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.
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.
OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…
OPINION: The global crusade against fossil fuel is gaining momentum in some regions.