Damien O’Connor Criticises Budget 2026 as ‘Miserable’ for Rural New Zealand
A miserable budget that didn’t deliver much for anyone.
Agriculture Minister Damien O’Connor told the NZ Institute of Primary Industry Management conference that more R&D spending is needed in the whole economy and that not all agricultural investment will be behind the farmgate.
He says MPI’s economic intelligence unit is getting the world’s best information on trends and information on protein, fibre, etc.
“We are looking out for that information to try to bring it back and share it, but the question is should we force-feed money to try to make progress? If industries don’t see the need to do this they are going to fail anyway. We are not going to subsidise…. we went beyond that in the 1980s.
“We have to lift our game across the board because we are being challenged by all these alternatives.”
He cites margarine as an example. “As an industry we fought it and they ran over us”. It was easier to spread and after about 15 years of resistance we finally looked at spreadable butter. (Spreadable butter was made by Kaipara Co-op Dairy Co in the early 1970s. Ed.)
“For about 30 years we were beaten up by margarine until finally we got to the point where we said ‘this highly processed stuff is probably worse for you than butter’.”
“We have to wake up and be more mature about the challenges coming at us.”
“It won’t be just a picture of the Southern Alps,” he said, referring to a comment from a conference attendee that was our only response so far to the threat from alternative proteins.
“It will be a whole lot around the nutritional value of meat and ensuring there is not unwanted residues in there.
“The ability to test around residues is going up and up.”
ACC says that this week's Fieldays is a great chance for farmers to pause and reflect on their processes and ensure that their life is in balance.
Bank of New Zealand (BNZ)will expand its First Farm support with a new funding boost designed to help more farmers and growers take their next step into farm ownership.
Westmorland Estate Ltd, a Waikato company running three dairy farms, runs on the philosophy that 'you are only as good as your team'.
AgriZeroNZ is ramping up efforts to accelerate the uptake of emissions reduction tools on farm with a new initiative to help more farmers put proven tools into practice.
With the general election just molnths away, farmers have launched a five-point plan for the next government.
The Government is investing in a range of initiatives designed to strengthen the resilience of rural communities and improve preparedness for future adverse events.

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