web analytics

Overseas land sales, Landcorp land sales, and the environment

Written By: - Date published: 6:28 am, October 27th, 2017 - 194 comments
Categories: climate change, Environment, farming, sustainability - Tags: , ,

Stuff are reporting that Jericho Station near Te Anau in Southland is being sold by Landcorp. An offer had been accepted from an overseas investor while an offer from a Southlander has been rejected even though it was only around $200,000 less. The bid is now going to the Overseas Investment Office for approval.

Winston Peters has been critical of the case this year,

Peters has also criticised the Jericho deal on the grounds that it represents an opportunity cost for New Zealand’s largest farmer. If the unconditional offer had been invested immediately it would have generated about $26,000 a month in interest.

Considering it took on average about eight months for an application to handled by the OIO, Landcorp would lose $208,000 in opportunity cost over that time, which equalled the difference in the two bids.

“If this $200,000 difference is true, then it is obvious National’s handpicked Landcorp board is not working in the best interests of New Zealand taxpayers,” Peters said several months ago.

It’s very easy to take a black and white position on this – NZ land should only be sold to NZers. I hold this position myself and am concerned about the amount of rural land in particular that is being sold to overseas buyers. But I’m equally concerned about what ends up happening to that land no matter who buys it. If the overseas buyer is going to convert a station to regenerative or sustainable agriculture vs a NZ buyer who is going to convert a sheep farm to dairy, what’s the best thing to do?

As it is, NZ’s policy has been to favour economics. There is some attention paid to environmental issues, but they’re tagged on rather than being intrinsic. Protection of the environment is too often seen in the mainstream as being mitigation of pollution rather than truly taking care and giving respect. We need to centre the environment in policy, and this is even more important going into the potentially unstable word of climate change. In that context we also need to have our land owned by NZers.

What I’m pointing to here is that single policy solutions are no longer adequate but instead need to be integrated across the activities of the State. We need to protect ownership of land and we need to regulate and facilitate far better stewardship of the land than we do currently.

Which brings me to this. Why is Landcorp selling the farm at all? I hope it’s solely because of the direction from National who were intent on stripping NZ of its assets while it could, and that the Labour-led govt will now change Landcorp’s course. Given the central part that farms have to play in our future of climate mitigation and adaptation, food security, landcare and restoration, and transition to sustainable agriculture, having a government department that leads the way on those things in commercial farming makes sense.

Land should be considered an inalienable part of any country. I would go further and say it shouldn’t be primarily seen as a resource, but instead as the very ground of our being upon which we are dependent. I’m tempted to say that’s a discussion for another day, but there is a direct line of connection between National’s pillage economy and selling Landcorp land, and right in the middle of that is NZ society’s view that land is there to be used, be it productive farming or recreation. Until we place the wellbeing of the land in the centre, it will always be vulnerable to the next change of government.

So yes, let’s push for an end to overseas land ownership, but we need to equally push for the environmental protection of that very same land. We also need the state to remember how central land is to everything else and retain its responsibility for working with public land for the public good.

194 comments on “Overseas land sales, Landcorp land sales, and the environment”

  1. cleangreen 1

    Thank god we have Winston.

    We need Freehold protection of our productive land for certain and the Overseas Investment office needs to be closed down now!!!!!!!

    As “there has been very few rejections of foriegn buyers of our sensitive farmland in our small country”.

    This selling of our most important producing land is a crime as we are effectively cutting our own throats and those of our childens and grandchildren.

    As for the environment these overseas investors are not foung to be good custodians of our environment any more then we are and we need better management rules around land use in areas where pollution runoff is high such as in high rainfall regions like southland is.

    This wholesale selling of NZ must now stop.

    Thanks Weka for this excellent article, and have a great day.

  2. Ad 2

    Why does the state own and operate a farm?

    • cleangreen 2.1

      Ad,

      Good question, “why does the government own and operate a farm”?

