Wednesday, 18 March 2020 11:17

Support farmers to support the economy — Nats

Written by  Staff Reporters
Todd Muller. Todd Muller.

National’s Agriculture spokesperson, Todd Muller is urging banks to better support farmers amid the Covid-19 outbreak.

Muller says farmers are providing some much-needed stability to the economy otherwise suffering from Covid-19.

He says banks can support the economy by looking at new ways to support farmers amid the pandemic.

“Our food producers are critically important in times like this. No matter how challenging the global environment, people need to eat and our superb farming families give us a competitive advantage and the capacity to trade ourselves out of a recession,” says Muller.

“While red meat and dairy exports remain strong, the effects of drought are continuing to hammer farmers and many are struggling to pay the bills.

“I think our banks should provide these farmers with some assistance by allowing overdraft extensions. Working capital is vital for farmers to be able to keep their stock in good condition to enable them to maintain strong levels of production next season. 

“It’s important for the entire country that our primary sector remains in good health. It is a vital part of our economy and New Zealand needs it to perform to weather this crisis.”

More like this


Awards help winners fine-tune

Newly-crowned Share Farmers of the Year Sarah and Aidan Stevenson are looking forward to their leadership roles over the next 12 months.


Living the dream on farm

DairyNZ board candidate Cole Groves says he is “living the dream” as a dairy farmer, milking just over 400 cows near Hinds in Mid-Canterbury.


Machinery & Products

New tractor fills the gap

Deutz Fahr has introduced the new 8280 TTV, which is aimed at filling the gap between its current 7 and…

» Latest Print Issues Online

The Hound

Bully boys?

OPINION: This old mutt hears that there is some discontent in the wool sector at the tactics being used by the…


OPINION: Your canine crusader, like many in the rural sector, was deeply distressed to hear the tragic news that a…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter