Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.
The 2020 KPMG Agribusiness Agenda ranked biosecurity as the major issue of concern amongst agribusiness leaders from around the country. Other issues that ranked highly included securing high quality trade deals, provenance brands and good quality rural broadband. The priority score for biosecurity increased 1.9 percent from last year’s agenda to 9.26/10. KPMG’s Global Head of Agribusiness Ian Proudfoot reports that Covid-19 will continue to impact the economy as well as the lives of citizens and that it has highlighted how exposed New Zealand is to an incursion. Biosecurity controls are more important than ever in the wake of Covid-19, particularly towards threats such as the marmorated stink bug. The report suggests that biosecurity policy should made progressed on a cross-party consensus rather than occurring in the political arena. Mr Proudfoot reports that problems faced by the Australian red meat and barley sectors in relation to market access into China highlights how quickly political differences can become trade issues with massive financial consequences in the tense environment we currently live in.
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