Federated Farmers supported the National Party's water storage programme
The National Party has announced the allocation of $300 million in soft loans for the construction of water storage infrastructure. This measure is designed to help turn New Zealand's rainfall into farm income.
Federated Farmers water spokesperson Richard Dawkins noted the importance of such systems for increasing farmers' resilience to adverse weather conditions and creating economic opportunities in rural areas. According to him, such projects are of great importance to individual producers, local communities, and the environment, as well as helping to get through the initial planning stage and attract investors.
At the same time, the organization believes that the government should additionally participate in covering construction costs. Dawkins stated that in addition to financial investments from shareholders and end users, additional seed funding from the state would help launch such projects more successfully.