Editorial: Sensible move
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
The troubles for the 70 or so Hawke’s Bay dairy farmers are far from over with the financial impact of Cyclone Gabrielle set to add to their misery in the coming months.
The Hawke’s Bay president of Federated Farmers, Jim Galloway, says before Cyclone Gabrielle struck, the cows were milking well in the region and there was good chance that they would milk through well into May.
But he says upwards of 30 dairy farmers have had to dry off their cows now because road access to their farms is cut off, milk tankers can’t get through and restoring access could still be weeks away.
“The areas especially affected are Tutira and Patoka where as well as road access being cut off they have damage caused by slips to races, fences and pump sheds as well as their homes. In the case of Patoka, the Rissington bridge is down and so is the one at Dartmoor which has completely cut access,” he says.
Galloway says the lack of power has added to their woes and while most had access to generators and were potentially able to milk, there is a shortage of fuel.
He says farmers have decided that the best use of limited supplies of fuel is to get farm infrastructure up and running as soon as possible.
He says for many dairy farmers a large chunk of their income this season will be gone due to the damage caused by Cyclone Gabrielle.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.