Nothing for our most productive sector in Budget — National
Budget 2020 hasn’t provided anything of note for the primary sector at a time when it is leading our nation’s rebuild, National’s Agriculture spokesperson Todd Muller says.
Now that the circus surrounding the Budget’s release has subsided, Milking It makes the following observations about some of its contents.
Like other commentators, we can’t help but notice many of the spending allocations are not accompanied by policy outcome targets. No doubt burned by the Kiwibuild fiasco (‘10,000 houses a year’), the government now seems wary of setting specific targets. This will not help it spend billions wisely. Much moola could end up in the wind.
We also note some contradictions: nearly $2 billion for mental health is laudable, but is diametrically opposed to the likely effects of legalising dope. And $8.5 million is earmarked for research into reducing agricultural emissions. This is, at best, a token amount, given the scale of the challenge of meeting the punishing emissions targets suggested by the government. If James Shaw was serious about helping farmers reduce emissions in any way other than wholesale destocking, a bit more coin would have been in order.
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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