Articles tagged with Todd

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Government and Industry Partner to Boost New Zealand Strong Wool Value with Innovative Products

The New Zealand Government and industry are partnering to transform strong wool into high-value products like inks, 3D printing materials, and bioplastics through an $8 million contribution to a $20 million project led by Wool Source Manufacturing Limited. The initiative will establish a large-scale manufacturing facility in Christchurch to produce wool-derived particles and powders for global markets worth over $50 billion, promoting sustainable, renewable alternatives to fossil fuel-based materials. This project aims to increase farmgate returns, support rural communities, and redirect up to 20% of the strong wool clip into premium applications, enhancing the sector's resilience and sustainability.

Government Boosts Funding for Rural Catchment Groups to Support Farmers and Land Management

The Government is supporting farmers by expanding rural catchment groups and providing $40.5 million in funding over four years to improve land management and water quality across New Zealand. There are currently 51 groups, with 17 regional collectives being funded to enhance coordination and coverage, while efforts to reduce regulatory burdens and modernize resource management continue. Agriculture Ministers Todd McClay and Mike Butterick emphasize the success of these groups in delivering environmental benefits and sustaining high-quality, sustainable food production.

New Zealand Food and Fibre Exports to Hit Record $64.3B by 2026

New Zealand’s food and fibre sector is driving strong economic growth, with exports forecast to reach a record $64.3 billion by June 2026 and $70.1 billion by 2030, supported by high demand for dairy, red meat, and horticulture products. The government, led by Minister Todd McClay, is committed to backing farmers through trade expansion, reducing barriers, and implementing reforms in freshwater, resource management, and agricultural emissions. This support aims to boost rural communities, create jobs, and help achieve the goal of doubling export value within ten years.

Greater Land Use Flexibility Empowers Māori Farmers for Productivity and Sustainability

Agriculture Minister Todd McClay and Māori Development Minister Tama Potaka emphasize that greater land use flexibility enables whenua Māori landowners to enhance productivity and environmental outcomes. The Government is investing $2.6 million in a project with Te Arawa Primary Sector Incorporated to help Māori landowners optimize farm production, increase profitability by 10-30%, and reduce greenhouse gas emissions by 5-25%. This initiative aims to support farmers and growers through regulatory reform, innovation, and data sharing, strengthening New Zealand's primary industries and rural communities.

Government Backs NZ Forestry Innovation with $8M Mass Timber Project Boost

The New Zealand Government, led by Agriculture Minister Todd McClay, is investing $3.2 million in a project to develop prefabricated mass timber modules, aiming to boost forestry sector innovation, onshore processing, and job creation. This initiative supports land use flexibility, sustainable productivity, and shifting supply from export to domestic markets, enhancing value and stability for regional economies. The project will assess technical, economic, and environmental factors to encourage long-term investment and provide data to help farmers and growers innovate and grow their businesses.

New Zealand Boosts Horticulture with Land Use Flexibility and Innovation

The New Zealand Government is enhancing the horticulture sector by providing greater land use flexibility and investing $19.14 million in a five-year project to boost kiwifruit orchard productivity, quality, and environmental sustainability. This initiative, supported by Zespri and New Zealand Kiwifruit Growers Incorporated, aims to increase kiwifruit export sales to $7.9 billion by 2035/36 and generate an economic impact of $15.8 billion. By reducing regulatory burdens and leveraging science and technology, the Government seeks to support farmers and growers, strengthen regional economies, and ensure a productive, sustainable primary industry sector.

New Zealand Boosts Agriculture with Land Use Flexibility and Sustainable Innovation

The New Zealand Government is enhancing agricultural land use flexibility to promote innovation, sustainable productivity, and a reduced environmental footprint, supporting over 257,000 workers and contributing $52 billion in exports. It is investing in multi-million-dollar projects to boost beef, sheep, and dairy production with improved environmental outcomes, including reducing nitrogen leaching and increasing pasture utilization and feed efficiency. These initiatives aim to back farmers with regulatory reforms, science, and technology to ensure profitable, sustainable growth that benefits regional economies and rural communities.