      Probably for reseach, as we did previously when we had the “Lands and survey land holdings,” or for keeping a land public asset land banking, or for future protection of our dwindling land holdings for future sale for our own citizens?

      It seems like a future planning scheme.

      • Ad 2.1.1

        They are a great company, and one of the most forward-looking and adventurous farming businesses around. They are no doubt a model farmer to New Zealanders.

        This government should promise never to sell it to foreigners. But they should break it up and sell it to locals. They’ve already been doing that through the Treaty settlements.

        • Andre 2.1.1.1

          But surely if the government is to lead by example in boosting R&D and developing better farming practices, then keeping Landcorp in state hands would be really valuable for that strategy. Y’know, so the research teams can easily take the next step beyond tiny research plots into actual real world conditions and scale.

          • Ad 2.1.1.1.1

            That depends what the aim of the R&D is for.

            Personally I would hope that it focuses on generating higher value and lower mass products and services. That wouldn’t require public ownership.

            Although I am awaiting with interest how the Zero Carbon bill intersects with the R&D approach.

        • weka 2.1.1.2

          “But they should break it up and sell it to locals.”

          That doesn’t ensure the land gets used appropriately or well.

          • Ad 2.1.1.2.1

            Neither does public ownership in itself. Solid Energy. Many of the CRI’s. Even DoC has hardly been a model steward.

            • weka 2.1.1.2.1.1

              I was referring to Landcorp land. Selling it to the open market pretty much ensures it would be managed worse (not individual farms, but the Landcorp holdings overall). I’m glad you brought this up though, because farming is the exemplar of why private ownership and the market can’t be trusted. We already know that mainstream farming is a massive problem in NZ.

              I’m all for the govt cleaning up its act with other departments too.

              • Ad

                Lots of different ways to sell Landcorp.

                Plenty of subdivisions now have a raft of provisions on them:
                landscaping of a specific quality, kind of operation you can run, date by which you have to complete construction, minimum square metre coveraage, value of the construction. And then you have the District Plan provisions. Some developments even have a say on who the actual neighbours will be.

                A major point of restricting rural land sales to foreign owners is to ensure that New Zealand residents and citizens get a better chance at owning their own farm. Here’s a really simple start: break up Landcorp.

                • A major point of restricting rural land sales to foreign owners is to ensure that New Zealand residents and citizens get a better chance at owning their own farm.

                  Which is delusional. There really isn’t any more land being produced.

                • weka

                  “Lots of different ways to sell Landcorp.”

                  Of course, but none of the are necessary and you haven’t yet made a good argument for why selling the land off is better than retaining the land and the value that Landcorp ownership brings.

                  “Plenty of subdivisions now have a raft of provisions on them:
                  landscaping of a specific quality, kind of operation you can run, date by which you have to complete construction, minimum square metre coveraage, value of the construction. And then you have the District Plan provisions. Some developments even have a say on who the actual neighbours will be.”

                  Good environmental protection requires regulation and culture change. We’re seriously lagging on both. This is why despite the examples you give, we are still wrecking land at a very fast rate. Landscaping is tinkering.

        • Draco T Bastard 2.1.1.3

          Privatisation of the commons always results in the collapse of society.

          This is a lesson that we need to learn from history and not one that we can keep on ignoring as poverty gets ever worse.

          • Enough is Enough 2.1.1.3.1

            Not that I necessarily disagree with your statement, but do you have an example of where the nationalisation of all private land has created a sustainable society?

            • Draco T Bastard 2.1.1.3.1.1

              Have you got an example of where privatisation of the commons has ever actually worked and not destroyed society?

              Remember, it’s privatisation that’s removed resources from the commons and thus allowing a few to control everyone else.

              • Enough is Enough

                No I don’t.

                Now back to my question?

                • Why?

                  You’ve just admitted that privatisation is the problem not keeping the nations resources in the hands of the nation.

                  We’re in the position of having to undo the mistake of privatisation.

              • Richard Christie

                “Privatisation of the commons always results in the collapse of society.”

