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

Covid's urban/rural divide

According to a new study from the University of Otago, there was a visible rural/urban divide in Covid-19 vaccination rates.

Covid inquiry to visit Northland

Better understanding the impact of the Covid-19 pandemic on the people of Northland, and the role communities played in the pandemic response, will be the focus of a visit from the Covid-19 Inquiry, says inquiry chair Professor Tony Blakely.

Reflecting a challenging period

Damien O'Connor admits his six years in office were incredibly challenging, with Covid, droughts, floods, storms, M. bovis and volcanic eruptions to name a few.

Editorial: Great expectations

OPINION: As the new National-led coalition begins its term in office, there are high expectations that the promises and rhetoric of the election campaign will quickly be transformed into actions.

Days of over-regulation over!

The days of farmers facing an avalanche of regulations around how they farm will be a thing of the past, says National's new Northland MP Grant McCallum.

Featured

Dairy sheep and goat turmoil

Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.

Hurry up and slow down!

OPINION: We have good friends from way back who had lived in one of our major cities for many years.

Editorial: Passage to India

OPINION: Even before the National-led coalition came into power, India was very much at the fore of its trade agenda.

National

Knowing bugs means fewer drugs

A mastitis management company claims to deliver the fastest and most accurate mastitis testing available at scale for New Zealand…

Machinery & Products

100 years of Farmall Tractors

Returning after an enforced break, the Wheat and Wheels Rally will take place on the Lauriston -Barhill Road, North-East of…

JD unveils its latest beast

John Deere has unveiled its most powerful tractor ever, with the launch of the all new 9RX Series Tractor line-up…

Biggest Quadtrac coming to NZ!

In the biggest announcement that Case IH Australia/New Zealand has made around its tractor range, its biggest tractor is about…

A different shade of blue for Norwood

Norwood and ARGO Tractors, the Italian manufacturer of Landini and McCormick tractors, have announced an agreement that gives Norwood exclusive…

Kubota tests diesel engines

Kubota last month used the UK LAMMA Show to test the water with its new 200hp, four-cylinder 09-series diesel engines.

» Latest Print Issues Online

The Hound

Why?

OPINION: A mate of yours truly wants to know why the beef schedule differential is now more than 45-50 cents…

Fat to cut

OPINION: Your canine crusader understands that MPI were recently in front of the Parliamentary Primary Sector Select Committee for an…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter