fbpx
Print this page
Tuesday, 03 September 2024 13:25

Ditch jumpers

Written by  Milking It

OPINION: The late Sir Rob Muldoon once famously quipped that the plane loads of Kiwis jumping the ditch to live in Australia "raised the IQ of both countries".

The 'brain drain' to Aus continues, with a net migration loss of 27,000 people from NZ to Australia in 2023, says Stats NZ.

Curious to see if the grass is greener for dairy farmers considering the lucky country, an Aussie analyst found that, on average 'VIC/TAS irrigated' farmland cost AU$26,250/ha versus 'NZ Irrigated' at AU$48,000; wintering costs in Tasmania are $27/cow/week versus $40/cow/week in NZ; and NZ has more 'red tape'.

On the flip side, NZ's cost of production is lower and Aus has both stamp duty & capital gains tax.

His summary: "farming is bloody tough anywhere!"

More like this

NZ vs Aussie beef

OPINION: Your old mate hears that at a recent China Business Summit, PM Christopher Luxon delivered a none-too-subtle "could try harder" report card on the red meat industry regarding its exports to China - particularly when compared to Australia.

It's all about economics

OPINION: According to media reports, the eye-watering price of butter has prompted Finance Minister Nicola Willis to ask for a 'please explain' from her former employer Fonterra.

Red line on dairy

OPINION: As India negotiates to open its borders to more global products, dairy is proving a sticky issue.

Farmland security

OPINION: Paranoia about foreigners is at an all-time high in the US and attention is now turning to foreign-owned farmland.

Featured

India-New Zealand free trade agreement (FTA) dairy outcomes

OPINION: As negotiations advance on the India-New Zealand FTA, it’s important to remember the joint commitment made by Indian Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon at the beginning of this process in March: for a balanced, ambitious, comprehensive, and mutually beneficial agreement.

Honesty vital in flood insurance claims, says IFSO

As New Zealand experiences more frequent and severe flooding events, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging consumers to be honest and accurate when making insurance claims for flood damage.

National

Machinery & Products

New pick-up for Reiter R10 merger

Building on experience gained during 10 years of making mergers/ windrowers, Austrian company Reiter has announced the secondgeneration pick-up on…