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Food and fibre sector brings extra $1.2 billion into economy, surprising experts

Author
Newstalk ZB,
Publish Date
Thu, 24 Aug 2023, 8:41pm
Photo / File
Photo / File

Food and fibre sector brings extra $1.2 billion into economy, surprising experts

Author
Newstalk ZB,
Publish Date
Thu, 24 Aug 2023, 8:41pm

The food and fibre sector export revenue has reached new heights and earned $57.4 billion in the year to June 30.

This has brought an extra $1.2 billion into the economy, surpassing Agriculture Minister Damien O'Connor's expectations.

The Country's Jamie Mackay says this news comes with a caveat, as the dairy and sheep sectors are likely to take a hit.

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