Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Horticulture growers to vote on levy reduction

Horticulture growers to vote on levy reduction

A levy reduction for commercial fruit and vegetable growers will be voted on at tomorrow’s Horticulture New Zealand Annual General Meeting (AGM) in Tauranga, says Horticulture New Zealand President Julian Raine.

Commercial fruit and vegetable growers covered by Horticulture New Zealand are legally required under the Commodity Levies (Vegetables and Fruit) Order 2013 to pay a levy on the sale of those fruit and vegetables grown in New Zealand.

"We are proposing the levy be reduced by 0.01% to 0.14% (14c per $100 of sales)," Mr Raine says.

"With prudent cost controls in the preceding financial year, Horticulture New Zealand has been able to reach an initial target of $2 million of retained earnings. The Board is conducting a review to develop a reserve policy that will be tabled at the 2018 AGM. For the current year, the Board believes $2 million is enough to sustain a downturn in levies and still continue to provide essential services.

"So the Board has recommended to the AGM that the levy be reduced."

Horticulture New Zealand’s Annual Report for the 2016-17 financial year will be tabled at the AGM, outlining the work the organisation has done to match the strategy set by the Board.

"The Board has developed the vision: Healthy food for all forever. It is a simple concept, but behind it lies a lot of work to ensure rights to grow; access to appropriate land, water and labour; and better market access for exports," Mr Raine says.

"As well, we need to focus on the biggest threat to our growing environment, a biosecurity breach that could allow a devastating pest or disease into New Zealand."

Horticulture New Zealand’s AGM runs alongside the Horticulture Conference 2017, starting in Tauranga tomorrow and running until Friday. It is a joint conference between Horticulture New Zealand, Vegetables New Zealand, Tomatoes NZ and the New Zealand Asparagus Council.

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: