Feds make case for rural bank lending probe
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
PASTORAL FARMERS in the Lake Rotorua catchment await with trepidation the outcome of new rules on the amount of nitrogen they will be able to leach from their land.
Federated Farmers President for Rotorua/Taupo Alan Wills says dairy farmers in the catchment tell him they expect to have to farm differently when the rules take effect next year.
Bay of Plenty Regional Council has a set of rules out for consultation, on which submissions will close shortly, leading to a final version next March or April.
Wills says the many lifestyle farmers living in the catchment weren’t aware the proposed rules would affect them. Under the proposed rules dairy farmers are allocated a nitrogen discharge allowance of 35 units, dry-stock farmers 13 and lifestylers (2-40ha) 10 units. Lifestylers are getting a shock as they discover the changes they will have to make to meet the new requirements.
Says Wills, “This issue has been going on for a long time and even into the late 1960s when an American named Dr Fish described Lake Rotorua as ‘an unflushed toilet’. For many reasons it is a complicated catchment where 2.5m of rain falls and this combined with free draining pumice soils and the rolling contour of the land add to the problem.
Most of the dairy farmers have made changes to reduce their nutrient loss since 2007 when rule 11 was implemented and there has been a reduction of stocking rates and feed pads have gone in.”
Wills says dairy farmers are well aware of the issue and recognise the need to ‘farm within limits’. He hopes the issue with lifestyle farmers can be settled amicably but accepts there is tension between them and the dairy farmers.
The regional council will have to take into account the effects of the rules on the ‘economic and social fabric’ on the region around Lake Rotorua and the city itself.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
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