                “do you have an example of where the nationalisation of all private land has created a sustainable society?”

                “Have you got an example of where privatisation of the commons has ever actually worked and not destroyed society?”

                Ha!

                Here’s my logical fallacy in reply to yours.

          • Ad 2.1.1.3.2

            We had a spectacular nationalisation of land to the state in the 1870s. We’re living with that still as cultural genocide.

        • Antoine 2.1.1.4

          > This government should promise never to sell it to foreigners

          Why?

          A.

          • SpaceMonkey 2.1.1.4.1

            Because they are not of this land. If they want to purchase land, invest themselves physically in NZ as one of us – become a NZ citizen.

          • Draco T Bastard 2.1.1.4.2

            Because it’s detrimental to the people who actually live here and turning them into serfs.

          • tracey 2.1.1.4.3

            Can you explain the benefits to NZ of being one of the only nations allowing such sales?

            • Antoine 2.1.1.4.3.1

              Why do we think about the benefits to NZers only?

              • Because they’re the only ones we’re responsible to.

              • tracey

                Who are you thinking of that isnt a nzer and why?

                • Antoine

                  Well, like a foreigner who wants to buy some land here. Do we ignore all benefits to them, and think only of benefits to New Zealanders? Are foreigners not people, do we not care about them?

                  Would you judge our refugee policy only on the benefits to (current) NZers? Our climate change policy? Our aid programme?

                  A.

                  • weka

                    Lolz, you’re arguing that we should sell land to people who live overseas because we care about them? Why not just open our borders then? Or give away all our assets? I’m just taking this line to the extreme quickly so we can establish that nationality means something. If you want to argue that there should be no nation states, go ahead, but otherwise sovereignty has meaning.

                    • Antoine

                      I’m (now, mostly) arguing that “benefits to NZ” is not always the best yardstick for evaluating policy decisions. I don’t think you’d disagree with that, in the general case?

                      A.

                  • Stuart Munro

                    Most countries do not allow foreigners to purchase land. Why should NZ allow these rogues to do so here?

                    If they are interested enough to become citizens, fine. But if not they lack a commitment to the place which is likely to make them less responsible.

                  • weka

                    tbh I have no idea what you are arguing. You’ve just said that NZ shouldn’t restrict land sales out of fairness to people that aren’t NZers. Or something. I don’t know why you think that because you haven’t said.

                    • Antoine

                      > You’ve just said that NZ shouldn’t restrict land sales out of fairness to people that aren’t NZers.

                      Sure. Two people want to buy a piece of land. As it happens, both will take equally good care of it. One is a New Zealand citizen, the other isn’t. Why would you only want to sell to the first person? Is it fair to discriminate against the second? Are they a worse or less deserving individual?

                      A.

                    • weka

                      I’ve already addressed this. Unless you are arguing for open borders and no states, nations have the right to make rules for their own citizens not for everyone else in the world.

                      If you are asking what sovereignty is in relationship to land, then I suggest you read up about colonisation.

                      One easy example of why NZ should be protecting land for NZers is that land prices here have skyrocketed in part because of overseas money (cash availability, beneficial exchange rates). So we now have many NZers who cannot afford to buy land because it is so expensive.

                      “As it happens, both will take equally good care of it.”

                      I wrote a post about it, if you still don’t know what I think, try reading it again.

    • weka 2.2

      I’m guessing your question is based in an ideological divide around state ‘assets’. Personally I believe that the govt should own things crucial to the country as a whole and in that sense count land the same as something like rail. On the other side of the ideological divide is National who believe that the government shouldn’t do anything that can be done by business. Problem is, with farming we’ve just had a 30 year demonstration of why farming shouldn’t be left to the private sector.

      More specifically around Landcorp, there are all these farmers in NZ that think it’s ok to pollute, and apparently there are also all these farmers in NZ that now don’t know how to run a commercial farm without wrecking things. Landcorp should be the leader on how to do that (and from what I can tell is doing that to an extent and has a good potential to do that in significantly meaningful ways beyond the neoliberal imperative to make money).

