1 00:00:00,320 --> 00:00:02,920 Speaker 1: Should young farmers be allowed to use their Keiwi savers 2 00:00:03,000 --> 00:00:04,960 Speaker 1: to buy the first farm, the first flock, or the 3 00:00:04,960 --> 00:00:07,880 Speaker 1: first herd. Fed Farmers has just launched a petition calling 4 00:00:07,920 --> 00:00:10,319 Speaker 1: on the government to urgently change the key we Savior 5 00:00:10,440 --> 00:00:12,440 Speaker 1: rules to help farmers get their foot on the ladder. 6 00:00:12,720 --> 00:00:15,280 Speaker 1: And Richard McIntyre is fed Farmer's Dairy chair and with 7 00:00:15,360 --> 00:00:18,560 Speaker 1: us now, hey, Richard, hey, it seems to be a 8 00:00:18,600 --> 00:00:20,360 Speaker 1: no brainer at least to be able to buy the 9 00:00:20,400 --> 00:00:23,360 Speaker 1: first farm, right, Oh, look at it. 10 00:00:23,360 --> 00:00:25,520 Speaker 2: Very much as to us, Heather, you know, to us 11 00:00:25,600 --> 00:00:28,440 Speaker 2: this is very much about fairness for farm staff and 12 00:00:28,480 --> 00:00:32,800 Speaker 2: then also enabling progression and then succession within the accepted What. 13 00:00:32,840 --> 00:00:35,919 Speaker 1: About the first herd though, Explain to me why you'd 14 00:00:35,960 --> 00:00:37,479 Speaker 1: do that? I mean, because I can understand with the 15 00:00:37,520 --> 00:00:39,760 Speaker 1: farm you're living on the farm in the same way 16 00:00:39,760 --> 00:00:41,680 Speaker 1: that I'm living in my first house. But you're not 17 00:00:41,720 --> 00:00:42,760 Speaker 1: living in your herd, are you. 18 00:00:44,200 --> 00:00:46,839 Speaker 2: Well. Farming is very very capital intensive, and to get 19 00:00:46,840 --> 00:00:48,680 Speaker 2: your foot in the foot in the door, you need 20 00:00:48,680 --> 00:00:50,760 Speaker 2: a lot of money as a deposit in order to 21 00:00:50,800 --> 00:00:53,959 Speaker 2: begin effectively moving your way up the ladder, such as 22 00:00:54,360 --> 00:00:56,120 Speaker 2: you know, leasing a farm and buying a flock of 23 00:00:56,680 --> 00:00:59,720 Speaker 2: sheep or her owning share milking, and so for example, 24 00:01:00,120 --> 00:01:02,320 Speaker 2: for us, we ever heard of four hundred and fifty cows. 25 00:01:02,560 --> 00:01:05,120 Speaker 2: We needed over three hundred thousand dollars as a deposit 26 00:01:05,280 --> 00:01:06,720 Speaker 2: in order to be able to buy that herd and 27 00:01:06,760 --> 00:01:10,160 Speaker 2: progress within the sector. You know, Kiwi farmers are really 28 00:01:10,200 --> 00:01:12,440 Speaker 2: struggling to put that money aside, and a lot of 29 00:01:12,480 --> 00:01:15,200 Speaker 2: them are actually deciding not to put money into kiwisaver 30 00:01:15,640 --> 00:01:18,080 Speaker 2: and basically scrimp and save because I know they need 31 00:01:18,120 --> 00:01:20,479 Speaker 2: all the money that they can get to actually get 32 00:01:20,520 --> 00:01:22,480 Speaker 2: there for the door and move up that ladder. 33 00:01:23,280 --> 00:01:25,160 Speaker 1: Would that not be the same as me taking out 34 00:01:25,160 --> 00:01:27,000 Speaker 1: my key we saveor to buy my first business. 