Government Invests $143M to Boost NZ Food & Fibre Sector Productivity Through Innovation

Prime Minister Christopher Luxon and Agriculture Minister Todd McClay emphasize that New Zealand’s food and fibre sector, which accounts for over 80% of exports, requires increased productivity through innovation and greater land use flexibility. The Government is investing $143 million in six commercial projects across various sectors, partnering with industry to demonstrate how science, technology, and regulatory reform can drive growth while reducing environmental impact. A report from Lincoln University and ASB Bank projects that adopting these innovations and flexible land use could boost the economy by $10 billion within five to seven years.

AgriZeroNZ Launches $51M Early Adoption Accelerator to Boost NZ Farm Tech

The Government and industry have jointly launched the AgriZeroNZ Early Adoption Accelerator, contributing up to $51 million each to support the rollout of innovative farm technologies that enhance New Zealand farmers' competitiveness and emissions efficiency. This co-funded program focuses on practical, scalable solutions, building on prior investments in emissions-reducing research, with tools like EcoPond already available and more technologies expected soon. AgriZeroNZ invites companies and industry groups to participate in projects over the next three years, aiming to provide farmers with diverse technology choices tailored to their operations.

Government Invests $260K to Boost Rural NZ Resilience and Preparedness

The Government has launched three initiatives totaling $260,000 to enhance the preparedness and resilience of rural communities through strengthening Rural Advisory Groups, supporting Taskforce Kiwi volunteers, and developing rural leadership skills. Agriculture Minister Todd McClay and Rural Communities Minister Mark Patterson emphasized the importance of proactive investment in capacity-building to help rural areas effectively respond to and recover from adverse events. These efforts aim to support farmers, protect food supplies, and foster stronger, well-prepared rural communities before crises occur.

New Rural Scholarship Empowers Future Leaders in Agriculture and Forestry

The Government has introduced the Minister of Agriculture Future Leaders Scholarship to support emerging leaders in agriculture, horticulture, and forestry by providing three $10,000 grants annually for study and capability building. The program aims to develop governance skills and practical experience in rural primary sector leadership, addressing capability gaps through collaboration with sector leaders. Agriculture Minister Todd McClay emphasizes the scholarship's role in nurturing leadership and sustaining the sector's long-term success.

New Zealand Advances GeoShot NZ Project to Drill First Superhot Geothermal Well

The GeoShot NZ project aims to drill New Zealand’s first superhot geothermal well at the Rotokawa Geothermal Field, with government funding of $55 million approved for pre-drilling and exploratory activities. The initiative involves expert partners and advanced technology to harness superhot fluids at depths of 4–5 km, offering significantly more energy than conventional wells and enhancing national energy resilience. This pioneering effort, supported by international collaboration, seeks to establish New Zealand as a leader in clean, high-capacity geothermal energy for long-term regional and national benefits.

New Zealand and France to Hold Annual Ministerial Meetings to Boost Trade and Investment

Minister for Trade and Investment Todd McClay and French Minister Nicolas Forissier agreed to establish annual ministerial meetings to strengthen New Zealand-France trade, investment, and business collaboration. This initiative builds on the New Zealand-European Union Free Trade Agreement, which enhances opportunities for exporters and opens new pathways for engagement across sectors like technology, aviation, and agri-tech. The regular dialogue aims to create partnerships and growth by leveraging France's strengths and New Zealand's ambitions within a strong, rules-based trade framework.

NZ Trade Minister McClay Leads Key UK FTA Meeting and OECD Council Talks

Trade and Investment Minister Todd McClay is visiting the UK to co-chair the NZ-UK FTA Trade Committee meeting and Paris to vice-chair the OECD Ministerial Council Meeting, marking the third anniversary of the NZ-UK Free Trade Agreement, which has boosted two-way trade to a record $7.4 billion in 2025. New Zealand exports to the UK have surged by 75% over three years, driven by strong demand for premium products, with significant growth in meat and business services exports. During his visits, McClay will engage with international counterparts to discuss trade progress, cross-border investment, and strengthen relationships that support New Zealand jobs and economic opportunities.

Budget 2026 Boosts NZ Primary Sector with $4.77B for Growth and Sustainability

Budget 2026 allocates $4.77 billion over four years to support New Zealand's primary sector, focusing on boosting productivity, improving land management, and enhancing resilience. Key investments include funding to combat wilding pines, reduce agricultural emissions, and support farmer-led initiatives, aiming to sustain the food and fibre sector, the country's largest export earner. The government emphasizes efficient resource use, regulatory reform, market expansion, and environmental partnerships to ensure the sector’s sustainable growth and economic contribution.