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.
"Unwelcome" is how the chief executive of the Horticulture Export Authority (HEA), Simon Hegarty, describes the 15% tariff that the US has imposed on primary exports to that country.
Fertiliser co-operative Ballance has written down $88 million - the full value of its Kapuni urea plant in Taranaki - from its balance sheet in the face of a looming gas shortage.
The Government and horticulture sector have unveiled a new roadmap with an aim to double horticulture farmgate returns by 2035.
Canterbury farmers and the Police Association say they are frustrated by proposed cuts to rural policing in the region.
The strain and pressure of weeks of repairing their flood-damaged properties is starting to tell on farmers and orchardists in the Tasman district.
The sale price of Fonterra’s global consumer and associated businesses to the world’s largest dairy company Lactalis has risen to $4.22 billion.
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