On 14 March 2024, Minister for Agriculture, Todd McClay, declared a medium-scale adverse event for the Marlborough, Tasman and Nelson districts because of the current drought conditions.
To help affected farmers and growers we have made a ‘class of case’ decision for the Income Equalisation Scheme to allow late deposits for the 2023 year until 30 June 2024, and allow early withdrawals if the deposit was made prior to the 14 March 2024.
We have more information about discretionary relief available.