We’re already well into 2010 and the year is moving at a rapid pace! In our first issue for the year we felt we’d start by talking about pro-active overdraft management.
It’s always important to have a plan around how you’ll manage your debt and the costs that are associated with it.
We’re also in the thick of the New Zealand Dairy Industry Awards and are eagerly waiting to hear who all the regional winners are. I’ll be travelling around the country to attend as many of the regional awards nights as possible.
I’m also hoping to get to as many of the Fieldays as possible. They’re a great way to showcase talent within each region, so I hope you also take the opportunity to visit these winning farms, to see what makes them so excellent.
Also in this issue, we’ve put together an article to give you an understanding of the lifecycle stages your business operates within. This can help you assess your limitations and growth opportunities. The researchers at the Westpac Taranaki Agricultural Research Station have also provided us with another update on the research they have been working on in recent months.
And lastly, we wrap up with some information about the amended New Zealand Emissions Trading Scheme. While the impact of these changes won’t be felt for a couple of years yet, it’s important that you start thinking about the implications for your agribusiness.
Dave Jones, Head of Agribusiness
david_jones@westpac.co.nz
