Labour’s announcement that it will move agriculture into the Emissions Trading Scheme in stages will cost the livestock sector at least $83 million in year one, rising to more than $830 million each year when fully implemented.
Federated Farmers agrees that action on climate change is needed. But as New Zealand farmers are among the most efficient producers of food on the planet, it is illogical to put the sector at a competitive disadvantage against export competitors, effectively shifting production to less efficient producers overseas. . .
Farmers should not pay for all water pollution – Basil Sharp:
Water use needs a price, but Labour’s misguided water tax is unfair and would not deter polluters.
We need an efficient, sustainable and fair way of allocating water. From the little detail available, Labour’s proposed water tax does not sound like it offers this. Not only does it fail to target polluters, it risks perverse and distorting effects.
The Labour Party proposes applying a royalty – call it a water tax – of up to 2c per 1000 litres of water. The money collected would be given to councils and iwi to restore local waterways. It is not unusual for governments to charge a royalty on resources they own. Our Government applies royalties to minerals vested in the Crown. . .
On the cusp of the election, voters are still in the dark about what taxes they might be hit with if Labour is part of the next government.
A tax (“royalty”) on water is confirmed. But Jacinda Ardern has refused to rule out a capital gains tax, a land value tax, and an asset and wealth tax – other than to say the family home is exempt.
“For Labour to say they’re not able to be more explicit about what they have in mind until they have recommendations from the yet-to-be-named members of a tax panel is something of a cop-out, and certainly doesn’t help voters,” Federated Farmers Vice-President Andrew Hoggard says. . .
The Ministry for Primary Industries’ testing programme for Mycoplasma bovis continues at pace with over 15,000 tests now completed by MPI’s Animal Health Laboratory at Wallaceville.
Response Incident Controller Dr Eve Pleydell says the overwhelming majority of the tests have come back negative, with positive results so far only being found on the six known infected properties. . .
The volume of meat and dairy product manufacturing rose in the June 2017 quarter, Stats NZ said. Sales values also rose, coinciding with high prices.
After adjusting for seasonal effects and removing price changes, the meat and dairy product manufacturing volume rose 8.2 percent in the June 2017 quarter.
“The rise in the meat and dairy sales volume followed falls in the previous two quarters,” manufacturing manager Sue Chapman said. . .
NZ wool market continues to pick up at weekly auction – Tina Morrison:
(BusinessDesk) – New Zealand’s wool market continued to improve at the latest weekly auction, as demand picked up from China, the largest buyer of the fibre, and a decline in the local currency made trading more attractive.
Some 91 percent of the 8,047 wool bales offered at yesterday’s North Island auction were sold, and prices lifted for most styles of wool with the coarse crossbred wool indicator increasing to $3.05 a kilogram, up 6 cents from last week’s South Island auction and 19 cents higher than the previous North Island auction a fortnight ago, AgriHQ said. . .