Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Shifting on 1st June? Prepare very carefully!

Shifting on 1st June? Prepare very carefully!

“Settlement day for sharemilkers and farmers could be chaotic again this year unless it is very well organised,” warns rural finance consultant Don Fraser.

“June 1st is the official day for stock owners to shift their herds to a new property. However, this year it falls on a Sunday,” points out Fraser.

“Not only that, it is Queens Birthday Weekend so solicitorst be open until Tuesday, June 3rd”.
“Many settlements need to happen on Friday 30 May so transactions can be completed before the weekend, but unless everybody is working towards the same date it could be chaos,” says Fraser.

“Other settlements may not happen until 3rd June but the same issues apply”.

“Share-milkers and farmers must talk to their solicitors, financiers, livestock agents, cartage contractors etc., and make sure everything is correctly co-ordinated.”

“Queens Birthday weekend road traffic is always heavy,” says Fraser, “so anyone droving herds will need to take great care.”

“Permits will be required and cattle will need the right ear tags for trucking to comply with the Animal Health Board requirements cattle of all ages require a primary and secondary tag. Firm arrangements for shifting household goods must also be in place.”

“On arrival at the new property, sharemilkers and new owners should check that the agreed amount of feed is available, the condition of the milking shed is up to scratch and that water easements and effluent disposal rights are in place. If anything is amiss, they should contact qualified consultants immediately.”

“There are so many things to think about at the time of shifting that careful planning and checking are absolutely essential,” says Fraser.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news