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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.
We've been down the road that Labour's 'Future Fund' promises to take us; one where the geniuses in the Beehive, half of whom can't remember how many rentals or shares they own, throw darts at a list of 'promising investment ideas'.
Your old mate isn't alone in fearing this approach.
One economist said the problem wasn't a shortage of capital in NZ but a poor investment climate and unstable policymaking that deters foreign investors.
Another said Labour's scheme amounted to "bureaucrats picking winners" while crowding out private investors.
Many of our MPs would struggle to walk and chew gum at the same time, let alone play real-life Monopoly with our money!
With a general election under five weeks away, Rural News is asking major political parties about their policies and positions on key issues facing the primary sector. We will run their responses to each question over the next four weeks. The ACT Party and the Greens didn't respond in time.
The Minister for Rural Communities, Mark Patterson, says there's a massive infrastructure deficit in rural areas.
A Labour-led Government won’t be bringing back the controversial freshwater rules of 2020.
National’s much-touted free trade deal with India featured in the Rural Issues Debate at Mystery Creek, Hamilton on Wednesday night.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
Federated Farmers has welcomed new rural policies released by ACT, saying they align closely with its own election priorities.
Rural Contractors NZ says proposed changes to land transport rules for agricultural vehicles are a welcome response by the Government to out of date regulations which have seen members hit with huge fines.
Alliance is calling for final applications for its 2027 Graduate Programme, with applications closing on Sunday 25 October.
Decades piloting planes has ensured vet and farmer David Hayes is focused on safety. So, after a serious accident while welding on farm, he is sharing his experience so others can learn from it.
Canterbury milk processor, Synlait Milk has confirmed Leon Fung as its chief executive officer.
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