The podcast discusses advancements in agricultural technology, global market reactions to a potential Middle East ceasefire, and the economic pressures on New Zealand's primary sector due to rising diesel prices and oil supply disruptions.
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Verbatim segments from politicians speaking on podcasts and radio shows about this topic. Sourced via the voice-reference library — each speaker has been confirmed manually from their voice clip. Click play to stream the original audio from the publisher, pre-seeked to the moment the quote starts.
Yeah, look, diesel is a real challenge, Ben, and we know that that's the critical one because, you know, that's obviously what powers our whole economy. And so, you know, we have the good news is, you know, as we've tried to outline to New Zealand, we've got four phases. The first thing we have to do is secure fuel supply. There are countries around the world that have actually broken their supply chains. We are not in that position. Our fuel importers are giving us great confidence that they're getting all their orders, all their shipments. That's job number one, because if we lose fuel supply. than we have a massive impact on jobs and incomes across the country. So that's been what our real focus has been on. Then should we get to a position that's prudent for us to plan ahead in case we get really disrupted. But, you know, at this point, there is no evidence of that. There's no risk of that happening. But should that happen, we then need to think about how we would prioritise and support New Zealand and our economy through that period of time. It is a really challenging time. We know with fuel diesel is really important. There are a lot of global factors that means that... diesel has increased the most of our fuels more so than petrol and jet I think it's up over 80 percent and what our focus is on is how do we get additional supply and security in place which is why we committed last week to build out a diesel storage tank in Whangarei over and above our standard holdings which is really good just gives us more extra supply and that will be finished in about two months so yeah we know it's difficult particularly for our diesel operators across the country for sure For sure.
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immediate end to military conflict in key regions
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