‘Red letter day’ for ag sector
Farmers are welcoming the announcement of two new bills to replace the under-fire Resource Management Act.
Federated Farmers water spokesman Chris Allen says with the absence of detail on Labour’s new water tax policy, voters will be sailing blind into the election.
Allen says while the pledge to consult with those affected if Labour is part of the new government is appreciated, farmers need information before the election.
“Surely at least they have a starting figure in mind, to open negotiations with water users and to give voters a clue on the quantum of tax they envisage.
“Ten cents a litre has been suggested for exporters of bottled water, which has been contested as a thousand times exaggerated for the royalty that might apply to large commercial users. So what is the figure?” Allen says.
Federated Farmers is strongly opposed to a water royalty when it would essentially be an extra tax on electricity, food and exports.
“If the problem is with bottled water, then let’s just fix that problem.”
New Zealand’s national lamb crop for the 2025–26 season is estimated at 19.66 million head, a lift of one percent (or 188,000 more lambs) on last season, according to Beef + Lamb New Zealand’s (B+LNZ) latest Lamb Crop report.
OPINION: Just what falls out of the coalition’s plan to reform local government and environment law is anyone’s guess.
Farmers appear to be cautiously welcoming the Government’s plan to reform local government, according to Ag First chief executive, James Allen.
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.