Rants, Raves, Reviews


Time to buy a dairy farm

By Gary R, in , posted: 24-May-2007 10:15

Wow, what a staggering increase in payments to dairy farmers with an additional $1.5b to be pumped back into the economy. The average income to a farmer will increase by $118,000 to $140,000.

I am sure this will worry our Reserve Bank what with a whole heap of cash being injected into new Holdens, tractors and LCD TV's. It is an absolutely fantastic result for the farmers who have had their own fair share of hardship over the years but what effect will it have on us mortgage paying urbanites? Another interest rate hike anyone?




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Comment by sbiddle, on 24-May-2007 12:42

Great.. If you're a farmer yo;'re going to get more money to buy a new Plasma TV, if you're a beneficiary you're getting more to pay off the HP on a new Plasma TV and if you're got kids you get tax relief to buy the new TV. If you're a typical worker who apparently "earns too much" you're told to bugger off and that you would waste the money.


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Gary R
Wellington
New Zealand


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