Primary Sector

Drylandcarbon buys first property

Gavin Evans
Thu, 19 Dec 2019

Gavin Evans
Thu, 19 Dec 2019
A specialist carbon forestry fund established by some of the country’s biggest emitters has bought its first property.Drylandcarbon has agreed to buy the 1,600-hectare Te Puna station near Wairoa. About two-thirds of the property – much of it steep and erosion-prone - will be planted in exotics as a permanent carbon sink. About 114 ha will remain as pastoral lease with the balance allowed to regenerate as native forest.Executive director Ant Beverley said marginal land is ideal for forestry planting, but care is needed to ensure that viable lan...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion FREE
Public sector bargaining must be in good faith
Richard Wagstaff | Thu, 06 May 2021

Unions believe there should be scope to improve the wages of all public servants who have served NZ so well during covid-19 and beyond.

Budget 2021
BUDGET 2021: Tourism gets $200m to aid reset
Paul McBeth | Thu, 06 May 2021

Tourism Minister Stuart Nash says there will need to be some big changes in the sector, and for Milford Sound.

Finance
Fattening bank margins at odds with RBNZ's low rate policy
Jenny Ruth | Thu, 06 May 2021

Bank profits should fall when interest rates are falling but two of New Zealand's largest banks, ANZ Bank NZ and Westpac, are reporting improved profitability.

Partner Content
Productivity concerns and signs of stagflation

Inflation is to be expected in New Zealand, and whilst costs and prices rise, output capacity appears constrained, at least in the short-term; raising the possibility of stagflation.

Sponsored
What you do matters - keeping our crowded places safe

FIRST Security's Chief Operating Officer Steve Sullivan looks at how venue operators and event organisers can implement the new government strategy to protect staff and visitors from armed attacks.