Daily Stock Market Reports

Budget 22 Investing In Biosecurity For Future Economic Security


  • Budget 22 invests $110.9 million into New
    Zealand’s biosecurity work
  • $42.9 million to
    bolster New Zealand’s biosecurity readiness for future
    incursions
  • $68 million over the coming year to
    continue the M. bovis eradication
    momentum
  • Protection of primary sector vital with
    exports forecast to hit record $50.8 billion for year-end
    2022

The Government is strengthening New
Zealand’s biosecurity system as part of Budget 2022 to
help protect our vital primary sector and native flora and
fauna, Biosecurity Minister Damien O’Connor
announced.

Prime Minister Jacinda Ardern and Damien
O’Connor visited the national bulk milk testing laboratory
MilkTestNZ in Waikato today to mark the success of the
Mycoplasma Bovis (M. bovis) programme and announced funding
of $42.9 million to bolster the biosecurity system as part
of Budget 2022 and $68m over the next year for M. bovis
eradication.

“New Zealand’s flora, fauna and
livestock are the foundations of our primary sector,
economy, rural communities and our economic security,”
Damien O’Connor said.

“The world is reopening from
the pandemic. With increased travel alongside a warming
climate we face challenges from pests and diseases, which
requires further investments to strengthen our biosecurity
system.

“New Zealand’s primary sector revenue has
continued to grow with a record $50.8 billion forecast for
the year ending June 2022 and it is vital that farmers’
and growers’ work is protected by a strong biosecurity
system.

“This support is aimed at protecting
biodiversity, bolstering biosecurity, improving marine
system resilience, and enabling climate resilience. A strong
biosecurity system helps protect the productivity of New
Zealand’s most important export sector and guard our
taonga species.

“New Zealand has a world-class
biosecurity system, but we need to ensure we can meet the
challenges presented by increased cargo freight, and from
pests like the Brown Marmorated Stink
Bug.

“Biosecurity protections were based on a
multi-layered system to reduce risk and manage incursions
when pests arrived.

“There is biosecurity work
conducted offshore (pre-border), at the border, domestically
within New Zealand (post border), and through our trade. As
much risk as possible is managed offshore while still
enabling trade to flow. All goods, craft and passengers that
cross the border are screened for risk and there are many
activities within New Zealand to eradicate pests or reduce
their harm.

“We’ve shown with Mycoplasma bovis
what we can achieve together when an incursion happens, but
we want to reduce risk as much as possible to prevent the
costs and effects for individual farmers and
growers.

“We are chasing down the last remnants of
M. bovis and that’s a credit to all involved and Budget
2022 includes $68m for this eradication programme over the
next year.

“Ideally, we want to avoid the costs of
incursions and it’s important all New Zealanders, not just
farmers and growers, see biosecurity as important and I
encourage them to report concerns via our pest hotline on
0800 80 99 66, or via our recently launched website at
https://report.mpi.govt.nz/pest/,” Damien O’Connor
said.

© Scoop Media

 



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