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 Twynam water buyback to hit machinery dealers 

Twynam water buyback to hit machinery dealers

16 Jun, 2009 02:00 PM
The chief executive of one of Queensland’s largest large farm machinery and truck dealerships, the Vanderfield Group, says the Federal Government is "very, very short-sighted" in its decision to purchase nearly 240 gigalitres of water entitlements worth $303m from the Twynam Agricultural Group.

Bruce Vandersee says the "implications are unbelievable" for rural communities still recovering from the drought.

Looking at pictures on his office wall of a fleet of cotton pickers working on the property in its cotton-growing hey-day, he finds it difficult to accept that productive country has effectively been "locked up" for all time to the detriment of agriculture's future.

"My issue is that Federal Government money is being splashed around to stimulate the economy while here's a direct killer of the economy for questionable benefits," Mr Vandersee said.

"Minister [Penny] Wong's agenda appears to be she can fix the world with her climate change agenda and, while she's working on a theory, it's a fact she's killing off part of the Australian economy that's actually going pretty well."

Mr Vandersee speaks of the ripple effect flowing from the Twynam decision, principally the diminishing employment prospects for rural people, lost business to machinery companies like Vanderfields, and also the overseas implications.

This is a reference to a recent meeting with the giant US machinery company John Deere which now must get to grips with more shrinkage in Australia's cotton picker market.

"So the (buy-back) decision is even affecting a factory in the middle of the USA," Mr Vandersee said.

The managing director of Vanderfield, which was founded in 1963, and is one of this country's largest John Deere dealers, said the company first started doing business with Twynum in 1989 when it was Colly Farms and one of the Group's biggest customers.

"What I really want to push is that this decision not only will have some direct effect on our company but also the nation's economy - for all time," Mr Vandersee said.

"It's like carving off the Kimberley region of Australia and giving it to Indonesia – they've effectively locked it away, never to be used again."

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comments


Date: Newest first | Oldest first
Why is the government spending hundreds of millions of taxpayers' credit on productive water during a drought, for the pleasure of some ducks which are sitting in Lake Eyre.
Posted by Susan, 16/06/2009 7:14:10 PM
A lot of people seem to decrying this decision but the company thought it was good (productive) for them. Isn't that the basics of 'free enterprise'. Maybe it's not good for machinery saleman because they will miss out on their fat commissions!!
Posted by Farmer Dave, 17/06/2009 7:03:55 AM
I'd suggest the businesses complaining of a government being shortsighted had better start thinking 50 to 100 years ahead instead of the next financial year. There are a lot of people who can't see past the end of their nose weighing in from several sides to this debate (anyone listened to Senator Fielding lately), no doubt from a generation which will dead before the full impact of Australia's flawed water policies are experienced by the grandchildren of the current generation. Our irrigation licence has been cut and we are now looking for more sustainable uses for our land, I'd suggest these mega-farms do the same.
Posted by Simon, 17/06/2009 7:12:49 AM
It's a pity some people haven't seen the effect that excessive water usage has had on the lakes. What's going to happen when the Murray Darling system dies. There will be a lot less jobs. Some prople are just selfish and that is why the river system is in such a mess now. Come on look past the end of your nose.
Posted by Helfa47, 17/06/2009 6:26:38 PM
Many machinery dealers are major employers in western towns. They employ apprentices, accountants, receptionists, detailers and invest heavily in their own communities and provide a vital service. They are just one of the industries who will be affected by Wong's destructive efforts, supported by folk who think they are immune from needing primary industries 50 to 100 years from now. Most comments suggesting shortsightedness must be from people who have never ventured west of the Blue Mountains.
Posted by tax payer, 18/06/2009 3:50:04 PM
Helfa46, if you bother to look past the end of your nose you will have noticed the most protracted drought since settlement, this is why the lakes are dry, without reticulation the river would have completely stopped running properly two years ago! What Wong has done is just plane dumb.
Posted by What The, 18/06/2009 6:57:32 PM
It's good to see a businessman with the courage and foresight to condemn the shortsightedness of the Rudd govt. There is no doubt that the sustainability of our economy is in the hands of productive enterprises - both primary & secondary. They will be the rescuers of the economy from the recent wasteful handouts and they will be the ones shackled by the totally pointless "Carbon Reduction Scheme" which has no chance of having any effect on the climate.
Posted by Fairdinkum, 19/06/2009 9:22:45 AM

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Vanderfield managing director Bruce Vandersee says he is worried about the future of first year apprentices like Pat Mullins who stand to be impacted by the Federal Government’s water buy-back decision.
Vanderfield managing director Bruce Vandersee says he is worried about the future of first year apprentices like Pat Mullins who stand to be impacted by the Federal Government’s water buy-back decision.
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