With the latest results from Landcorpse, I see that communism is well and truly alive in NZ.
77 people in a shiny head office looking after 1.6 farms each on average.
As the wage bill is $42,000,000 for the total 599 employees at an average of $70k each, it is of little wonder that the return to the taxpayer is woeful. When the shed hands will be getting $40k there is obviously a lot of fat in the system and I don't mean milk solids.
Each farm has a $100,000 + millstone around its neck.
Any genuine farmer would soon point out the (un)sustainability of that madness.
Sell the lot on an individual basis and let real farmers run them.
Upton’s disaster continues to unwind
1 hour ago