Friday, 28 February 2014 16:11

NAIT slaughter levy halved

Written by 

THE NAIT slaughter levy for cattle will be halved to 50c per tagged carcass from March 1, 2014.

This is a 50% reduction to the current levy.

"This levy reduction is a good news story for farmers and demonstrates NAIT's commitment to reduce costs to farmers as soon as possible," said Dr Stu Hutchings, group manager, programme design and farm operations.

A range of industry groups made submissions on the proposal to reduce the levy.

"NAIT's intention is to only recover what it needs to operate and maintain its systems. This is the second levy reduction we've been able to deliver to farmers within 12 months. A full funding review of NAIT will be undertaken later this year," says Dr Hutchings.

More like this

Featured

Global Trade Uncertainty 'Likely To Remain'

Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.

National

Machinery & Products

» Latest Print Issues Online

The Hound

Bulldust!

OPINION: Here w go: the election date is set for November 7 and the politicians are out of the gate…

No good news?

OPINION: ECan data was released a few days ago showing Canterbury farmers have made “giant strides on environmental performance”.

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter