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RURALNEWS
NEWS An industry where technology is top of the pops.
PAGE 18-19
TO ALL FARMERS, FOR ALL FARMERS
SEPTEMBER 20, 2016: ISSUE 615
www.ruralnews.co.nz
More rural bank closures PAM TIPA pamelat@ruralnews.co.nz
A DAIRY farmer and mayor of a town hit by a double whammy of bank branch closures says the loss of a bank can change the perception of vibrancy and wealth in a rural town. But the reality is most farmers are now banking online and have mobile managers, Otorohanga mayor Max Baxter told Rural News. Westpac and ANZ saying within weeks of each other that they will close their branches in the town particularly affects the older people, Baxter says. Otorohanga and Te Aroha are the two towns scheduled to lose both banks’ branches: ANZ last week announced five closures, and Westpac said a few weeks ago it will close 19. ANZ is also considering closing branches at Massey University in Palmerston North, Milton (50km south of Dunedin) and Ngaruawahia.
Baxter says having banks in town gives a certain perception of vibrancy and wealth. “You take banks away from a town and it changes the whole dynamic. It certainly will affect the elderly people in town who enjoy face-to-face interaction with tellers.” ANZ assures him its remaining ATM will accept deposits of cheques and cash. “So you will be able to do all the transactions you now do [but without] one-to-one interaction; obviously we will lose the personal edge,” he says.
ANZ is adamant it will close the branch, he says. “It’s just a sign of the times. Internet banking has changed things so they aren’t getting the foot traffic through the door and don’t deem it viable to stay open.” And as a farmer he can say in all honesty in the last eight months he has written only one cheque. “All my transactions are done via internet banking – a sign of the times. It is just unfortunate we get this double whammy in such a short time.” Most farmers are banking online and
have mobile bank managers, “so we’ve got one-on-one interaction with our own personal managers. The closures will really only affect the old people who enjoy the one-on-one.” The town vibrancy and perception are also two big issues. “It is very unfortunate and came out of the blue. When Westpac made its decision I didn’t expect another bank to follow straight behind.” But he says it won’t be the death knell for Otorohanga by any means. “The town is very vibrant; it is always going to be vibrant.”
AN UNOFFICIAL WORLD RECORD! Leeston farmer David Birkett inspects the tillers on a wheat plant sown in April. He hopes this crop turns out as good as that harvested in February this year, which yielded 16.7 tonnes/ha, edging out the current world record of 16.52t/ha. Birkett says weighbridge figures now confirm the yield at 17.59t/ha, beating the world record by just over one tonne. Unfortunately, he cannot claim an official world record because the crop was not registered and monitored as an attempt on the official world record. – See more on page 8. PHOTO: NIGEL MALTHUS
IRISH LEAD THE WAY BEEF + Lamb Genetics chair Chris Kelly says New Zealand could learn from the Irish model that combines research, farm extension and education in one research organisation – Teagasc. Rural News spoke to Kelly and others during the visit of a BLNZ Genetics delegation to Teagasc Research at Athenry, near Galway, in Ireland’s west. Teagasc is notable not only for its science but also for interacting productively with the Irish Cattle Breeding Federation and Irish farmers. Says Kelly, “When Teagasc was formed it started out as just a research organisation, then combined with extension and education; I have learned they have gone back to the old MAF-type model. “This is something we could take a lesson from because we are all struggling with this issue of technology transfer to farmers. The Irish have recognised this as a market failure and they are funding it in an industry-led way.” Kelly is impressed with the Walsh Fellowship scheme, named a great Irish agricultural scientist. “It’s a good initiative we could do some work on,” Kelly says. Kelly says Kiwi youngsters are not going into science the way young Irish are; he believes there is a big lesson in this for NZ. • More on BLNZ Genetics’ visit on pages 6-7
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