Subsidies and incentives
Sir,—Those who accuse farmers of inefficiency should compare the export incentives paid to farmers with those paid to industrial exporters. Sheepfarmers this year have received incentive payments of approximately 10c per dollar of overseas exchange earned, while industrial exporters got ?2 for every dollar earned. I can see no reason why farmers cannot be treated in the same way as other
exporters. Obviously the present system is not satisfactory. Apart from being unfair to taxpayers (farmers included) it is losing us markets overseas. The Government should stop protecting New Zealand industry with export incentives and protection from imports, and let the New Zealand dollar float so that supply and demand set its value; then all New Zealand businesses would have to survive on merit and not by the whims of the politicians. — Yours, etc., R. J. BENNETT. June 26, 1983.
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Press, 29 June 1983, Page 12
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143Subsidies and incentives Press, 29 June 1983, Page 12
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