Damien O’Connor Criticises Budget 2026 as ‘Miserable’ for Rural New Zealand
A miserable budget that didn’t deliver much for anyone.
Westland Milk's decision to sell to Chinese company Yili may get the nod of farmer shareholders but politicians aren’t happy.
Agriculture Minister Damien O’Connor, the West Coast-Tasman MP, says the impending sale is “personally of concern for me coming from the West Coast”.
NZ First MP Mark Patterson expresses similar sentiment: “Let’s hope Westland Milk shareholders think long and hard before selling the family silver”.
NZ First was highly critical of the sale of agribusinesses to Chinese interests before the election. However, the party has toned down its criticism since stepping into coalition Government with Labour and the Greens.
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.
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