The government's directive to the Overseas Investment Office to raise the bar in overseas applications to buy sensitive New Zealand land has scared away tens of millions of dollars in investments in rural property and will hurt farm values, real estate firms say. Jonathan Underhill from BusinessDesk reports
New Zealand sheep farmers, whose fortunes in recent years have been overshadowed by their dairy farmer colleagues, are having a strong season with lamb prices approaching record levels, according to AgriHQ's Monthly Sheep & Beef report for June.
Drivers face massive fuel cost hikes and a ban on petrol and diesel engine vehicles within 15 years, while farmers will have to radically change land use if New Zealand is to become carbon neutral by 2050. Bernard Hickey reports.
Rod Oram details the latest in agricultural industry innovation unveiled at a conference in Wellington and looks at whether New Zealand is being too complacent and not investing enough in new technology and systems to fend off the coming disruptions of cellular and urban agriculture.
New Zealand's chief scientist says synthetic foods pose a real threat to agricultural exporters, but better regulation of genetic modification could create an equally large opportunity, Lynn Grieveson reports.