35 00:01:28,319 --> 00:01:31,039 Speaker 2: Well potentially, you know, and obviously they're going to need 36 00:01:31,080 --> 00:01:34,080 Speaker 2: to be some good guidelines around that, you know. Where 37 00:01:34,080 --> 00:01:36,679 Speaker 2: we would see it, it would be the idea that 38 00:01:36,680 --> 00:01:38,840 Speaker 2: you could only use the money to invest in something 39 00:01:38,920 --> 00:01:41,720 Speaker 2: that wouldn't appreciate effectively, So you wouldn't use it for 40 00:01:43,000 --> 00:01:45,880 Speaker 2: vehicles or anything like that. You could use it for 41 00:01:46,160 --> 00:01:48,320 Speaker 2: bricks and mortar, or a herd or a flop which 42 00:01:48,400 --> 00:01:50,560 Speaker 2: although they do get old and can die, they also 43 00:01:50,920 --> 00:01:52,360 Speaker 2: reproduce themselves as well. 44 00:01:52,520 --> 00:01:54,480 Speaker 1: Okay, I mean, I think probably on the herd of 45 00:01:54,520 --> 00:01:56,920 Speaker 1: the flock, you may have a bit of a there 46 00:01:56,960 --> 00:01:58,760 Speaker 1: may be a bit of an argument about whether that's smart, 47 00:01:58,760 --> 00:02:00,760 Speaker 1: but certainly the first farm seems no brainer. So why 48 00:02:00,800 --> 00:02:01,960 Speaker 1: hasn't National done it? Then? 49 00:02:03,240 --> 00:02:05,160 Speaker 2: Yeah, look, we're trying to understand it a little bit 50 00:02:05,200 --> 00:02:07,360 Speaker 2: as well. I suspect there are a few a few 51 00:02:07,360 --> 00:02:08,640 Speaker 2: things they need to work through in terms of how 52 00:02:08,639 --> 00:02:11,040 Speaker 2: they would potentially make this fear for everyone else, you know, 53 00:02:11,080 --> 00:02:13,240 Speaker 2: a little bit like you're referred to. But to us 54 00:02:13,280 --> 00:02:16,040 Speaker 2: it seems like an absolute no brainer. Probably the only 55 00:02:16,080 --> 00:02:18,040 Speaker 2: big point to make here is at the moment, you know, 56 00:02:18,160 --> 00:02:20,720 Speaker 2: when you if you live in an urban sitting, you 57 00:02:20,760 --> 00:02:24,200 Speaker 2: can easily buy your first heart, you know, put take 58 00:02:24,240 --> 00:02:25,760 Speaker 2: money out of you keep, we say it, to buy 59 00:02:25,800 --> 00:02:27,919 Speaker 2: your first house because you live in it. When you're 60 00:02:27,919 --> 00:02:30,359 Speaker 2: in a rule setting, your job typically comes with a 61 00:02:30,400 --> 00:02:33,280 Speaker 2: service centers a house that you live in on the 62 00:02:33,320 --> 00:02:36,119 Speaker 2: farm because you live remotely, and so all of these 63 00:02:36,240 --> 00:02:38,799 Speaker 2: young farm staff are actually unable to get onto the 64 00:02:38,840 --> 00:02:40,959 Speaker 2: property leadder at the same time as the urban peirs. 65 00:02:41,200 --> 00:02:43,400 Speaker 2: And so there's a real fairness issue here that needs 66 00:02:43,400 --> 00:02:43,960 Speaker 2: to be addressed. 67 00:02:44,720 --> 00:02:47,760 Speaker 1: Now I know that there was remind me who it 68 00:02:47,800 --> 00:02:49,919 Speaker 1: is in the National Party who's got the members bill. 69 00:02:51,240 --> 00:02:53,600 Speaker 2: Sue's red man, the MP further it together. 