DairyNZ and Beef + Lamb NZ wrap up M. bovis compensation support after $161M in claims
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Tax implications for farmers receiving big Mycoplasma bovis compensation payments is one of the issues farmers are raising in meetings now underway NZ-wide.
The MPI-organised meetings include public and closed-door, day-long sessions with affected farmers, described by one MPI staffer as “robust”.
Speaking to Rural News after the farmers’ session in Ashburton, MPI’s director of response Geoff Gwyn acknowledged some anger from the affected farmers but said it was a “mixed bag”.
“Some farmers are standing up and saying this has been the worst experience of their life and they have real examples of it not having worked well for them,” he conceded.
“Then there’ve been other farmers who say ‘actually this was difficult at the time, but it went quite smoothly for me’.”
Gwyn says one issue not previously considered in any detail was the tax implications for farmers getting compensation. He says MPI’s advice had always been to talk to Inland Revenue. “Farmers are more interested in some sort of formal position by Inland Revenue so I’ll be talking to my IRD colleagues about what we can do in that space.”
Gwyn says their aim in the meetings is to listen to farmers to understand how the experience is affecting them and make the process as easy as possible.
“We receive feedback from the farmers on how this process can be better and we make changes to reflect that. [It may be] how we better support them in welfare and recovery, or how we give them more certainty on testing timeframes, which is difficult,” he told Rural News.
Gwyn told the meeting that everyone involved in the decision to go for eradication knew it was “a bit of a punt”, but it was the only chance the country had.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.