      • Ad 2.2.1

        You could break Landcorp up into a thousand smaller farms at reasonable price for local farmers otherwise shut out forever, and have a thousand model farms.

        • weka 2.2.1.1

          How would that make them model farms? Presumably once they’re sold the farmers can do what they like with it, just like every other farmer in NZ.

          I think using Landcorp land to get NZers into serious farming is a great idea. Don’t need to sell the land to do that though.

          • mikesh 2.2.1.1.1

            It has long been my belief that the country´s land belongs ultimately to all of us, and that if we need to countenance private ownership, and I think we do, then that ownership should be conditional. This would be the justification for such things as land taxes, zoning for specific purposes, compulsory purchase for public works, and of course banning overseas sales of land.

        • Molly 2.2.1.2

          Your suggestion for smaller, sustainable farms could work if the land was offered at leasehold rates. The leasehold could then be dependent on particular farming methodologies and practices, outcomes and solutions adding to the knowledge of sustainable farming in NZ.

          Smaller farmers have an opportunity to transition to sustainable farm practices, and the knowledge pool collected by Landcorp to aid those transitions becomes bigger.

          As the farms became more and more sustainable the lease rates are reduced, or a profit share model for leasing comes into play.

          Releasing the land into private hands, and then crossing your fingers that future owners will act responsibly, does not seem to have worked in the past, and is unlikely to work in the future.

          • weka 2.2.1.2.1

            “Releasing the land into private hands, and then crossing your fingers that future owners will act responsibly, does not seem to have worked in the past, and is unlikely to work in the future.”

            That’s a good way of putting it.

          • tracey 2.2.1.2.2

            That was well put. Thanks.

          • Ad 2.2.1.2.3

            The state’s record is worse.
            Cruel, arbitrary, racist, cheap, and otherwise modelled from Aussie low density runs. Landcorp is now an exemplar, but so are many others.

            The Liberals did this country a huge favour from 1890 to 1914 breaking up the massive Canterbury runs by law and redistributing them to hundreds of eager farmer families. That’s over a century before dairy acceleration in the mid 2000s.

            • weka 2.2.1.2.3.1

              Sure, but this isn’t the 1800s. And look how that break up eventually ended up. NZers increasingly can’t afford to buy rural land now. The state selling off its land, a one off sale, then adds that land into the churn of the property market and on and on the price increases go. It might give a few Kiwis an entry into that market at this time, but then that’s over and we’re still in the same situation of people not being able to afford to farm.

              So that’s actually another reason to not sell. Giving Kiwis a pathway to becoming farmers is a different thing and doesn’t require the selling of land.

              I don’t have a particular argument around the parcel portions that state land should be. I would expect that to vary depending on what kind of farm it is and what the govt was trying to do e.g. leading the way on small farming would be great. There’s nothing wrong with large stations either.

            • marty mars 2.2.1.2.3.2

              Yep smaller parcels able to be bought unless you were Māori or mainly unless – they had tribal lands lol – yep the runs cut up and given to their trench buddies were the stolen/taken tribal lands – same basic scenario as after the NZ Wars – and so the circle cycles…

        • tracey 2.2.1.3

          NZ was broken into thousands of affordable farms once and we ended up with stuffed waterways in a lot of NZ.

          • Ad 2.2.1.3.1

            You just skipped 110 years of causality.
            Wonderfully woolly leap though.

            • boggis the cat 2.2.1.3.1.1

              No, the reference is clearly to the severe negative impact from conversion of sheep farms to dairying. The complete lack of consideration of the difference in ‘externalities’ between the two types of activity has led to large swathes of the country suffering extensive environmental damage, with a massive cost to rectify the problems.

              This type of issue isn’t a surprise, either. Plenty of academics and ‘special interests’ knew how this would play out and were warning about it, but they got drowned out by those pushing short-sighted greed.

