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


Farmer confidence in rural directions

15 June 2004

Farmer confidence in rural directions

Revelations that farmer confidence has had its biggest jump in optimism in the history of the Rabobank survey should be no surprise, Rural Affairs Minister Jim Sutton said today.

The majority of those surveyed in the ACNeilsen/Rabobank survey did not believe the economy would deteriorate over the next 12 months. The key confidence indicator of farmers' investment intentions has also risen, with 84 percent of farmers expecting to increase or maintain investment in stock, plant and land. Over half of all farmers now expect their income to rise.

Mr Sutton said the unnaturally large drop in the last survey was mainly because of its timing.

"It came as unseasonal storms had caused hundreds of millions damage throughout the North Island and the top of the South Island, the dollar was high against other currencies, and

He said the boost in optimism reflected farmers' appreciation of the Government's agricultural recovery package and a Budget that increased biosecurity funding again, a vital area for the rural economy.

"Funding for negotiating trade agreements with Thailand and China was also increased. Farmers know that the Government's work in trade negotiations directly boosts their income. "

Mr Sutton said rural people, like other New Zealanders, benefited from the measures in the Government's latest Budget and in other measures aimed at improving people's lives. Increased spending in health and education, and the continued expansion of services such as Heartland Service centres and broadband internet into the regions would have a positive impact for many rural people.

"Rural people recognize that the Labour-led Government has acted to help them, and it will continue to do so."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


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>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>


Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>


Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news