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.
Irrigators say they are looking forward to continuing to develop a constructive and productive working relationship with the new government.
IrrigationNZ chief executive Andrew Curtis congratulated Prime Minister-elect Jacinda Ardern and the new government.
He noted that speaking to media this morning Ardern wouldn’t confirm the details of the coalition agreement but stated that NZ First leader Winston Peters had been very firm in his opposition to the water tax.
“Irrigation is essential for the production of many foods and helps keep food affordable. Investment in irrigation infrastructure improves our resilience by helping protect New Zealanders from drought related food shortages and food price spikes,” says Curtis.
“As proposed a water tax would not be an effective way to improve rivers as the regions with the least swimmable rivers – Auckland, Northland and Waikato would receive minimal funding as they have little irrigation.”
‘IrrigationNZ carried out a survey of 120 irrigators which found that a water tax could have many unintended consequences including reducing investment in more modern irrigation equipment and systems that manage water more efficiently and reducing spending in rural communities.
Curtis says that farmers and growers around New Zealand are already investing in actions which will improve river water quality in the future – including fencing 26,000km of waterways, carrying out riparian planting and developing farm environment plans to address any issues on their property.
“Improvements to rivers will be achieved by actions taken on farms along with local communities working together with access to robust science to help them understand the issues, and find innovative solutions to specific local issues.”
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.
Farmers are welcoming the announcement of two new bills to replace the under-fire Resource Management Act.
The Government has announced it will immediately roll over all resource consents for two years, with legislation expected to pass under urgency as early as this week.
The New Zealand National Fieldays Society has achieved a major sustainability milestone - reducing its greenhouse gas emissions and reaching the target five years early.