Hopefully things have improved in the hort viticulture industries compared to the days when I managed contracting crews seemed to attract rather crooked owners
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Hopefully things have improved in the hort viticulture industries compared to the days when I managed contracting crews seemed to attract rather crooked owners
From what I hear they are still up there with Chorus in terms of questionable subcontracting practices. Potentially a few investment risks there both in terms of regulatory risk given the current government's signalling that it wants to move on the issue of contract workers, as well as labour shortages as well.
The RSE scheme with the seasonal workers from the islands has been a great model for both the producers and the workers coming here.
I’m steering away from primary industry at this stage. I’m in the wine sector and we have just been coped with a 8% labour increase cost…The govt will give u something, but also penalise u for using it… kiwi fruit might have a bit more margin give, but others will be hurting.
Thanks for sharing what's happening in your sector. The meat industry increasing minimum wages by 10% as well, but I don't think these increases are limited to primary industries. This is going on throughout our adrenaline filled but stuttering economy (printed money, lack of suitable staff and never ending lockdowns).
I'm heavy into primary industries and believe they will continue to drive our economy out of our current precarious situation.
Seeka upgrades market guidance
https://www.nzx.com/announcements/381418
good stuff looking forward to more acquisitions
An interesting snippet on National Radio today about the challenges to the kiwifruit industry around orchard prices and bare kiwifruit-suitable bare land, about 3 minutes in.
https://www.rnz.co.nz/national/progr...1-october-2021
possibly just part of a general downtrend .. maybe Covid & a bit of Northern sector gloom at play at the mo ? ;)