            • tracey 2.2.1.3.1.2

              Glad Boggis has a depth of thinking that escapes you

        • Draco T Bastard 2.2.1.4

          With all the increased administration and bureaucracy that goes with them and another ten thousand people still wanting farms.

          At what point do you realise that having lots of tiny farms is just wasting resources and skill and still won’t provide for all the people who want their own farm?

        • Keepcalmcarryon 2.2.1.5

          Ad many/most of the farms will be uneconomic if split up. It is ny understanding that this is one reason the government held ownership.

      • Angel FIsh 2.2.2

        Farmers don’t pollute, the animals they raise do.
        And the animals excrete an insane amount of waste products.
        It’s innately unsustainable. Ultimately the customers are to be blamed.
        They are the ones who make a demand for such a nasty product.

        • Macro 2.2.2.1

          Just one immense fault in your logic there…
          The product is mostly exported.
          The customers are overseas dairy companies – like they give a cow pat?

        • Draco T Bastard 2.2.2.2

          Farmers don’t pollute, the animals they raise do.

          Wrong.

          It’s possible to raise animals in such a way as to live within the ecological limits. Also, animals don’t drive the trucks that farmers use nor burn the coal that the farmers use for drying milk nor dig up the petrochemicals to produce the artificial fertilisers that farmers use on the land.

          It’s innately unsustainable.

          Done properly it can be sustainable.

          They are the ones who make a demand for such a nasty product.

          No, it’s our culture and economic system that raises greed as something to admire rather than recognising it it as the destructive force that it is.

          It we only produced enough food in NZ for NZ we’d be able to decrease the amount of land used for farming and go to those sustainable methods.

        • McFlock 2.2.2.3

          lol

          The mere existence of demand for a good or service removes all moral agency from the supplier?

          Contract killers will be gratified to hear that.

        • JC 2.2.2.4

          ” Farmers dont pollute. The animals they raise do ….

          “As with a wonder drug that only later you discover has terrible side effects, the Haber-Bosch process opened up a Pandora’s Box of problems. By exploiting in a single century energy built up over millennia, we have radically altered the ecological balance of agricultural systems.”

          https://www.interest.co.nz/rural-news/88271/mike-joy-says-we-are-collision-course-between-demands-rising-populations-and

    • UncookedSelachimorpha 2.3

      Why not?

      This way the state (if it chooses) can pay people properly and when the farm does well, the entire nation directly benefits.

    • Antoine 2.4

      > Why does the state own and operate a farm?

      Some mix of:
      (a) For purely historical reasons
      (b) Because they do a good job of it, and
      (c) Because some land is particularly sensitive and cannot be sold by the Govt and something needs to be done with it in the meantime?

      A.

  3. Frida 3

    Weka, in this kind of situation, environmental protections would (and do) become crucial to the test the OIO has to apply. Because there is an alternative NZ purchaser, the OIO will focus on what the overseas purchaser can give to NZ that the NZ purchaser can’t. This is likely to be Walking Commission and DOC requirements around walking access, protection of flora and fauna, that the OIO can then enforce via conditions on consent.

    Not saying this to defend overseas purchases, just explaining how the Act works.

    • cleangreen 3.1

      Frida the history speaks for inself does it not?

      When you could look at the history of the OIO acceptance/rejections of the list of foriegn buyers, you may find their record of rejections is shockingly very small compared to the acceptances, as this was reported in the press back during the highly contraversial attempted sale to a ‘reportly’ shoddy chinese company of the Taupo sale of “Lockinvar Station which was another Government holding that recieved massive amounts of taxpayer funding for the establishmant of forestry and agriculture on marginal soils but y Government under John key it was sold off to private interests without
      anything being returned to the taxpayers!!!!!!

      https://www.tvnz.co.nz/one-news/new-zealand/one-of-new-zealands-wealthiest-families-buys-lochinver-station

      With no access to the any agreements made beteen OIO and buyers we are very weak and left to be exploited here in NZ.

