The podcast discusses proposed changes to capital gains tax and negative gearing in New Zealand, framed as a move toward generational equity but criticized for disproportionately affecting older Australians and reducing property investment; it also highlights record beef market增长
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Yes, well, we're we've seen our uh slaughter in two thousand and twenty-five go up twelve percent in slaughter rates to nine point two eight million head. Now we've only got twenty-two million head in Australia or thereabouts, so you know that's a massive slaughter rate, and it's just behind the two thousand and fifteen record of nine point five million. Now, the two thousand twenty-six outlook, um Rabo Bank has predicted that's gonna climb another two percent to nine point four seven million and an additional two percent in twenty twenty-seven. So uh we're seeing a lot of cattle being slaughtered, and of course, this all comes about from the big demand from the US, particularly for hamburger type meat, but that's changing as well because people are requiring more and more high quality of meat America as the Azempic effect bites. Um so the whole market's changing for beef, and um the Chinese have just issued more licenses for even though their quotas are still in place, they've issued more licenses, so they're expecting that that to be a prelude to an increase in our quota as well. Um and of course, in America, they've still got tremendously low uh beef herd numbers, uh, and beef and cattle price in the United States are at record highs at the moment with imports increasing. So if you're in the beef market, um hundred and forty-six thousand tons of beef sent uh uh sent to the United States this year, which is up thirteen months on the first four months of last year, Jamie.
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reaching record levels amid shifting global demand
The Country 14/05/26: Chris Russell talks to Jamie MackaySpotted something wrong on this page? Report a correction.