ANZ defends farm lending rates
The country's largest lender to the agriculture sector says it's not favouring home loans over farm and business lending.
Federated Farmers says it is pleased that Horizons Regional Council (Manawatu-Whanganui) has recognised the need to get work done on-farm by empowering them to fix infrastructure without getting consents.
"Common sense rather than red tape and costs, is what will speed the recovery of the food and fibre sector in cyclone-hit districts," Feds Tararua president Sally Dryland says.
Horizons had earlier posted advice about only allowing "like for like" replacement of culverts without consent, but advocacy from Dryland resulted in a quick policy U-turn.
The council's advice now is that, where infrastructure such as farm bridges and culverts had been damaged or destroyed, these can be replaced without the need for resource consent on the basis they are repaired or reinstated on a like for like basis. Culverts can also be replaced at a bigger size.
Dryaland said that it's all about building back better and smarter. "Why would you replace a culvert with the same sized one if it's just been washed away? No one wants to replace infrastructure with something that is destined to fail again in the next weather event."
Up until last year, farmers were empowered to put in things lie a culvert without needing a consent.
"That's what's needed to speed the recovery," Dryland said. "Let's not stop the right thing from happening because a ticket collector with a clipboard hasn't been onto the farm to see."
Meanwhile, Federated Farmers NZ president Andrew Hoggard has asked Environment Minister David Parker to promptly amend the Resource Management Act (RMA) to enable cyclone-affected farmers and growers to undertake remedial work that may be in breach of district or regional regulatory requirements, along similar lines to that provided to farmers following the Hurunui/Kaikōura earthquakes. Such works became a permitted activity, with modified notification requirements.
While the RMA provides some relief from normal requirements during and immediately following emergencies/adverse events, Hoggard said this will not cover all the urgent work that needs to be undertaken to restore farmers' and growers' operations.
"That legislation in the wake of the earthquakes was very helpful. Given the severity of the impact of the cyclones, with devastation to the land that appears to exceed that of the Christchurch earthquakes, the usual time-consuming RMA processes will impede progress."
Prime Minister Christopher Luxon says the relationship between New Zealand and the US will remain strong and enduring irrespective of changing administrations.
More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.
Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.
As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.
Livestock can be bred for lower methane emissions while also improving productivity at a rate greater than what the industry is currently achieving, research has shown.
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