M.I.A.
OPINION: The previous government spent too much during the Covid-19 pandemic, despite warnings from officials, according to a briefing released by the Treasury.
An analysis by two Christchurch economists has underlined the value of the farming sector to the country during the Level 4 COVID-19 lockdown.
David Dyason and Peter Fieger have produced an analysis of who is likely still to be working and who may not be, based on the Government’s definition of essential business (although the definition is changing as exemptions develop).
They say based on 2019 figures, approximately 123,800 people in Canterbury are employed in essential services, which represents 40.6% of all employment within the region. This is almost identical to the national economy at 40.4%.
However, a detailed look at the territorial authorities within Canterbury shows wide differences across the region.
“The most revealing result is that in both Waimate and Hurunui districts, the number of people employed in essential services is at 73% and 68% respectively,” says their report.
“Both these districts have strong food production and processing activities. In theory, the implication is that both these areas will experience relatively less disruption to employment compared with other regions where this share is lower.”
The Waimate and Hurunui figures compare with 35.5% for Christchurch city, while all the other territorial authorities lie between 42% and 56.7%.
Dyason and Fieger work for ChristchurchNZ, the city’s economic development and promotions agency.
In terms of value to the economy, essential services represent about 31% of the Canterbury economy (on 2017 values).
“Food production and processing services are of particular importance, with a share of 24% of essential services employment in Canterbury and as a large exporter of goods amounting to $6.7 billion or 66% of all exports in 2019 for the region.
“Continuation of these activities would ensure that trading of our most important commodities continues to take place.”
Three New Zealand agritech companies are set to join forces to help unlock the full potential of technology.
As the sector heads into the traditional peak period for injuries and fatalities, farmers are being urged to "take a moment".
Federated Farmers says almost 2000 farmers have signed a petition launched this month to urge the Government to step in and provide certainty while the badly broken resource consent system is fixed.
Zespri’s counter-seasonal Zespri Global Supply (ZGS) programme is underway with approximately 33 million trays, or 118,800 tonnes, expected this year from orchards throughout France, Italy, Greece, Korea, and Japan.
Animal owners can help protect life-saving antibiotics from resistant bacteria by keeping their animals healthy, says the New Zealand Veterinary Association.
According to analysis by the Meat Industry Association (MIA), New Zealand red meat exports reached $827 million in October, a 27% increase on the same period last year.