Budget 2025: Healthcare big winner, no news for ag
Healthcare appears to be the big winner in this year's budget as agriculture and environment miss out.
The timber industry believes the government's announced boost to home construction, through a Housing Infrastructure Fund, needs to have a timber focus.
Woodco chair, Brian Stanley, says the volume of housing resulting from Prime Minister John Key's announcement during the weekend can only be achieved through giving priority to timber construction.
"If we want that many houses to be built quickly, properly, and with sustainable materials, timber is the way to go. This is even more the case with the medium rise and high density dwelling construction which will be important in Auckland," Stanley says.
"Timber generally is available, builders like it and are used to using it. It's affordable and it's light. Modern timber technology gives great thermal retention and earthquake resistant qualities.
"A not insignificant factor is that using timber for construction is environmentally beneficial, since wooden buildings continue to lock up the carbon the trees have absorbed from the atmosphere in the first place."
Stanley says the scale and speed of house construction likely to result from the government initiative means builders in the targeted centres will want to work with materials and methods which have been well tested and are known to be reliable.
"Timber ticks all the boxes and our industry is keen to talk with anyone in the construction business, architects, central and local government about how we might get on with the job."
New Zealand exports to the European Union have surged by $3 billion in two years under the New Zealand-European Union Free Trade Agreement.
A new joint investment of $1.2 million aims to accelerate farmer uptake of low-methane sheep genetics, one of the few emissions reduction tools available to New Zealand farmers.
The Food and Agriculture Organization of the United Nations (FAO) has issued a stark warning about the global implications of the ongoing Gulf crisis.
Fonterra has announced interim changes to the leadership of its Global Ingredients business.
New Zealand agritech company Halter has announced unveiled a new direct-to-satellite technology solution for its smart collars for beef cattle, unlocking virtual fencing for some of the country's most remote farming regions.
Dairy Women's Network (DWN) has announced a new limited edition DWN Monopoly NZ Dairy Farming Edition, created to celebrate the people, places and seasons.

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