Risky business
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
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!
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