Budget 2026: Slim Pickings For the Rural Sector
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
The funding announcement came on the fourth anniversary of New Zealand’s attempt to eradicate Mycoplasma bovis.
An $111 million injection for biosecurity in Budget 2022 is a pragmatic acknowledgement of how vital it is to New Zealand’s economy that we stop pest organisms at our borders, says Federated Farmers.
"This extra money shows an appreciation by the government pest incursions can wreak havoc in our primary industries, New Zealand’s powerhouse for export earnings," says Federated Farmers arable chair and plant biosecurity spokesperson Colin Hurst.
"Plenty of Budget rounds go by without any bolstering of funding for biosecurity so we congratulate the government for making this a priority."
The funding announcement came on the fourth anniversary of New Zealand’s attempt to eradicate Mycoplasma bovis.
The $110.9m in the Budget includes $68 million over the coming year to continue momentum on the M. bovis programme.
"We need to keep our foot on the throat of this disease," Hurst says.
"Over the last few years 271 farms have been cleared of M. bovis and we’re down to just one infected property. Federated Farmers thanks both those farmers who have taken a hit on behalf of their colleagues and sector, and also those officials who have worked hard to get the programme right.
"It does underline the huge costs and disruption that can be avoided when we stop these organisms from getting into New Zealand, or when they’re here, stop them from wider spread in our herds and environment.
"Our biosecurity personnel deserve proper resources to do their work well," Hurst says.
. "This will be increasingly important as our borders open up to international passenger travel."
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.