Federated Farmers welcomes National's water storage scheme, says it should go further
Federated Farmers has expressed support for the New Zealand government's $300 million loan scheme for water storage projects, though they argue more direct government funding is needed. The organization views these projects as essential infrastructure for farm resilience and economic growth.
Why it matters
The debate over water storage funding highlights the tension between agricultural development needs and government fiscal policy in New Zealand.
Federated Farmers is welcoming National's announcement of a scheme to help get water storage projects built.
National is promising $300 million in low-cost loans to build water storage to turn more of New Zealand's rainfall into farm profits.
Federated Farmers water storage spokesperson Richard Dawkins said water storage was critical infrastructure that could help farmers become more resilient to adverse weather events and unlock economic opportunities for rural communities.
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