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.
Budget 2020 hasn’t provided anything of note for the primary sector at a time when it is leading our nation’s rebuild, National’s Agriculture spokesperson Todd Muller says.
He says the Government’s claim of ‘rebuilding better’ is nothing but a meaningless slogan for the primary sector. Muller says costly Government proposals like Essential Freshwater are still on the way, there’s no large-scale water storage funding and not enough support to secure the 50,000 workers needed to stimulate the sector.
“Covid-19 has thrown our country into a deep economic hole and we’re now relying on our food and fibre sector to get out of it. We should be encouraging this sector to grow and maximise its potential but funding has gone backwards. With farmers and growers across the country experiencing the worst drought in living memory this season, it’s disappointing to see no significant investment in water storage,” he says.
Muller says if we are going to be borrowing large sums of money that will need to be repaid by future generations of New Zealanders then that is the sort of strategic infrastructure we should be implementing.
“With $140 billion of debt being accumulated today there’s a good chance that there will be more taxes in the pipeline to cover the cost. And we all know the primary sector is one of the Government’s favourite cash cows,” he says.
Muller says to ensure our economic recovery the Government should be investing in and encouraging the sector that is paying the bills to grow.”
The head of the Ministry for Primary Industries (MPI) biosecurity operation, Stuart Anderson, has defended the cost and the need for a Plant Healht and Environment Laboratory (PHEL) being built in Auckland.
BNZ says its new initiative, helping make the first step to farm ownership or sharemilking a little easier, is being well received by customers and rural professionals.
The head of Fonterra's R&D facility in Palmerston North is set to literally cross the road and become the new vice chancellor at Massey University.
Allan Freeth, chief executive of the Environmental Protection Authority (EPA) has announced he is resigning.
A rare weather double-whammy has seen many South Island farmers having to deal with unseasonal snow while still cut off from power supplies after an unprecedented windstorm.
One of Fonterra's largest milk suppliers says Fonterra's board and management have got what they wanted - a great turnout and a positive signal from shareholders on the sale of its co-operative's consumer and related business.

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