Damien O’Connor Criticises Budget 2026 as ‘Miserable’ for Rural New Zealand
A miserable budget that didn’t deliver much for anyone.
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!
Mark Hooper has been appointed the new chair of NZPork, the industry organisation representing New Zealand pig farmers.
As the India-New Zealand free trade agreement enters into force, New Zealand’s apple industry has reaffirmed its commitment to the long-term development of India’s apple sector.
Fonterra shareholders can begin voting on Tuesday 20 October in the 2026 Board of Directors’ election, a Co-operative Council election in one Ward, and seven Annual Meeting resolutions.
National’s pledge to introduce 19 new national standards shows the party is serious about getting Wellington out of farming, Federated Farmers says.
The National Party’s policies to make it easier to grow fresh vegetables, secure reliable water and energy and simplify farm planning are practical changes that will give growers the confidence to invest, according to Horticulture New Zealand (HortNZ).
Fonterra Co-operative Group chief financial officer Andrew Murray has resigned to take up a role outside the dairy giant.

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