Leaky waka
OPINION: Was the ASB Economic Weekly throwing shade on Reserve Bank governor Adrian Orr when reporting on his speech in Washington recently?
OPINION: Your canine crusader notes that the Reserve Bank forecasts that more than 80% of beef and sheep farmers would be unprofitable if any future emissions pricing on carbon dioxide equivalent hit $150 per tonne.
It says 82% of sheep and beef operations would be in the red and nearly half of dairy farms would also be unprofitable.
These figures came after stress testing undertaken by banks, who were tasked by the Reverse Bank to look at what any potential price between $15/t and $150/t meant for farmers’ bottom lines.
Your old mate suggest these figures will be a nasty wake-up call for the incoming National government as it looks to put in place a pricing system by 2030.
It is also a reminder to those proponents of taxing ag emissions about what the real cost to the country would be.
As they say, it is hard to be green when you are in the red!
Prime Minister Christopher Luxon will be fronting farmers at three large public meetings organised by Federated Farmers over the coming weeks.
Federated Farmers and a major Australian-owned bank are at loggerheads over emissions reduction targets set for New Zealand farmer clients.
More locally grown tomatoes are coming to stores this month and you can thank New Zealand greenhouses for that.
Changing skill demands and new job opportunities in the primary sector have prompted Massey University to create a new degree course and add a significant major into another in 2025.
It was bringing in a new Canterbury A&P Association (CAPA) show board, more in tune with the CAPA general committee, that has ensured that Christchurch will have a show this year, says CAPA general committee president Bryce Murray.
OPINION: Hats off to our pipfruit sector.
OPINION: Was the ASB Economic Weekly throwing shade on Reserve Bank governor Adrian Orr when reporting on his speech in…
OPINION: A reader recently had a shot at the various armchair critics that she judged to be more than a…