Budget 2026 Will 'Uphold Credibility'
Prime Minister Christopher Luxon recently addressed the New Zealand Institute of International Affairs. He spoke about what this week’s Budget will look like. Here’s some of the key points.
OPINION: The greenies are worried that National will reverse decisions made by the outgoing Labour Government around sustainability and climate change.
While some of it may be related to dairying, their biggest worry is that PM-designate Christopher Luxon will repeal Labour’s ban and open up New Zealand’s waters to oil and gas exploration once again.
Jacinda Ardern’s April 2018 ban on new oil and gas exploration permits put New Zealand’s vast ocean territory off limits to new oil and gas exploration, except for a few areas where permits were released before the ban came into effect.
Greenies say that this was one of Labour’s best policies around climate change and they won’t let it be overturned without a fight.
Federated Farmers says the Government’s latest investment in road resilience is a positive step toward protecting rural communities and freight routes from increasing severe weather events.
The stockfood storage capacity of J Swap Stockfoods continues to grow in the South Island with the opening of a new store that boosts its capacity in Christchurch and work starting on another store in Southland.
Fonterra has lifted and narrowed its full year forecast earnings range to 60-70 cents per share after a strong quarter, supported by robust milk production, strong shipment volumes and continued demand across its Ingredients and Foodservice businesses.
Fonterra has announced it will continue with the planned expansion of its organic business into the South Island.
New Zealand farmers have been told they all have amazing people on their farms and have been urged to be “that one person” that can make a huge difference to those going through tough times.
OPINION: For thousands of Southland farmers, this week would have tipped them into the non-compliant category when it comes to following regional freshwater plan rules. But the Government has stepped in to give them the clarity they deserve.