Damien O’Connor Criticises Budget 2026 as ‘Miserable’ for Rural New Zealand
A miserable budget that didn’t deliver much for anyone.
OPINION: Your old mate had a bit of a giggle at current Agriculture Minister Damien O'Connor's effusive praise of the primary sector, when releasing the latest MPI SOPI report late last year.
O'Connor couldn't get in fast enough to welcome MPI's predictions that the country's primary sector would earn NZ more than $50 billion in export earnings by June 2022.
He even went on to say this figure would grow even more in the years ahead as NZ farmers and growers kept producing the very products the world wants.
Funny thing is that this is the same Damien O'Connor who poured scorn on his predecessor Nathan Guy when the former ag minister outlined his goal for the primary sector to double the value of its 2012 export figures of $32 billion to $64 billion by 2025.
It seems Guy's 2025 target may not be as fanciful as O'Connor claimed at the time!
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.

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