increase font size
"We're thrilled with the economic impacts of Fieldays 2015," says NZ National Fieldays Society CEO Jon Calder.
The Fieldays 2015 Economic Impact report reveals the events contributes $166m to the GDP of New Zealand and $53m to Waikato.
Dr Warren Hughes of the University of Waikato Management School's Institute of Business Research and Hughes Economics independently prepared the report.
"When preparing the impact study, we look at three sources — visitor spending, equipment spending and organisation spending," says Hughes.
The decrease in both Waikato and New Zealand's revenue and GDP of 13-14% has been attributed to the dairy forecast.
"Unfortunately, as we came into Fieldays, we knew there was bad news ahead in the dairy sector and equipment purchase fell directly, and the overall total price fell accordingly," say Hughes.
However, he says all other sectors, including sheep, beef, horticulture and wine, are on the up.
"We're thrilled with the economic impacts of Fieldays 2015," says NZ National Fieldays Society CEO Jon Calder.
Calder says the event is "more than just four days in June".
"We're incredibly proud to have such relationships with our stakeholders and customers to be able to contribute so significantly to New Zealand's primary sector."
Scientists from the Ministry for Primary Industries (MPI) are part of an international team working to develop a low-cost diagnostic tool that could significantly improve food crop production in developing countries.
Scion is running experimental research burns near Christchurch from March 3-14, to test new theories on how wildfires spread under various conditions.
Out of more than 80,000 entries, Daniel Neil from Piopio has been announced as the lucky winner of the Isuzu D-MAX LX Double Cab 4WD Ute in this year’s Fieldays Ute giveaway.
OPINION: The inquiry into rural banking practice was welcomed at Fieldays, but Groundswell NZ added a proviso that this must include banks' treatment of agricultural emissions.
OPINION: Milking It understands a major announcement on livestock exports will be made at the National Fieldays next month.
A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.
Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.
Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their…
OPINION: PM Chris Luxon is getting pinged lately for rolling out the old 'we're still a new government' line when…
