Damien O’Connor: NZ united on global trade
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
The Hound hears Agriculture Minister Damien O’Connor recently had a crack at the banks, calling them “fair weather friends” of the farming sector who are currently putting undue pressure on the rural sector.
Now, your old mate is no friend of the banks, but he suggests that – like any business, mortgage holder or person – those farmers who are heavily indebted and finding it hard to pay loans will come under scrutiny from the banks.
However, if O’Connor was serious about being a ‘friend’ of the farming sector he wouldn’t be advocating things like the proposed freshwater reforms, farming in the ETS, taxes on fertiliser and a myriad of things his government has done to make life more difficult for farmers, forcing them to rely on the banks for more financial support.
The minister should be looking in the mirror before throwing rocks at others!
Cyber attacks on New Zealand businesses are down.
The man who organised a 57,000 signature petition to ban the export of live animals by sea from NZ says he's delighted that the Government has abandoned plans to reinstate the trade.
Central Hawke's Bay Mayor Will Foley says McCains plans to close its Hastings vegetable processing factory is a "tough pill to swallow" for the Hawke's Bay region.
New Zealand's largest medicinal cannabis operation is looking for contract growers to help meet surging international demand.
The proposed retrenchment of Heinz Wattied's manufacturing presenced in New Zealand will be a blow to the wallets of more than 200 Canterbury vegetable growers.
The cost of running a New Zealand farm is now 27% higher than it was before Covid, putting sustained pressure on profitability acrfoss the sector, according to new ANZ research.

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