Primary Sector

More farmland falls to Pinus Radiata

Rebecca Howard
Thu, 02 Jun 2022

Farm land is increasingly being used for pine trees. (Image: Unsplash)

Rebecca Howard
Thu, 02 Jun 2022

The Overseas Investment Office (OIO) has approved four applications to convert farmland to forestry, under the soon-to-be-defunct special forestry test. The streamlined test was introduced in late 2018 to encourage more tree planting but amid growing concern that an increase in carbon farming was coming at the expense of New Zealand’s rural communities, the government said in February it was taking steps to ensure “the right forest is planted in the right place, for the right reasons”.In the future, any investment must be...

Unlock all stories
free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
Comprehensive business and markets coverage
News via email, web and Apple/Android apps

Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Find out more

Subscribe now

Name

E-Mail Address

Password

Confirm Password

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Cardholder's Name

Card

You will be charged in 10 days unless you cancel beforehand. We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service {{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Or Subscribe with Google

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Energy

More work on Onslow gets green light from ministers

Ian Llewellyn | Thu, 07 Jul 2022

Cabinet gives green light to more Onslow pumped hydro project, narrows down alternative options on solving the dry year problem.

Finance

Homebuyers: the bank is still watching your spending

Frances Cook | Thu, 07 Jul 2022

The sillier parts of the CCCFA are gone, but banks still need to make sure you can afford a loan, so they’re going to go through your income and expenses.

Law & Regulation

Lego, Zuru to head to trial over use of trademark

Ben Moore | Thu, 07 Jul 2022

The two toy titans have clashed over Zuru’s use of the Lego trademark on statements of compatibility on its packaging.

More farmland falls to Pinus Radiata

Subscribe now

Or Subscribe with Google

Not convinced yet?

Your company has a subscription

Team