Episode 105 – Tools for growth
Lynaire Ryan from Agribusiness Education and Paul Bird from DairyNZ are focused on helping farmers build long-term wealth by improving financial understanding and making better use of the tools available within the dairy industry. In this episode, Anne Lee talks with the pair about the pathways available to farmers, how different operating structures support progression, and why the sector continues to offer strong opportunities for those starting out or looking to grow.
Host:
- Anne Lee, Senior Journalist, Dairy Country
Guests:
- Lynaire Ryan, Agribusiness Education
- Paul Bird, Senior business specialist, DairyNZ
Lynaire and Paul explain how principles such as profitability, return on assets and the power of compounding underpin successful wealth creation, and why being in the top half of performance is critical. They discuss practical steps including building a savings base, investing in high-performing assets, and using leverage carefully, while also outlining the importance of measuring progress through indicators like equity growth. Alongside the financial concepts, they highlight the role of skills, discipline and reputation in unlocking opportunities, and how consistent decision-making over time can lead to significant gains both on-farm and beyond.
Read the article featuring Lynaire and Paul here: https://dairycountry.co.nz/tools-for-growth/
