Damien O’Connor: NZ united on global trade
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
Prime Minister John Key has praised the dairy industry for driving innovation and technology at the opening of Waikato Milking Systems new $13 million building in Hamilton today.
Key says the use of innovation and science is helping the industry succeed.
He says the size of the New Zealand dairy industry is often misunderstood overseas.
"When I go out and negotiate free trade deals around the world, people often think that we are bigger than we actually are,' he says.
"We only produce 3% of the world's milk; the issue is we are the biggest exporter because of our small domestic population.
"So, we export bulk of what we produce."
Key says New Zealand's dairy industry does this in "a completely unsubsidised way" and is still successful.
And part of the reason of this success is what companies like WMS do.
Key says WMS is driving innovation and technology and use of science.
"Anyone can milk cows and own big cows; the difficult issue to get level of production and productivity that that we getting."
Key also praised WMS for not only developing milking technology but exporting it around the world.
This is crucial to New Zealand's success, he says.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.
Effective from 1 January 2026, there will be three new grower directors on the board of the Foundation for Arable Research (FAR).