Tuesday, 19 May 2020 08:17

Protectionist politicians "stupid"

Written by  Peter Burke
Malcolm Bailey. Malcolm Bailey.

Politicians who advocate that New Zealand should adopt any form of protectionist trade policies have been labelled “stupid” by the chair of the Dairy Companies Association of NZ (DCANZ).

Malcolm Bailey is concerned about some of the remarks by certain politicians, whom he says have been quoted as thinking along these lines.

Bailey says at some stage COVID-19 will transition from being a health problem to an economic problem and any rise in protectionism will be bad for NZ.

Bailey says putting up the shutters in terms of trade barriers would be bad for everyone. He points to the example of Singapore, with whom NZ has an excellent trading relationship.

He says under a protectionist regime that country would virtually starve to death because they are not a food producer and in turn New Zealanders would be deprived of quality, cost effective consumer products.

“Anyone advocating protectionist policies is just plain dumb,” he says.

Bailey believes the market for dairy products has held up pretty well so far, but acknowledges that there have been challenges in terms of getting product to market. However, he says people have found innovative and pragmatic ways of sorting these out.

More like this

Overstayers irk farmers

A new law preventing the eviction of tenants from rental properties is causing a headache for some dairy farmers.

Distributor focussing on farmer support

AGCO Australia and New Zealand has announced plans focused around protecting the welfare and livelihood of its customers, employees and the community during the COVID-19 pandemic. 

Fonterra’s big break

Former Fonterra chairman Sir Henry van der Heyden believes the co-operative will come out a stronger global player post-COVID-19.

Featured

ANZCO makes a $30m profit

Meat company ANZCO Foods recorded its best-ever revenue of $1.7b and a net profit before tax of $30.6m for the year ended 31 December 2019.

 

M. bovis – we’re making headway

Ministry for Primary Industries chief science adviser, Dr John Roche on the indications New Zealand is winning the fight against Mycoplasma bovis.

Delays ruled out on water reforms

Delaying the introduction of new water reforms was not an option according to the two cabinet Ministers directly involved – Environment Minister David Parker and Agriculture Minister Damien O’Connor.

$700m for freshwater clean up

The Government has announced a $700 million fund to support the primary sector and other groups in meeting new clean water standards.

» The RNG Weather Report

» Latest Print Issues Online

The Hound

Dirty water

The Hound understands that Federated Farmers has been cut out of the information loop, for the past year, on the…

Who’s paying?

Your canine crusader noticed a full-page ad recently run in a farming paper calling on meat companies SFF and Alliance…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter

Popular Reads

Drop in payout looms

Dairy farmers are being told to brace for a big drop in milk payout next season.