Damien O’Connor Criticises Budget 2026 as ‘Miserable’ for Rural New Zealand
A miserable budget that didn’t deliver much for anyone.
Minister of Education Chris Hipkins concedes the timing of the Taratahi interim liquidation is tough, especially for students and staff, and he says supporting them is a top priority.
Hipkins says the TEC will work with Taratahi, NZQA and StudyLink to support students in alternative options. Staff will also be supported.
“The financial problems surfaced at Taratahi in 2014 when it was not providing the teaching it was funded to deliver between 2009 and 2014. As a result, Taratahi was left with debts of $7.5 million due to under-delivery – in addition to hefty private sector debt it had incurred. Taratahi has repaid $3.5m of that, mostly by selling assets, but this is not a sustainable model.”
Hipkins says the government is “taking steps” to secure the home farm and is talking to providers to fill the gap in provision for students. But he says it’s clear the current model for vocational training for primary industry is broken and that the government plans to solve this for continuity in training students.
“We are looking at new models of primary industry training as part of the Vocational Education Training Review.”
Minister of Agriculture Damien O’Connor says he’s saddened and disappointed that Taratahi, a proud agricultural training organisation, has been found unsustainable.
“I am committed to primary sector training. We will continue working with industry on a plan for agri sector training that meets the needs of the industry now and into the future,” he says.
New Plymouth-based Manuka honey exporter Egmont Honey has completed its acquisition of Taihape beekeeping business Tweeddale's Honey, with settlement finalised on Friday, 18 September.
Westpac NZ is calling on farmers and growers to start preparing now for the possibility of a dry summer, as likely El Niño conditions raise the risk of drought across parts of the country.
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Fonterra has revised its Farmgate Milk Price forecast for the 2026/27 season, lifting the midpoint and narrowing the range on the back of improving global dairy commodity prices.
New Zealand's citrus growers were challenged to build their future on the value embedded in their fruit rather than the volume they produce, at Citrus New Zealand's annual gathering in Gisborne on 17 September.

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