Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Don't Walk Over Property Rights

26 November 2003

Don't Walk Over Property Rights

Proposals to increase walking access to private property are coercive, unprincipled and amount to an erosion of private property rights, New Zealand Business Roundtable executive director Roger Kerr said today.

Mr Kerr made his comments as the Business Roundtable released its submission on the Land Access Ministerial Reference Group's report, Walking Access in New Zealand .

"The proposals entail a substantial erosion of secure private property rights which is detrimental to prosperity. The right of exclusion is central to the concept of private property. There are compelling grounds for the government to compensate individuals and firms if private property rights are appropriated. This requirement would force the government to weight up the costs and benefits of its proposals.

"Land-based industries such as farming, forestry and tourism will be directly affected by weakened property rights. The plan would coerce private property owners to provide access to their land.

"The public can access vast areas of the country without encroaching on private property rights, and recreationalists are commonly granted permission to enter on private land provided they act responsibly.

"Private property rights should be strengthened in the interests of promoting prosperity and social cohesion - these proposals would do the opposite," Mr Kerr said.

The New Zealand Business Roundtable's submission is available online at cess.pdf

© Scoop Media

Business Headlines | Sci-Tech Headlines


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news