Foreign carbon farmer undeterred by rejection

Foreign carbon farmer undeterred by rejection
The carbon sequestered in trees is viewed as a primary carbon reduction vehicle (Image: Depositphotos)
Rebecca Howard
UK-based specialist asset manager Gresham House is disappointed with the rejection of its bid to invest in New Zealand forestry, but hasn't given up on the antipodes just yet.  “Gresham House is disappointed by the Overseas Investment Office (OIO) decision and we will continue to work with our contacts in New Zealand to seek out other opportunities. Forestry remains a key focus as part of our international expansion,” a spokesperson told BusinessDesk.Late last week, the OIO said consent was declined for Gresham House Forest...

More Primary Sector

Higher milk price could inject $1b more into economy
Primary Sector

Higher milk price could inject $1b more into economy

Fonterra is expected to announce its opening forecast this week. 

Rebecca Howard 28 May 2024
Capital is the elephant not in the room
Primary Sector

Dileepa Fonseka: Capital is the elephant not in the room

Doubling exports also means a cultural shift in how we view capital. 

Dileepa Fonseka 27 May 2024