DairyNZ eyes the opportunities in latest budget
21 May 2018
DairyNZ welcomes the government’s budget announcement, which has presented some real opportunities for the dairy sector – including the One Billion Trees programme and the Green Investment Fund.
“The new funding to the One Billion Trees initiative could present opportunities for dairy where there are benefits to increasing on-farm planting – including carbon sequestration, improving water quality, and trees for forage and shelter,” says Tim Mackle, DairyNZ chief executive.
“We look forward to understanding the eligibility criteria and hope the definition of a ‘tree’ will be broadened and include plant species suitable for wetlands and riparian corridors.
“We also hope the Green Investment Fund will present an opportunity for the dairy sector and dairy farmers to adopt low-emissions technologies as they become available.”
New funding for enhancing and controlling predators could also benefit dairy farmers and the sector, which invests in significant pest control programmes such as TBfree. Increased investment to strengthen the biosecurity system and $85m to respond to mycoplasma bovis will also provide immediate and future assistance to dairy farmers.
However, DairyNZ is disappointed to see Primary Growth Partnership (PGP) funding decreased by $80m over five years. “The PGP adds a significant amount of value to the sector across a range of areas, so we are disappointed to see this funding reduced,” says Mr Mackle. “We hope that investment into the Sustainable Farming Fund could present an opportunity for dairy to continue research into key areas.”
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