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 has called for the controversial Three Waters Reform to be stopped before the legislation bill reaches its second reading.
In a submission to a parliamentary select committee, Federated Farmers expressed concerns about the Water Services Entities (WSE) Bill. If passed, the bill would establish four water services entities in place of more than 70 local authorities that manage the country’s water supplies, storm and waste water management systems.
Federated Farmers argues that the bill should not proceed to a second reading in Parliament.
“Many farmers are either self-suppliers or their water is supplied by private water schemes, meaning they should not be directly affected by the move to WSEs,” it says.
The farmer lobby argues that numerous community ‘mixed use’ rural water supplies – such as human drinking water and water for livestock or irrigation, supplying water to farmhouses and lifestyle blocks – are owned or operated by local authorities.
“The Government did not seem to have thought deeply about implications for these rural water suppliers, until last December when it belatedly set up a Rural Water Supplies Working Group.”
In June, that working group - the Rural Supplies Technical Working Group - made 30 recommendations in a report to the Department of Internal Affairs.
Among those recommendations was that New Zealand’s 100 or so council- owned rural water supply schemes be transferred to the four new cogoverned water entities. However it also added that there needed to be a pathway for some council- owned, rural water supplies to revert to ownership by their users.
Federated Farmers say it agrees with the working group’s recommendations if the WSE bill is to proceed.
Earlier this month, Federated Farmers national board member and local government spokesperson Sandra Faulkner told the select committee the farmer lobby is against the nationalisation of previously local entities.
“We believe strongly in keeping the local in local government and we are strongly opposed to a centralisation agenda which seems to be driving so much policy, not just in water services, but also in RMA reform, health sector reform, polytechnics… the list goes on,” Faulkner told the committee.
“Will the likes of roading, waste management and building consents be next for centralisation away from local councils?” she asked.
“Many farmers, as significant ratepayers and strongly rooted in their local communities, still care deeply about our councils and what they see as an attack on local democracy.”
Faulkner argues that the rural voice would be diluted if services farmers rely on, like water supplies, are centralised while local councils would be “hollowed out”.
“There seem to be a lot more bureaucracy and cost associated with the four entities’ multi-tiered governance arrangements and the various advisory groups and forums that will be set up to try and replicate what we already have – local voice and accountability.”
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.
OPINION: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of…
OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the…