Editorial: Sensible move
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Federated Farmers meat and wool chair, Toby Williams says what the Government has effectively signed up for is a decade more of planting pine trees on productive land because that’s the only way for our country to achieve such a steep reduction.
He says even by 2035, as half of New Zealand’s emissions are from agriculture, a target of 51-55% is still not feasible.
Williams says the only other option is to spend billions of dollars overseas to buy offshore credits, or plant pine trees, destroying our iconic and world-famous landscapes. He notes that last year, the Climate Commission suggested keeping an all-gases target and at least a 50% reduction, which would mean another 850,000 hectares of land converted to forestry.
“To paint a clear picture, that’s an area five times the size of our country’s treasured Molesworth Station. That would be devastating, forever changing the face of New Zealand,” he says.
Williams says there is a very real risk that we could become the great pine plantation of the South Pacific - hardly something to be proud of.
“The Government needs to be setting climate targets that are realistic and achievable,” he says.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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