Those issues and the high dollar mean farmers aren’t reaping the full value from red meat exports particularly.
Still, in a covid-19 world, the export market is holding up really well.
However, it’s not shipping containers that are really grinding farmers’ gears at the moment – it’s utes, and the fact that imported vehicles will be taxed in an effort to decarbonise the vehicle fleet.
As is often the case, the regulator is copping the blame for something the market is in the process of taking care of.
Most major car makers are in the process of switching production to electric vehicles, so the gas guzzler will be off the menu in a few years.
It’s worth remembering that the tax is only on imported vehicle purchases, so perhaps it’s worth seeing if the Hilux can last another year or two?
Bryan Gibson
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