70 00:02:53,680 --> 00:02:55,560 Speaker 1: Okay, so like, let's not be I don't want to 71 00:02:55,600 --> 00:02:57,680 Speaker 1: be unkind to her, but she's nobody right, She's right 72 00:02:57,720 --> 00:02:59,840 Speaker 1: back there. This is not a big person putting their 73 00:03:00,000 --> 00:03:02,239 Speaker 1: aim to this. So I think this is just being 74 00:03:02,320 --> 00:03:04,800 Speaker 1: parked the fact that they have got this, Sus has 75 00:03:04,840 --> 00:03:06,960 Speaker 1: put it into the biscuit tin about three weeks ago. 76 00:03:07,120 --> 00:03:09,040 Speaker 1: You guys are now launching a petition? Is that you 77 00:03:09,120 --> 00:03:11,840 Speaker 1: being frustrated that they're not actually getting on with this 78 00:03:11,919 --> 00:03:12,799 Speaker 1: in a significant way. 79 00:03:13,919 --> 00:03:15,760 Speaker 2: So well, first of all, we're divided with what Sus 80 00:03:15,840 --> 00:03:17,880 Speaker 2: is done. She's been awesome in this respect, but we 81 00:03:17,960 --> 00:03:20,840 Speaker 2: are really pushing the government to actually, you know, follow 82 00:03:20,880 --> 00:03:22,919 Speaker 2: through on their promise that they made pre election, which 83 00:03:22,960 --> 00:03:26,920 Speaker 2: is to allow young farmers to remove money from their 84 00:03:27,000 --> 00:03:28,280 Speaker 2: QUI saver and a one off. 85 00:03:28,680 --> 00:03:30,600 Speaker 1: What's going on though, Rochard, I mean you guys are 86 00:03:30,639 --> 00:03:32,880 Speaker 1: tapped in this. Is it act or New Zealand first? 87 00:03:32,919 --> 00:03:34,400 Speaker 1: Who is putting the kaibosh on this? 88 00:03:35,560 --> 00:03:37,840 Speaker 2: Well, not entirely sure at this point, but in certainly 89 00:03:37,920 --> 00:03:39,760 Speaker 2: not progressing as fast as we think it should end. 90 00:03:39,760 --> 00:03:42,560 Speaker 2: So this petition, which has had a huge amount of 91 00:03:42,560 --> 00:03:44,400 Speaker 2: support so far and I'm sure we'll get heaps of 92 00:03:44,400 --> 00:03:47,320 Speaker 2: support over field days, is going to help to add 93 00:03:47,360 --> 00:03:48,760 Speaker 2: to the pressure on the government to actually get this 94 00:03:48,800 --> 00:03:49,320 Speaker 2: out of the line. 95 00:03:49,480 --> 00:03:51,480 Speaker 1: Yeah, brilliant stuff. Hey Richard, thanks for talking us through 96 00:03:51,520 --> 00:03:54,640 Speaker 1: at Richard McIntire, Federated Farmer's chairperson of Dairy. Yeah, not 97 00:03:54,680 --> 00:03:58,680 Speaker 1: to be disrespectful to SUS, but SUS is their parking order. Ay, 98 00:03:58,960 --> 00:04:00,840 Speaker 1: they've parked it, giving it to SU as they were 99 00:04:00,880 --> 00:04:02,960 Speaker 1: like park that for us make it look like we're 100 00:04:02,960 --> 00:04:05,280 Speaker 1: doing something and we're not actually doing anything anyway. Nichola 101 00:04:05,320 --> 00:04:06,880 Speaker 1: Willis is with us, as you know, she's with us 102 00:04:07,200 --> 00:04:08,640 Speaker 1: after six on a Monday, so we have a little 103 00:04:08,680 --> 00:04:10,280 Speaker 1: chat to her, just find out what's going on here. 104 00:04:10,880 --> 00:04:14,080 Speaker 2: For more from Hither Duplessy Allen Drive, listen live to 105 00:04:14,160 --> 00:04:17,200 Speaker 2: news talks it'd be from four pm weekdays, or follow 106 00:04:17,240 --> 00:04:19,000 Speaker 2: the podcast on iHeartRadio.