Forestry law change highlights competing priorities

The government is rethinking a number of policies over the benefits of pine forests. (Image: Getty)

Thu, 04 Aug 2022

The government’s difficulties in getting forestry policy settings right have been highlighted by two recent decisions.This means juggling the different priorities of planting more trees, getting more investment in forestry and preserving good quality farmland, while also using tree planting to offset carbon emissions, but reducing the incentives to cut emissionsSubmissions on law changes to the rules around foreign investment in forestry have raised concerns they will both reduce investment and not go far enough to protect productive farm...

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John Penno quits Synlait board as George Adams elected chair

Synlait Milk co-founder John Penno has quit the company’s board, and George Adams has taken over as chair.The debt-laden milk processor told the New Zealand stock exchange (NZX) on Wednesday that Adams, who joined the board in March as an independent director, would take over fro...

Riley Kennedy 9:15am