Editorial: Sensible move
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Now local council elections have come to a close, with the last of the successful candidates announced late last week, Federated Farmers is urging councils up and down the country to focus on rates bills this term.
Federated Farmers local government spokesperson Sandra Faulkner says there are many issues facing local government this term, but the newly elected councillors need to keep residents’ concerns top of mind.
“Federated Farmers congratulates all successful candidates, and thanks all of those who stood. It takes courage to put your name forward for an election,” says Faulkner.
In 2022, as in previous years, Federated Farmers published a 2022 ‘platform’ of hot button council issues, outlining the farming sector’s concerns and suggested changes on everything from three waters and RMA reforms to rural road maintenance, climate change and environmental regulation.
“Right up the front of that platform was the bald and unpalatable fact that in the decade to 2022, local authority rates and feeds have gone up an average 56%, against a consumer price index rise of 20%,” Faulkner says.
“For farmers, and many other businesses and households too, the rates bill is a major – and climbing cost.”
Federated Farmers wants councillors to remember the difference between ‘must haves’ and ‘nice to haves’, and to ask questions around value for money.
“Core infrastructure should be the priority,” says Faulkner.
During the Annual Plan/budget rounds, there should also be robust debate around the place for targeted rates and uniform charges "which are often a much fairer way than general rates of apportioning costs according to benefit derived," she says.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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