Calls for a national food strategy are growing as the cost of living crisis leaves many unable to afford nutritious food here, despite living in a food producing powerhouse. Lincoln University’s Professor Alan Renwick says it will take a holistic approach as there are many aspects to consider – health, social development, commerce and agriculture. He says the changing climate will force us to rethink how we produce food and where.
Then, new data from Farm Focus highlights the significant financial challenges farmers have faced over the past year. The agri-business software platform supports $9 billion in farming annual income, an analysis of which paints a clear picture of what farming businesses are facing. Farm Focus CEO Auriga Martin said farmers are increasingly hands-on with their business finances and recognise the importance of knowing their numbers and managing finances effectively.
And, Federated Farmers says the terms of reference announced for the upcoming inquiry into rural banking will leave the banks nowhere to hide. Its banking spokesperson Richard McIntyre says there had been a concern that the terms would limit the reach of the inquiry, but those fears have been allayed.