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 changes announced to the Resource Management Act today mark the end of the war on farming.
"These impractical rules have been a complete nightmare since the day they were introduced and farmers will be pleased to see the back of them," Federated Farmers freshwater spokesperson Colin Hurst says.
"They were rushed through before the 2020 election by overzealous regulators with a complete disregard for those who would actually need to implement them behind the farm gate.
"Farmers are always looking to improve environmental outcomes on their properties and to care for the land, but regulation needs to be practical, pragmatic and affordable.
"These rules failed on all three counts. They were completely disconnected from the reality of farming, devoid of all commonsense, and heaped on a tonne of unnecessary costs for farmers."
The Government hopes to table its first RMA Amendment Bill next month which focuses on targeted changes that can take effect quickly and give certainty to councils and consent applicants, while new legislation to replace the RMA is developed.
Five changes will be included in the Bill, these will:
Hurst says farming rules were so poorly thought through they had to be amended eight times in just three years, and even then they remained totally unworkable and confusing for farmers.
"The constant chopping and changing has been incredibly confusing and has completely undermined farmers’ confidence to invest in their businesses," Hurst says.
"The previous Government should have listened when farmers told them a one-size-fits-all approach was never going to work. It’s like trying to fit a square peg into a round hole."
Winter grazing rules would have required over 10,000 farmers around the country to get a resource consent just to feed a winter crop to their stock.
"Even if farmers had complied, the councils wouldn’t have had the capacity to process that number of consents."
Hurst is also deeply critical of flawed stock exclusion rules that currently require extensive sheep and beef properties to fence their waterways by July 2025.
"Fencing streams on extensive properties with low stocking rates has the potential to cost farmers hundreds of thousands of dollars, for very little environmental gain," Hurst says.
"It makes no sense to have a blanket rule requiring fences on these vast properties with difficult terrain and a very low stocking rate.
"The previous Government had two attempts at mapping out where sheep and beef farmers needed to fence streams, and they still couldn’t get it right.
"Fences don’t go up overnight, so the reality is that those farmers couldn’t comply with the current rules by July next year, even if they wanted to.
"Farmers are New Zealand’s leading conservationists. I can’t think of any group of people who are doing more to protect and enhance our countries biodiversity.
"We need to be empowering farmers and supporting them to make further improvements on their properties instead of tying them up in needless red tape."
Federated Farmers strongly believe that winter grazing, stock exclusion and on-farm biodiversity can be better managed through the upcoming rollout of farm plans.
"Farm plans allow farmers and rural communities to tailor their environmental improvement actions to match their specific local needs," Hurst says.
"This will always lead to much better outcomes, and more community buy-in, than impractical and expensive one-size-fits-all rules driven out of Wellington."
Agriculture Minister Todd McClay says improving primary sector profitability is key to boosting our largest exporting sector. Regulations need to be fit for purpose and not place unnecessary costs on farmers and growers.
“Removing the need for resource consent applicants to demonstrate that their activities follow the hierarchy of obligations will better reflect the interests of all water users,” McClay says.
“Cabinet has agreed changes to stock exclusion and winter grazing regulations representing a move to a more risk-based, catchment-focussed approach.
“We’re proposing to remove the problematic and contentious low slope map and for regional councils and farmers to determine where stock need to be excluded, based on risk. The focus is on farm-level and regionally suitable solutions. This will reduce costs for farmers.”
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.
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