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!
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
New Zealand dairy farmers are set to be the first in the world to receive access to a new digital physical milk pricing tool that enables them to fix the price for their physical milk.
State farmer Pāmu is opening its farm gates this summer in an effort to give the rural sector the opportunity to see how large-scale, multi-system farming is delivering productivity and profitability across New Zealand.
A five-year study has found that the cost of reducing emissions without technology may be significant and unsustainable for Northland dairy farmers.
DairyNZ says Waikato farmers need certainty on Plan Change 1, but they say that certainty must be matched with practical, workable rules and a clear transition that doesn't get ahead of the new resource management system currently under review.
While the Government has moved quickly to make commercial hauliers' lot easier during the current fuel crisis, they appear to be stuck in the creep box when it comes to the agricultural industry.

OPINION: Central Hawke's Bay farmer Mark Warren recently told the Hawke's Bay Times it's time for a conversation about allowing…
OPINION: A nation that relies as heavily as NZ does on functional global shipping lanes will have to do its…