fbpx
Print this page
Tuesday, 09 May 2023 12:07

Dreaming!

Written by  The Hound

OPINION: A mate of the Hound's reckons Westpac agri economist Nathan Penny is dreaming with his latest reckons about on-farm inflation.

Penny claims current on-farm inflation is now sitting at aroun 13% - down from 15% at the end of last year.

However, this old mutt's mate is not sure what Penny has been smoking, because the Westpac man reckons on-farm inflation will be down to 4% by the end of this year and down to 2% by the end of 2024.

The Hound's mate suggests Penny needs to get out of Westpac's ivory tower on Auckland's Queen Street and out on the farm more often.

He reckons Penny would then find that the chances of on-farm costs falling to 4% by Christmas this year are about as likely as Westpac offering 3% mortgage rates at the same time!

More like this

Don't hold back!

OPINION: ACT MP Mark Cameron isn’t everyone’s cup of tea, but he certainly calls it how he sees it, holding nothing back when ‘climate scientists’ had a crack at Kiwi farmers recently:

Sorry, not sorry

OPINION: Did former PM Jacinda Ardern get fawning reviews for her book?

Arise Sir Paddy

OPINION: Missed out on a knighthood in the King’s Birthday Honours, again?

Ivory bloody towers

OPINION: The antipathy the previous government had for farmers no longer holds court on the Beehive’s 9th floor, but it’s still alive and well in some ivory towers, judging by a recent missive from the self-styled ‘Integrity Institute’.

Are they serious?

OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their fiscal fantasies.

Featured

Brendan Attrill scoops national award for sustainable farming

Brendan Attrill of Caiseal Trust in Taranaki has been announced as the 2025 National Ambassador for Sustainable Farming and Growing and recipient of the Gordon Stephenson Trophy at the National Sustainability Showcase at in Wellington this evening.

National

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…