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!
Carey Pawson-Edwards, a South Canterbury stock manager, has been named the winner of the 2026 Rabobank Management Project Award.
Nominations are now open for two directorships on the Ravensdown Board and will close at 5pm, Friday 24 July 2026.
AMINZ and the Ministry for Primary Industries (MPI) have partnered to develop a new Farm Debt Mediation video series aimed at farmers, creditors, and advisors.
Taranaki is preparing to welcome the country’s top young farmers for one of rural New Zealand’s most anticipated events.
Horticulture New Zealand’s Board has welcomed the re-election of grower-elected directors Alistair Petrie and Doug Brown.
The bright ideas of New Zealand's primary sector have been celebrated with an announcement of the winners of the 2026 Innovation Awards.