Damien O’Connor: NZ united on global trade
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
The New Zealand onion industry has welcomed the recent signing of the free trade agreement (FTA) with the European Union (EU).
It says the agreement will see the elimination of tariffs worth over $6 million annually on NZ onion exports to the EU and has also addressed technical barriers to trade.
"The EU is the number one market for New Zealand onion exports. Tariff savings of 9.6% puts the New Zealand onion industry on a level footing with competitors such as Chile and South Africa," Onions New Zealand chief executive, James Kuperus says.
He thanked the officials in New Zealand and the EU for supporting export industries like onions, which play a key role in regional economies across New Zealand.
Kuperus says onion growers from South Auckland to Canterbury will benefit from this FTA.
"It is now important that the New Zealand Government, post-election, passes the necessary legislation to bring this FTA into effect so producers and exporters can make use of it next season."
Kuperus says the agreement is even more important given the extremely difficult season onion producers have had in the North Island.
In the year to March 2023, the New Zealand onion industry exported $143 million worth of onions to 45 countries and employed 1,050 people.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
Thirty years ago, as a young sharemilker, former Waikato farmer Snow Chubb realised he was bucking a trend when he started planting trees to provide shade for his cows, but he knew the animals would appreciate what he was doing.
Virtual fencing and herding systems supplier, Halter is welcoming a decision by the Victorian Government to allow farmers in the state to use the technology.
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.