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

 

Beef + Lamb NZ welcomes certainty for infected properties

Beef + Lamb NZ welcomes certainty for infected Mp.bovis properties

The Ministry for Primary Industries (MPI) has announced that all cattle on properties infected with the Mycoplasma bovis (Mp.bovis) cattle disease will be culled and the farmers’ losses compensated.

“The MPI decision that cattle on all infected properties will be culled provides clarity to farmers that have been living with this uncertainty,” said Dave Harrison, General Manager Policy and Advocacy at B+LNZ.

“This has been a very trying few months for affected farmers who have been restricted from trading, borne extra costs, and suffered worr y and anxiety about the future.

“We will continue to support our farmers and work closely with MPI as it seeks to establish the extent of Mp. bovis spread in New Zealand, prior to making a decision about whether to eradicate the disease or seek to manage it.

“Regardless of what option is pursued, B+LNZ is determined to ensure any lessons from Mp. bovisare learned to make the livestock sector more resilient to biosecurity threats.”

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Commerce Commission: Warns Genesis Over Business Billing Errors

The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers. Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to ... More>>

QV: Tax Changes Yet To Dampen Red-Hot Housing Market

Just over a month has passed since the Government announced measures aimed at dampening the rampant growth of the property market, and yet the latest QV House Price Index data shows the market hit a new high in April. The average value increased 8.9% nationally ... More>>

Stats NZ: Consents For New Homes At All-Time High

A record 41,028 new homes have been consented in the year ended March 2021, Stats NZ said today. The previous record for the annual number of new homes consented was 40,025 in the year ended February 1974. “Within 10 years the number of new homes ... More>>

The Conversation: Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis , this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. More>>

Reserve Bank: Concerned About New Zealand's Rising House Prices

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More>>

Westpac: Announces Strong Financial Result

Westpac New Zealand (Westpac NZ) [i] says a strong half-year financial result has been driven by better than expected economic conditions. Chief Executive David McLean said while the global COVID-19 pandemic was far from over, the financial effect on ... More>>