ETS costs cut 66% for forest owners – McClay
Additional reductions to costs for forest owners in the Emissions Trading Scheme Registry (ETS) have been announced by the Government.
Trade Minister Todd McClay says the Chinese market remains soft and consumers are more cautious in their buying patterns, but he says there are still many opportunities for New Zealand.
He says the situation has changed from when NZ got its initial FTA with China in 2008, with many more countries now having deals with the Chinese.
"The Government has now adopted what we call a 'China and' strategy, which means that we are still focused on China but are putting an equal effort into other key markets such as the US, the UK, Europe, the Middle East and Southeast Asia. The aim is to open as many doors as possible for our exporters," he says.
McClay says he plans to go to China again at the end of the year and says he's impressed with the work that NZ meat companies are doing to deal with the new demands of consumers.
These demands revolve around the fact the most Chinese live in small apartments with limited cooking facilities and want high quality, ready-to-produce meals.
"I was up there earlier in the year to launch a new product on behalf an NZ meat company which is burger that is ready to eat. You simply put it in the microwave, and it comes out looking the same as if you had made it yourself or purchased it from a shop," he says.
McClay says the value-add was done in NZ and the product commanded a premium price - this is just one example of the good work our meat companies are doing.
The other positive for NZ, says McClay, is that our animals are grass fed. He says the days are gone when the virtues of grain-fed beef were being extolled, and consumers - especially in Asia - now like the fact that our animals are effectively 'free ranging'. They like the way we treat our animals and the healthy nature of the feed they receive.
"If we can get the 'grass fed' message across effectively, there is a real opportunity for us to steal a march on the rest of the market in that space," he says.
The Meat Industry Association (MIA) is once again looking for game-changing ideas for New Zealand's red meat processing and exporting sector.
Environment Southland is inviting feedback on two bylaws that play a critical role in safeguarding the region's waterways and ensuring the safety of the local community.
While the North Island is inundated with rain, Southland is facing receding water levels as warm weather and lack of rainfall continues.
Entries have opened for the 2026 Fieldays Innovation Awards.
Organisers are expecting another full field of 40 of the country’s top shearers for the popular Speed Shearing event at this year’s Southern Field Days at Waimumu.
The Southern Field Days Innovation Awards have a great record in picking winners and the winner of the 2024 event will be putting up a display to support the event at this year’s show.

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