A new Rabobank report reveals within the next 10 years, New Zealand agriculture will begin its largest-ever inter-generational transfer of wealth.
More than half of farm and orchard owners will reach the age of 65 in the next decade, but only a third have a formal succession plan.
It's estimated $150 billion worth of farming assets will change hands.
Rabobank CEO Todd Charteris told Mike Hosking the challenge is farms are getting better, but there are fewer farm owners, so the capital requirements are big.
He says we need to continue to explore different ownership models.
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Joyce Sapp, 76; Bryan Herrera, 16; and Laurance Webb, 32—three Miami residents whose lives were stolen in brutal, unsolved homicides. Cold Case Files: Miami follows award‑winning radio host and City of Miami Police reserve officer Enrique Santos as he partners with the department’s Cold Case Homicide Unit, determined family members, and the advocates who spend their lives fighting for justice for the victims who can no longer fight for themselves.
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