Aussie machinery sector booms on back of government incentive
New tractor sales in Australia look to be on track to hit the 14,000 mark for the year.
“After exceptional sales in 2014 we expected a small decline in 2015,” says TAMA president Mark Hamilton-Manns. “Though the dip is greater than anticipated, we expect sales to recover during the second half of the year.”
Tractor sales fell from last year’s 1770 to 1465. There were declines in the high volume areas of Waikato and Southland, while Auckland, East Cape and South Canterbury bucked the trend with gains.
Hamilton-Manns says the industry is in good heart, a survey of members showing a perceived need to recruit 50% more apprentices -- 150 new jobs in the industry.
“The continuing demand for new tractors and machinery demonstrates the desire by New Zealand farmers to upgrade ageing equipment with new technology,” says Hamilton–Manns. “In doing so they will maximise output while reducing annual repair and maintenance costs.”
