Picking winners?
OPINION: Every time politicians come up with an investment scheme where they're going to have a crack at 'picking winners' with our money, the Hound cringes.
NZ's special agriculture trade envoy Mike Petersen has given the Labour Party and others a serve over its clearly “political” stance and “ridiculous claims” about the Trans Pacific Partnership (TPP) trade negotiations.
In a detailed interview with Rural News on the TPP negotiations, Petersen has expressed disappointment at the Labour opposition’s apparent change of heart over free trade deals.
“I am very disappointed the Labour Party has turned TPP into a political platform and broken what appeared to be a very constructive and bi-partisan position on trade,” he says. “However, I would like to think that when the deal is concluded and proceeds through the ratification process, this position will be reversed. There are enough rational thinkers on trade in the Labour Party to enable this to happen.”
Petersen also dismisses critics’ claims that NZ’s negotiators will sell off the country’s sovereignty in an effort to sign up to the TPP.
“I am close to the negotiations – without being directly involved – and I assure you our negotiators are not going to sell NZ’s sovereignty,” he said. “I would urge [the critics] to wait until the final deal is agreed before passing judgement on these aspects and I believe that when the deal is completed the NZ public will be surprised at how good it is and how ridiculous some of the claims have been.”
Meanwhile, Petersen believes if a deal is agreed, then he and others will need to turn around the public understanding and perception of what the TPP will actually mean for NZ. He says this has been tainted by ill-informed scaremongering led by the likes of left-wing academic Jane Kelsey.
“There is no doubt that, assuming we close this deal, one of my key roles, with others in the primary sector, will be to help the public understand the benefits for NZ. These are jobs, economic growth, wealth creation and a future for our young people.”
Last month's Agritechnica event led to a wide group of manufacturers celebrating successes when the 2026 Tractor of the Year Competition winners, selected by a panel of European journalists, were announced in Hanover Germany.
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.

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