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

 

Sustainable Farm Fund supports eucalypt forestry initiative

Sustainable Farming Fund (SFF) supports eucalypt forestry initiative

A national forestry initiative with roots in Marlborough has again been successful in its bid to the Sustainable Farming Fund.

The New Zealand Dryland Forests Initiative (NZDFI), which is establishing forests of genetically improved durable eucalypts in New Zealand’s driest regions, will get $216,000 of SFF funding towards a three year programme worth over half a million dollars.

Project manager Paul Millen said the “fantastic” news would see the five-year old initiative extended to new landowners and regions, with a focus on species specific management of the existing and new blocks.

“The past five years have seen us establish over 120,000 trees in research trials from Bay of Plenty to North Canterbury. The key to this project is in helping our landowners and growers get optimal success from the trees.”

That includes research and training in silviculture, he said.

“We want growers to know and understand that they are very different to managing pine trees.”

The project will look at the potential of the chosen eucalypt species on various sites to produce pole and post wood from short rotations.

“In forestry we look at 30 year horizons, and here we are looking at potential to grow pole and post wood in 10-15 years.”

One of NZDFI’s major aims is to create hardwood posts to replace CCA treated pine in New Zealand vineyards and orchards.

The results of the current trials, which involve “wild seed” from selected eucalypts, will be compared down the track with the genetically improved species, bred from the best performing of the trial trees.

“Our breeding programme is a critical part of the initiative, and could deliver productivity gains of up to 30 percent,” said Mr Millen.

The NZDFI also wants to diversify New Zealand’s timber supply, with high quality durable hardwood available in place of some of the $270 million of hardwoods imported annually.

“From 2035, we will be substituting for imported Australian and tropical woods from unmanaged and unsustainable sources,” the NZDFI stated in its application to the SFF.

For example, project supporter Marlborough Lines wants to see domestically grown durable eucalypt used for its hardwood cross arms.

There is also the potential to create a high value hardwood export timber industry in New Zealand’s east coast regions, worth $2 billion by 2050.

The Ministry of Primary Industry Sustainable Farming Fund (SFF) invests in farmer, grower and forester-led projects that deliver economic, environmental and social benefits to New Zealand’s primary industries.

In 2010 the SFF granted the NZDFI $399,000 to pay for planting breeding populations of durable eucalypt species, allowing the project to extend into dryland areas from Bay of Plenty to North Canterbury.

Mr Millen said the new grant had been enabled by the continued support of its landowners and other financial supporters, who will provide another $318,000 in cash and in-kind contributions.

The NZDFI’s founding partners include the Marlborough Research Centre, New Zealand School of Forestry (University of Canterbury), Vineyard Timbers and Proseed NZ Ltd.


ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Tiwai Point: Rio Tinto Announces Plans To Close Tiwai Point Smelter

Rio Tinto has just announced that it will wind down New Zealand Aluminium Smelters - the Tiwai Point smelter - saying the business is no longer viable. More>>

ALSO:

Freight: New Report On Auckland Port Relocation

The Government has released a major new report on the options for relocating the Port of Auckland’s freight operations while deferring any decision on the issue. More>>

ALSO:

Chartered Accountants: COVID-19 Fails To Knock Kiwi Investor Confidence, But More Disclosure Wanted

Three months of COVID-19 lockdown and investment turmoil has done little to knock confidence in New Zealand capital markets and listed companies with overall investor sentiment very similar to 2019, an investor survey held in mid June shows. However, ... More>>

ALSO:

Taxation: Black-Market Tobacco Sidesteps $287 Million In Excise Tax

Year-on-year increases in consumption of illicit tobacco in New Zealand have seen illegal trade swell to 11.5% of the total market. If consumed legally, illicit products would have netted the Government $287 million in excise tax during 2019. Independent ... More>>

ALSO:

Energy Sector: Meridian Spilled Water To Hike Electricity Prices - Authority Ruling

The Electricity Authority has found that generator Meridian Energy manipulated the power market, costing consumers about $80 million. More>>

ALSO:

XE Data Update: RBNZ Official Cash Rate Decision

The RBNZ will keep the Official Cash Rate (OCR) at 0.25%. T he key points in the RBNZ statement are: RBNZ keeps the OCR unchanged at 0.25% Maintain the LSAP (large scale asset purchase) at NZD$60 billion. Committee prepared to use additional monetary ... More>>

ALSO:

Electricity: Kiwis Ignore Promise Of Cheaper Power

Electric Kiwi and Flick Electric Co are joint winners of Canstar Blue’s award for Most Satisfied Customers | Electricity Providers From putting on an extra layer – rather than turning on a heater – to turning off lights and choosing the energy-saving ... More>>

ALSO:

Electricity: Transmission Pricing For A Low Carbon Future

The Electricity Authority has decided on new guidelines for transmission pricing. James Stevenson-Wallace, Chief Executive of the Electricity Authority says the new guidelines will deliver significant benefits to consumers, through lower electricity ... More>>

ALSO:

NIWA: The Climate Record That Keeps Getting Broken

Among the multitude of New Zealand climate statistics there is one record that continues to be broken month after month. Since January 2017 there has not been one month that recorded a below average nationwide temperature, according to NIWA’s seven station ... More>>

ALSO:

Govt: Extended Loan Scheme Keeps Business Afloat

Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small ... More>>

ALSO:

Science: 2019 Prime Minister’s Science Prizes Announced

The 2019 Prime Minister’s Science Prizes have been announced in a digital livestream event today. The Prizes recognise the impact of science on New Zealanders’ lives, celebrate the achievements of current scientists and encourage scientists of the ... More>>

ALSO:


RNZ: Fuel, Alcohol Costs To Go Up From Today

The increase today in the taxes on fuel, road user charges and alcohol is being called a tone-deaf move. More>>

ALSO:

Stardome Observatory: Young Kiwi Astro-Photographer Shoots For The Stars

Matariki by Josh Kirkley. The stars are aligning for up-and-coming Auckland-based astro-photographer Josh Kirkley (Kāi Tahu). During lockdown, one of his images was picked up by NASA and shared on the space agency’s Instagram to its 59.2 million ... More>>


DCANZ: Time For EU To Commit To A Level Playing Field For Trade

The Dairy Companies Association of New Zealand (DCANZ) has welcomed New Zealand Trade Minister David Parker’s statement that it is unacceptable for New Zealand exporters to continue facing an ‘unlevel playing field’ in the EU. Details leaked ... More>>

ALSO:

Potatoes New Zealand: Protecting NZ Fries As Part Of PNZ Pandemic Recovery & Transformation Plan

Potatoes New Zealand has met with Minister Faafoi this week to discuss investigating the potential importation of heavily discounted frozen potato chips into New Zealand. With MBIE’s support we are undertaking an investigation to gather evidence of the ... More>>

ALSO:


New Zealand Government: Supporting Kiwi Businesses To Resolve Rent Disputes

The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. More>>

ALSO: