drought

April 30, 2008

We expect dry weather in late summer so while Southland, Canterbury, Marlborough and much of the North Island were getting publicity about drought last month we were still saying it was situation normal.

 

But as rain has fallen in most other areas it has stayed away from here, though thanks to increased irrigation we are not so badly off as we were a couple of years ago when the photo above was taken.

 

 Now thanks to the North Otago irrigation scheme a lot more of the Waiareka Valley is green but those still on dryland are getting very worried. 

 

We had about 20 mls of rain today, That’s a good start, and definitely better than a nor-wester, but we need a lot more to get soil moisture levels up before it gets too cold.


Who owns what shouldn’t matter

April 30, 2008

The Herald editorial – Strategic When It Suits – sums up Labour’s hypocrisy on asset sales.

 

I’ve never understood the xenophobic attitude to foreign investment.

 

When we converted to dairying we borrowed from the bank and as a result we’ve employed more staff, used more contractors, done more development, produced more, earned more and paid more tax all of which helps the local economy and New Zealand.

 

The bank we borrowed from has foreign owners but uses a building in the main street on which it must pay rent or rates. It employs local people and their wages flow into the economy. It sponsors local and national events, including the Young Farmer of the Year contest; and it pays tax. Some of its profit is reinvested in New Zealand and yes some goes back to its overseas owners. But so what? That’s just the price we pay for being able to borrow their money.

 

The Government’s role is to get the regulatory framework right to protect New Zealand and New Zealanders, once that’s done it shouldn’t matter who owns which companies.


Brash – don’t tinker with GST

April 30, 2008

Anyone who still thinks removing GST from food is a good idea should read Don Brash’s column in this morning’s Herald.


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