‘Red letter day’ for ag sector
Farmers are welcoming the announcement of two new bills to replace the under-fire Resource Management Act.
A New Zealand Government directive for farmers to pay new overseas workers higher rates has been slammed.
While farmers welcome the Government's decision to issue border class exemptions for another 200 dairy workers, the increase in pay levels is causing anger.
Farmers employing these extra workers must pay them $92,000 per annum or 1.75 times the current median wage for an assistant dairy farm manager.
Those employed as herd manager must be paid $79,500/year, which is 1.5 times the current median wage for dairy herd manager roles.
Federated Farmers Southland sharemilker chair Jason Herrick told Rural News that increases in pay levels is his biggest issue.
"Setting those levels for junior staff and senior staff creates a whole new set of problems with current staff," Herrick says. "Now they will feel hard done by, so to make things smooth sailing we now have to increase the wages of our current staff to be seen to be dealing with pay equality."
Virtual fencing and herding systems supplier, Halter is welcoming a decision by the Victorian Government to allow farmers in the state to use the technology.
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.