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.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…
Seen a giant cheese roll rolling along Southland’s roads?