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

 


Primary sector exports continue to boom

Primary sector exports continue to boom

Primary Industries Minister Nathan Guy has released new figures today forecasting a rise in primary sector exports for this year, to nearly $5 billion higher than originally forecast.

The Ministry for Primary Industries has updated the Situation and Outlook for Primary Industries Forecast Update for January 2014.

It reveals an upward trend for agriculture, forestry, and fishing exports by $4.9 billion to $36.4 billion for the year to 30 June 2014.

“This is more economic good news, and shows how the primary industries continue to underpin the New Zealand economy.

“It’s very pleasing to see dairy sector returns forecast to rise by $2.7 billion in 2013/14, and a $1.2 billion increase in meat exports over the same time.

“Growth in these sectors is being helped by rapidly growing demand in emerging markets, and supply constraints in our major competitors.

“The report shows that global demand for sheep meat has risen as China is consuming more, and demand is recovering in the United Kingdom.

“Log prices also increased by 30 percent in the second half of 2013 and forestry firms are expected to take advantage of higher international prices by increasing harvest volumes. This will lead to an additional growth in returns of $0.8 billion in 2013/14.

“As a Government we’ve set a goal of doubling primary sector exports by 2025 and this is another big step towards that. It will be important to build on this growth through the Primary Growth Partnership, encouraging irrigation and water storage, progressing free trade deals, new roads and RMA reform.

“It is very telling that all of these policies to support our most productive industries are opposed by Labour and the Greens. This gives provincial New Zealand a clear choice to make at this year’s election,” says Mr Guy.

A full copy of the updated report is available at www.mpi.govt.n

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On Pharmac, Gough Whitlam And Sleater-Kinney

Ridiculous reported comments on RNZ this morning by Trade Minister Tim Groser, as he sought to dampen down concerns about the leaked draft of the IP chapter of ther Trans Pacific Partnership negotiations. According to Groser, ‘extreme’ positions are common at the outset of negotiations, and these get whittled down over the course of negotiations. Fine.

Except that we’re not at the outset of these negotiations. The outset was six years ago, and negotiators were hoping to have some sort of ‘framework’ deal finished in time for the APEC meeting in a few weeks’ time. These ‘extreme’ positions are what we’ve reached near the intended end of the negotiations.

Still, Groser did promise that the cost of medicines would not rise as a result of the TPP trade deal. Great. But this is not what politicians in other countries are saying. More>>

.

 
 

Parliament Today:

Aussie Investigation Dropped: Call On Minister McCully To Pursue The Case Of Balibo Five

West Papua Action is deeply concerned at the lack of any clear outcome from the Australian Federal Police inquiry into the 1975 deaths of the ‘Balibo Five’ including NZ journalist Gary Cunningham. More>>

ALSO:

'Feed The Kids' Bill: Metiria Turei To Lead Fight On Feeding Hungry Children

Green Party Co-leader Metiria Turei is urging all political parties to support the Feed the Kids Bill which she inherited today from Mana leader Hone Harawira. More>>

Parliament Today: State Opening Of Parliament

The House sat at 10.30am on Tuesday before MPs were summoned to hear the Speech from the Throne in the Legislative Council Chamber. More>>

ALSO:

Tertiary Education: Students Doing It Tough As Fees Rise Again

The Government is making it increasingly difficult for Kiwis to gain tertiary education as fees continue to rise and access to student support becomes even more restricted, Labour’s Tertiary Education spokesperson Chris Hipkins says. More>>

ALSO:

Housing, Iraq: PM Press Conference – 20 October 2014

Prime Minister John Key met with press today to discuss:
• Housing prices and redevelopment in Auckland
• Discussions with Tony Abbott on the governmental response to ISIS, and New Zealand’s election to the UN Security Council More>>

ALSO:

Labour: Review Team Named, Leadership Campaign Starts

Labour’s New Zealand Council has appointed Bryan Gould as Convenor of its post-General Election Review. He will be joined on the Review Team by Hon Margaret Wilson, Stacey Morrison and Brian Corban.

ALSO:

Roy Morgan Poll: National Slips, Labour Hits Lows

The first New Zealand Roy Morgan Poll since the NZ Election shows National 43.5% (down 3.54% since the September 20 Election). This isn’t unusual, National support has dropped after each of John Key’s Election victories... However, support for the main opposition Labour Party has crashed to 22.5% (down 2.63% and the lowest support for Labour since the 1914 NZ Election as United Labour). More>>

ALSO:

In On First Round: New Zealand Wins Security Council Seat

Prime Minister John Key has welcomed New Zealand securing a place on the United Nations Security Council for the 2015-16 term. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news