The podcast discusses key economic and policy shifts affecting New Zealand farmers, including tax proposals, rising land prices, and the cancellation of a major inland rail project, highlighting concerns over rural economic sustainability and government prioritisation.
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Look, the only good thing we've heard so far that might be coming on the cards is the possibility of being to extend at the moment they get this instant write-off of up to $20,000 a year. So anything that costs up to that can be written off in the year that it was purchased. They brought that in in COVID and they seem to have extended it, but it's never been a permanent feature. So there is a rumour that they may make that a permanent feature of people's tax returns.
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potential relief amid economic pressure
The Country 07/05/26: Chris Russell talks to Jamie MackaySpotted something wrong on this page? Report a correction.