Forestry reforms a risk to investor confidence - Timberlands

Mon, 25 May 2020

New rules being rushed through Parliament to regulate forestry advisers and log traders are too broad and risk reducing investment confidence in the sector, one of the country’s biggest forestry groups says.The licensing regime proposed by the government would capture not just firms advising and trading logs for small lot holders as intended, but even major groups processing their own logs or managing their own exports, said Kaingaroa Timberlands, a venture owned by the New Zealand Superannuation Fund, Canada's public sector pens...

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