-owned enterprise of the New Zealand government. Its brand name is Pāmu, the Te Reo Māori word 'to farm'. Its core business is pastoral farming including dairy, sheep, beef and deer, as well as a Foods business marketing milk and meat products globally under the Pāmu brand and as a supplier to other food processors. Pāmu manages 117 properties carrying over 1 million stock units on 3366,3426 hectares of property under management. History Landcorp was incorporated as a State-owned Enterprise on 1 April 1987 to assume the commercial farming and property activities of the former Department of Lands and Survey The Department of Lands and Survey was a former government department in New Zealand that managed the administration of Crown land and its survey and mapping requirements. History Establishment The department was established in 1876 with the appo .... It operates under the State Owned Enterprises Act 1986.
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John Key
Sir John Phillip Key (born 9 August 1961) is a New Zealand retired politician who served as the 38th prime minister of New Zealand, Prime Minister of New Zealand from 2008 to 2016 and as Leader of the New Zealand National Party from 2006 to 2016. After resigning from both posts in December 2016 and leaving politics, Key was appointed to the board of directors and role of chairman in several New Zealand corporations. Born in Auckland before moving to Christchurch when he was a child, Key attended the University of Canterbury and graduated in 1981 with a bachelor of commerce, Bachelor of Commerce. He began a career in the foreign exchange market in New Zealand before moving overseas to work for Merrill Lynch, in which he became head of global foreign exchange in 1995, a position he would hold for six years. In 1999 he was appointed a member of the Foreign Exchange Committee of the Federal Reserve Bank of New York until leaving in 2001. Key entered the New Zealand Parliament ...
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Overseas Investment Office
The Overseas Investment Office is the New Zealand government agency responsible for regulating foreign direct investment into New Zealand. The Office is responsible for high value investments (2006: NZD $100m+), investments in sensitive land and investments in fishing quota. The Office is part of Land Information New Zealand, the New Zealand Government Agency responsible for survey, land valuation, land titles and mapping. This link recognises that the majority of the Office's work relates to the control of sensitive land. The Office replaces an earlier agency called the Overseas Investment Commission. History The Overseas Investment Commission (OIC), established in 1973, imposed certain limitations on foreign investment. OIC consent was required for foreign investments that would control 25% or more of businesses or property worth more than NZ$10 million. Restrictions and approval requirements also applied to certain investments in land and in the commercial fishing in ...
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Fonterra
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by around 9,000 New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere. Fonterra was established in October 2001 following the merger of the country's two largest dairy co-operatives, New Zealand Dairy Group and Kiwi Cooperative Dairies, with the New Zealand Dairy Board. The name Fonterra comes from Latin , meaning "spring from the land". History In New Zealand, as in most Western countries, dairy co-operatives have long been the main organisational structure in the industry. The first dairy co-operative was established in Otago in 1871. By 1920, there were 600 dairy processing factories of which about 85% were owned by co-operat ...
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Late-2000s Recession In Oceania
The Great Recession in Oceania was the great recession of the late 2000s and early 2010s in Oceania. The Oceanic countries suffered minimal impact during this time, in comparison with the impact that North America and Europe felt. Australia Australia is one of the three Organisation for Economic Co-operation and Development (OECD) countries that did not experience two consecutive negative quarters of growth and one of the two that avoided negative year-end GDP growth during the global recession. It was not affected by the crisis from 2008 to 2009 due to a number of factors such as government stimulus spending; its proximity to the booming Chinese economy and the related mining boom kept growth ticking over throughout the worst of the global conditions. In fact, sources such as the IMF and the Reserve Bank of Australia had predicted Australia was well positioned to weather the crisis with minimal disruption, sustaining more than 2% GDP growth in 2009 (as many Western nations went ...
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PGG Wrightson
PGG Wrightson Limited is an agricultural supply business based in New Zealand. It was created in 2005 through the merger of Pyne Gould Guinness Ltd and Wrightson Limited and has its roots in a number of stock and station agencies dating back to 1861. It is one of the major suppliers to the agricultural sector in New Zealand providing products such as seeds, grains, livestock, irrigation, farm equipment, insurance and financing. Although publicly listed in New Zealand on the NZX, PGG Wrightson has been majority owned by Chinese-based Agria Corporation (GRO, NYSE) since 2011. History The result of mergers within the stock and station agency industry in New Zealand, PGG Wrightson can trace its obvious ancestry back to 1861, with the establishment of Wright Stephenson & Co. Notable stock and station agencies that have merged to form PGG Wrightson include PGG Wrightson 2005 *Wrightson NMA 1972 ** Wright Stephenson & Co ** National Mortgage and Agency Company of New Zealand, w ...
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Rabobank
Rabobank (; full name: ''Coöperatieve Rabobank U.A.'') is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. The group comprises 89 local Dutch Rabobanks (2019), a central organisation (Rabobank Nederland), and many specialised international offices and subsidiaries. Food and agribusiness constitute the primary international focus of the Rabobank Group. Rabobank is the second-largest bank in the Netherlands in terms of total assets. A 2013 scandal resulted in a $1 billion fine for unscrupulous trading practices, which included the manipulation of LIBOR currency rates worldwide. Chief Executive Piet Moerland resigned immediately as a result. In terms of Tier 1 capital, the organisation is among the 30 largest financial institutions in the world. As of December 2014, total assets amount to €681 billion with a net profit of €1.8 billion. ''Global Finance'' ranks Rabobank 25th in its survey of "the world's safest banks". His ...
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Westpac
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1982 before being renamed to Westpac Banking Corporation. Westpac is one of Australia's Big Four (banks)#Australia, Big Four banks, and is Australia's first and oldest banking institution. Its name is a portmanteau of "Western" and "Pacific". As of 2021, Westpac has 14 million customers worldwide, and employs around 40,000 people. History Established in Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ... in 1817, the Bank of New South Wales (BNSW) was the first bank in Australia. Edward S ...
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