Print this page
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

Wine tour woes

Bookings for premium wine tours “vanished” when New Zealand’s borders closed, say operators struggling under Covid-19.

Vintage update

Wine companies, large and small, are grappling with the potential shortage of a reliable labour force for vintage 2021, with borders closed to international workers.

Covid-19 a big hit to small wineries

Losing boutique wineries to Covid-19 would be a blow for New Zealand’s wine industry, say the authors of a new report into challenges for small operators.

Digital juice

Covid-19, e-commerce and the risk of digital debt.

Open doors

As wineries enter the spring season, many opening cellar doors after a period of Covid-19 closure, the mood appears one of cautious optimism.



Back the sector that backs NZ

OPINION: The biggest issue currently facing our industry is environmental policy, writes Beef+Lamb NZ chief executive Sam McIvor.


Lamb price down, but not weak

While lamb prices are starting the new season at around 16% below last year’s levels, they are not outright weak,…

Quota split a major worry

New Zealand meat exporters want the EU and UK to get serious on reaching a deal on post-Brexit quotas.

NZ meat exports at risk

Nearly half of our country’s meat exports are at risk unless there is urgent action by government to allow migrant…

Machinery & Products

Claas cargo wagon

CLAAS has extended the versatility, productivity and user comfort of its CARGOS dual purpose transport wagons with the addition of…

These tractors are pumping

CLAAS has announced it will introduce a new automatic tyre inflation system across its AXION and ARION series of tractors.

Great hay cut at speed

Contractors and farmers on the lookout to mow and condition at higher speeds, while producing better quality hay and forage,…

Fendt enters NZ harvest market

Farm machinery brand Fendt has expanded into the harvester market in Australia and New Zealand, with is Ideal combine harvester.