Cyclone Gabrielle cost to farmers could top $1b

Cyclone Gabrielle cost to farmers could top $1b
The government's response is welcome but only a step on the road to recovery. (Image: Getty)
Rebecca Howard
Cyclone Gabrielle is shaping up to be New Zealand’s most expensive weather event in terms of its spread and scale, says Federated Farmers chief executive Terry Copeland."The fact that Cyclone Gabrielle has claimed at least 11 lives is devastating but quite honestly we’re very fortunate the toll isn’t a lot higher," Copeland said.The Federated Farmers policy team estimates total on-farm costs, including income disruption, infrastructure repair and crop or orchard restoration bills for all affected farmers and growers...

More Primary Sector

Without Dawn Meats, Alliance faces 'real’ threat of collapse
Primary Sector

Without Dawn Meats, Alliance faces 'real’ threat of collapse

The fate of the deal will come down to a shareholder vote next month.

MyFarm KiwiFruit Fund launches $35 million capital raise
Primary Sector

MyFarm KiwiFruit Fund launches $35 million capital raise

The MyFarm KiwiFruit Fund has launched a $35 million capital raise for wholesale and institutional investors, and those offshore that qualify for the Active Investor Plus visa.Units are being offered at $1.02, a 5% discount to the fund’s net asset value.The offer, which will clos...

Rebecca Howard 18 Sep 2025
TTR seabed mining bid not affected by law change
Primary Sector

TTR seabed mining bid not affected by law change

No-go zones will not apply to controversial mining bid.

Ian Llewellyn 18 Sep 2025