Picking winners?
OPINION: Every time politicians come up with an investment scheme where they're going to have a crack at 'picking winners' with our money, the Hound cringes.
Irrigators say they are looking forward to continuing to develop a constructive and productive working relationship with the new government.
IrrigationNZ chief executive Andrew Curtis congratulated Prime Minister-elect Jacinda Ardern and the new government.
He noted that speaking to media this morning Ardern wouldn’t confirm the details of the coalition agreement but stated that NZ First leader Winston Peters had been very firm in his opposition to the water tax.
“Irrigation is essential for the production of many foods and helps keep food affordable. Investment in irrigation infrastructure improves our resilience by helping protect New Zealanders from drought related food shortages and food price spikes,” says Curtis.
“As proposed a water tax would not be an effective way to improve rivers as the regions with the least swimmable rivers – Auckland, Northland and Waikato would receive minimal funding as they have little irrigation.”
‘IrrigationNZ carried out a survey of 120 irrigators which found that a water tax could have many unintended consequences including reducing investment in more modern irrigation equipment and systems that manage water more efficiently and reducing spending in rural communities.
Curtis says that farmers and growers around New Zealand are already investing in actions which will improve river water quality in the future – including fencing 26,000km of waterways, carrying out riparian planting and developing farm environment plans to address any issues on their property.
“Improvements to rivers will be achieved by actions taken on farms along with local communities working together with access to robust science to help them understand the issues, and find innovative solutions to specific local issues.”
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.