Minister for Agriculture Charlie McConalogue highlighted the need to protect local farmers from high rollers buying land, ensuring relief benefits genuine farmers rather than speculators.
The Finance Minister emphasized that Agricultural Relief is vital for transferring family farms to the next generation, allowing young people to continue their lives in farming.
IFA President Francie Gorman noted that changes to Agricultural Relief on farm transfers significantly align with IFA's proposals, aiding in the orderly transfer of farms.
ICMSA President Denis Drennan expressed appreciation for the move to improve farmers' market positions, addressing concerns about high net worth non-farmers exploiting farm relief measures.
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