DairyNZ claim of economic ruin "misleading"

Posted 13/11/2019

Source: Scoop News

 

DairyNZ claim of economic ruin if we stop polluting "misleading"

 

New research from independent economic consultancy NZIER shows that DairyNZ's economic analysis and conclusion are misleading New Zealanders.

DairyNZ's economic analysis resulted in them claiming that GDP will lower by 1.1 per cent in 2050 because of the Government's freshwater reform proposals.

NZIER concluded DairyNZ's modelling of the impact of the Government's proposed freshwater reform package represents the "worst-case depiction that may exaggerate the impact."

"Under DairyNZ's modelling; the New Zealand economy will grow at 2.06 per cent each year on average accounting for the 'worst-case' impact of the Government's freshwater reform proposals, compared with 2.10 per cent under the business as usual scenario - a difference of just 0.04 per cent," Fish & Game New Zealand Chief Executive Martin Taylor says.

 

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