Labour Supports NZ/India FTA
National's decision to ‘dribble’ information about the NZ/India to Labour contributed to the delay in it deciding to supported the FTA.
Agriculture Minister Damien O'Connor along with Prime Minister Chris Hipkins launched the SOPI report at Fieldays.
O'Connor, forever the optimist, described the SOPI report as impressive given the tough times the primary sector has endured in the past 12 months. He says it's shown resilience and resourcefulness to get where it has. He says there will be headwinds, but NZ will handle these based on the solid foundations that already exist.
"We have always undershot with our forecasts, and I believe because farmers are innovative and adapt I think we will continue to grow our exports," he says.
A feature of the report says O'Connor is a focus on what is described as 'hyper traceability': identifying more precisely what's happening in the marketplace. He says this shows that there are expectations both from the supermarkets and the consumers who are now using a QR code to find out exactly where their products are coming from. He says all those in the primary sector need to be aware of the implications of this.
At the launch, PM Hipkins acknowledged the difficult couple of years the primary sector has been through, saying the objective of his government is to get rural communities back on their feet. He says there is reason for optimism and he spent much time talking up the benefits of the FTA with the UK.
"For the first time since the early 1970s our meat and dairy sectors have meaningful access to the UK market. The FTA also opens the door for increased collaboration in the agritech space in which NZ is a world leader. In a changing world, agritech has never been so important because it offers possibilities to improve farm efficiency, increase sustainability and reduce the carbon footprint of agriculture."
Horticulture New Zealand says proposed changes to the Plant Variety Rights Act 2022 will drive innovation, investment and long-term productivity.
More than 1200 exhibitors will showcase their products and services at next month’s National Fieldays, with sites nearly sold out.
Despite difficult trading conditions for European machinery manufacturers brought about conflicts in Ukraine and Iran, alongside the United States imposing punitive tariffs, Italian manufacturer Maschio Gaspardo, has seen turnover increase 12% in 2025 to €390 million (NZ$775m) with a net profit of €11.2 million (NZ$22.3).
New Zealand innovation company Techion, best known for its animal diagnostics platform, FECPAK has signed an exclusive strategic partnership with Farmlands to bring independent animal health disease intelligence to its customers.
Zespri says it welcomes the recently signed Western Bay of Plenty Regional Deal, describing it as an important step towards supporting growth in the region and for New Zealand's kiwifruit industry.
Troubled milk processor Synlait has lost its third chief executive in five years.
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