Impending Drought Looms Over Cyclone-Hit Regions
The National Institute of Water and Atmospheric Research (NIWA) has sounded the alarm over the imminent arrival of drought conditions in various parts of the North Island, notably in regions such as Hawke’s Bay and Tairāwhiti. These areas, already grappling with the aftermath of Cyclone Gabrielle, are on the cusp of facing potentially one of […]
Farmers Concerned Over Bank’s Emission Targets Amid Financial Strain
Farmers have voiced concerns regarding certain banks introducing emission reduction targets, especially during increasing financial challenges in the agricultural sector. Federated Farmers, a representative body, cautions that farmers might consider switching banks if these institutions impose such targets. Financial institutions face heightened scrutiny to quantify and disclose financed emissions, which are greenhouse gas emissions associated […]
Mystery Surrounds Large Meat Dumping in Christchurch’s Public Bins
Residents of Christchurch have been left puzzled as nearly 670 kilograms of meat have been discarded in the city’s public bins in recent weeks. The Christchurch City Council has highlighted the financial implications of such actions, revealing that the cost of clearing up fly-tipping from the city’s roadsides has exceeded $800,000 over the past six […]
New Zealand’s Economic Landscape: A Brief Respite Amidst Looming Challenges
New Zealand’s economy appears to have made a modest recovery from a brief recession in the second quarter, driven largely by a significant rise in immigration. According to a median estimate from a Bloomberg survey of economists, the Gross Domestic Product (GDP) saw an increase of 0.4% in the three months leading up to June. […]
Government Awaits Request for Rural Banking Inquiry
Agriculture Minister Damien O’Connor recently stated that the government refrained from initiating an inquiry into rural banking due to the absence of a formal request from the sector. Addressing the Rural Issues Debate in Hamilton, O’Connor expressed his support for Federated Farmers’ proposition that the succeeding government should commission an independent investigation into rural banking. […]
Federated Farmers Advocate for Independent Examination of Rural Banking
Federated Farmers have voiced their concerns regarding the current state of rural banking and are urging the forthcoming Government to initiate an independent investigation into the matter. Richard McIntyre, the spokesperson for Federated Farmers on Domestic Commerce and Competition, highlighted the challenges farmers face, such as escalating costs, adverse weather conditions, and diminishing payouts. He […]
New Zealand’s Red Meat Sector Urges Future Government to Prioritize Agriculture in Economic Strategy
WELLINGTON — As New Zealand charts its economic future, leaders in its red meat sector are urging the forthcoming government to place agriculture, particularly beef and lamb production, at the forefront of the nation’s economic blueprint. A newly released document titled “Putting Meat on the Bone,” jointly presented by the Meat Industry Association and Beef […]
New Zealand Dairy and Meat Exports Face Sharp Declines Amid Global Economic Slump and Diminished Chinese Demand
Wellington, New Zealand — According to the latest ANZ Agri Focus report, the global economic downturn, coupled with decreased demand from China, is causing an alarming drop in New Zealand’s dairy and meat prices. Who will be impacted? New Zealand dairy and meat farmers. The ANZ Agri Focus report reveals a swift drop in farmgate […]
