5 Mar 2013

NAIT reduces some levy charges

1:45 pm on 5 March 2013

The cost of electronic animal identification tags for cattle will drop on Friday because the take-up of the technology is ahead of expectations.

The cost of a cattle tag under the National Animal Identification and Tracing (NAIT) scheme will drop from $1.10 each, to 90 cents. The slaughter levy will also fall from $1.35 to $1 later this week.

NAIT chief executive Russell Burnard said the non-profit farmer-owned company only needs to recover its costs - and it's had more money come in earlier that it thought it would.

Deer became a part of the NAIT scheme last Friday.