Oz tractor sales in reverse
Given that the Australian tractor and machinery market saw meteoric sales in 2021 and 2022, it was always expected that 2023 would be a little tempered.
With tractor sales for the first half of 2015 down 17% on the same period in 2014, the Tractor and Machinery Association (TAMA) sees strong prospects for a recovery long term.
“After exceptional sales in 2014 we expected a small decline in 2015,” says TAMA president Mark Hamilton-Manns. “Though the dip is greater than anticipated, we expect sales to recover during the second half of the year.”
Tractor sales fell from last year’s 1770 to 1465. There were declines in the high volume areas of Waikato and Southland, while Auckland, East Cape and South Canterbury bucked the trend with gains.
Hamilton-Manns says the industry is in good heart, a survey of members showing a perceived need to recruit 50% more apprentices -- 150 new jobs in the industry.
“The continuing demand for new tractors and machinery demonstrates the desire by New Zealand farmers to upgrade ageing equipment with new technology,” says Hamilton–Manns. “In doing so they will maximise output while reducing annual repair and maintenance costs.”
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
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Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
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