Thursday, November 10, 2016

The Agriculture Minister says he cannot guarantee a stable income for farmers.

Michael Creed claims that incomes are dictated by market prices, which have been steadily dropping for years.

But he says he is trying to change Budget policies to help: “We established a low interest loan fund for farmers, secondly 601m will be available in the rural development program for farms as direct income aids

And thirdly because of income volatility, that we should tweak the tax code, to enable the farmer to opt out of the income average process and deal with a single year in isolation.”

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