India FTA Removes 33% Tariff on NZ Sheepmeat
New Zealand’s red meat sector has welcomed the India-New Zealand Free Trade Agreement taking effect, which removes India’s 33% tariff on New Zealand sheepmeat.
The area covered includes the Auckland Council area south of the harbour bridge, and all of the Waikato, Bay of Plenty and Hawke's Bay Regional Council areas – including Coromandel and Taupo.
"This is recognition that farmers across the North Island are facing extremely difficult conditions, and follows on from the announcement of drought in Northland last week," says Guy.
"The declaration of a medium-scale event means that extra Government funding will now be available to Rural Support Trusts. These organisations work closely with farmers, providing support and guidance in what is a very tough time.
"I realise these can be stressful times for rural families, and they need to know who to turn to for support."
Guy says there will also be Rural Assistance Payments (RAPs) available from Work and Income, through the Ministry of Social Development. These are equivalent to the unemployment benefit and are available to those in extreme hardship.
"This decision has been made after consultation with the communities affected, and an assessment from the Ministry for Primary Industries," says Guy.
"The entire North Island is dry, and I am keeping a close eye on other parts of the East Coast, as well as Wairarapa, Manawatu and Taranaki. Farmers badly need some rainfall during March and April to help prepare for the winter and set up for next spring.
"It's important to note that support is available from Government agencies in all regions, even without a drought declaration. Farmers should contact IRD if they need help or flexibility with making tax payments, and standard hardship assistance is available from Work and Income.
"It's great to see that banks are offering flexible finance options in these tough times as well.
"The conditions are also creating challenges for lifestyle block owners, and we urge them to take action early," says Guy.
More information is available at http://www.mpi.govt.nz/environment-natural-resources/funding-programmes/primary-sector-recovery/droughts/dry-conditions-2012-13-faqs
