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


Forest owners not convinced by Peters’ Bill

2 September 2016

Forest owners not convinced by Peters’ Bill

New Zealand forest owners are unconvinced a proposed Bill will ensure long term viability for the forest industry.

New Zealand First leader Winston Peters has told the New Zealand Institute of Forestry in Dunedin this week that a Bill he proposes will both maintain the national forested area and develop more processing capacity in New Zealand.

Forest Owners’ Association President Peter Clark says from what he understands of Winston Peters’ Bill the opposite will happen.

“Our industry certainly wants continuity of supply for both export and domestic industry. But passing a law will not suddenly produce grown trees in the ground. Nor will it work having the government tell forest managers when they can, and when they cannot, harvest their trees. Mr Peters’ formula doesn’t in any way increase the capacity for more timber processing in New Zealand.”

Peter Clark says the best way to ensure the New Zealand timber processing industry grows and invests in improvements and greater capacity, is to have more trees in the ground.

“For farmers, Māori landowners and forestry investors, the most important factors will be forest profitability and land use policy stability. The forest sector is keen to work with Government as it reviews the policies and rules which have an impact on all land users under the Emissions Trading Scheme and fresh water quality.”

“Trees lock up atmospheric carbon, and can also allow some farming intensification, while they maintain or improve water quality. Forest genetics are improving all the time. That means rotations can be shorter on good growth sites. Forests provide both biodiversity and recreational opportunities as well.”

“Recognition of the wider community benefits in land use and Emissions Trading Scheme policies is what is needed – not restrictions on when, or to who, forest owners can sell their trees,” Peter Clark says.

“We’d love to see more farmers invest some of their land in growing timber. That makes economic sense to the farmer because it gives them another source of income apart from their livestock.”

“But Mr Peters’ idea of having a reconstituted Forest Service spending taxpayer dollars to establish and maintain forests is not the answer. There are more pressing demands on our taxes, with improved roads in many rural areas being an obvious one that would also help with forest profitability.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Retail: New Law Paves Way For Greater Supermarket Competition

Legislation that bans major supermarkets from blocking their competitors’ access to land to set up new stores paves the way for greater competition in the sector, Minister of Commerce and Consumer Affairs Dr David Clark said... More>>

International Business Forum: NZ EU FTA Coming Down To The Wire – Hold The Line

As negotiations accelerate to conclude an ambitious free trade agreement between New Zealand and the European Union, the NZ International Business Forum (NZIBF), representing a cross section of major exporters... More>>

MBIE: NZ space sector set to star in Moon mission
The New Zealand space sector is set to star in NASA’s CAPSTONE moon mission – with Rocket Lab launching a satellite to the Moon from New Zealand in June, and the lift-off of a separate NASA-NZ lunar research project... More>>

MYOB: New Data Shows Increase In SMEs Experiencing Stress And Anxiety

The lingering impacts of the COVID-19 pandemic have led to a surge in the number of local SME owners and operators experiencing stress and anxiety, according to new research from business management platform, MYOB... More>>

Carbonz: Cashing In On Carbon: The New Marketplace Helping Native Forest To Thrive

The country’s first voluntary carbon credit marketplace, Carbonz, is here to restore native biodiversity and help Aotearoa reach its carbon zero goals by selling the first carbon credits exclusively from native forest... More>>
Entrust District: Dividend Will Be Welcomed After Another Tough Year
We’ve all heard of the saying; “if it sounds too good to be true, it probably is” but for Aucklanders within the Entrust District, getting their share of Entrust’s 2022 annual dividend payment really is as good as it sounds... More>>