Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Rocky ride ahead for agriculture

Rocky ride ahead for agriculture

National Party Finance spokesman Don Brash is predicting a rocky ride for our agricultural sector as the exchange rate rises, commodity prices soften and New Zealand is left out in the cold on free trade.

He made the comments at the Large Herds Association Annual Conference in Paihia this morning.

"The bad news is that the world economy looks distinctly unsteady at the present time and that's before the highly uncertain implications of the situation in the Middle East, or of the SARS epidemic, are figured in," says Dr Brash.

"If the traditionally close relationship between world economic growth and New Zealand's commodity prices continues, we should be battening down the hatches.

"My hunch is that the New Zealand dollar is more likely to appreciate against the US dollar over the next year than it is to depreciate.

"At around 55 US cents, the New Zealand dollar is in fact at almost precisely the mid-point of its range over the 18 years since it was floated in March 1985," Dr Brash says.

"And now the chances of a satisfactory outcome of the Doha round of WTO negotiations look increasingly bleak.

"But instead of straining every muscle to help the farming sector, or indeed the business sector more generally, this Government has made life more difficult with a raft of legislative changes.

"From ACC, to OSH and the RMA, the Government has proven itself to be no friend of farming," says Dr Brash.

"If dairy farmers are to prosper, they need what every other business needs - an efficient public sector providing good quality infrastructure, the minimum of regulatory interference, a tax system which encourages investment and innovation, as well as vigorous competition among suppliers.

"With the present Government, we're not going to get them," Dr Brash says.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news