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.
1 hour ago