      There must be a transperant public madia scrutiny system of opening up of any foriegn buyers establishments made in other countries they operate also, as that we all may reveal bad practices they had made elsewhere.

      This is just common sense policy.

    • weka 3.2

      Thanks Frida, I understand that, I just think it’s a neoliberal add on. An improvement on what’s happening with other rural land for sure, and there is potential for the new govt to improve the existing system further, but it’s still not going to protect the land very well. Is there anything to stop either of the buyers in the Jericho case from converting to dairy?

      This is what I mean about mainstream NZ’s values being around using the land. It’s ok for the land to be misused so long as NZers can still walk there and there’s some tree planting going on. I don’t mean to sound so disparaging, I’m aware of some land in NZ that is owned offshore that has some very good things happening on it because of the values of the owners and I’m sure the OIO process is helping with that. What I’m suggesting is that the government should be leading on transition to sustainable farming as a baseline. I don’t see the OIO as doing that currently.

      • Frida 3.2.1

        Hi weka. Yes I totally agree. I’d rather the whole legislation was repealed!! I was just pointing out how it currently works in terms of SOME environmental protections.

        In answer to your query – if consent was granted on one basis, then it was desired to convert to dairy and that was never part of the original consent, then consent to vary conditions would be needed and the “alternative NZ purchaser/benefit to NZ” test would need to be run again. I think that’s how it works. Definitely wouldn’t be able to just convert to dairy without notifying OIO – that would be in breach and could lead to an order to divest.

        • weka 3.2.1.1

          Thanks, always good to have more details.

          Would there be any requirements on the NZ buyer?

          • Frida 3.2.1.1.1

            @weka – only those that exist in general law. i.e. no specific oversight at present of the sort of things that OIO can condition (walking access, protection of flora and fauna etc)

            • weka 3.2.1.1.1.1

              Odd really. So for an overseas buyer to get permission, they have to do certain things re the environment, but a NZer can buy the same land and wreck it. Pretty much sums up NZ society’s values currently.

              • tracey

                Yes and bear in mind the same is true with investory caregory migrants. They promised to invest a few million. Get PR. some then say they will build, say, a hotel. They move to get citizenship before project underway. Get it. Ten years later still no hotel but a tidy citizenship. Easy way round woukd be we can confiscate the money used to support the appkication and revoke citizenshio. But we havent. Cos it is citizenship and PR for sale… BUT if they dont follow through the investment they really got it for free.

                • Antoine

                  Would be much better if there was resource and will to follow up all commitments made by people investing/migrating

                  A.

                  • tracey

                    It is not about resource it is about political will. Investor category are smallest in number and usually easiest to trace.

                • cleangreen

                  Very true tracey

                  The OIO have no continual checking facility to penalise these errant ghost owners as they have just been found in cases to cheat the system that is so slack now.

                  • Frida

                    @cleangreen, they do. They monitor conditions yearly. It is probably a resourcing thing I suspect.

                    • tracey

                      We are talking at cross purposes. I am not referring to OIO deals but high value Investor Category Migrants who buy PR

                    • cleangreen

                      yes tracey is correct,

                      We have seen already where the deep dark institutional investors such as some foriegn pension funds are buying large holdings where the OIO cannot get any information out of these large investment organisations now .

                      Due to their rules of ‘investor secrecy clause agreements’ with the investors.

                      So it an indemic isue that the former National Government should have gotten sorted before allowing these large foriegn offshore investments we invited in here, in the first place.

                • Craig H

                  Why bother with a bogus commercial hotel investment when applying under the investor category – much easier just to stick the money in government bonds or a managed fund for the required time frame, both of which are acceptable investments.

                  Entrepreneur category seems a more likely fit for the hotel scenario, but the plan would only get a temporary visa first. To get the resident visa, the entrepreneur has to prove they actually did what their business plan said they would, so they would struggle to meet the requirements.

              • Frida

                @weka. Yep, pretty much

  4. Well written, weka. Here’s a spanner for the works: what if the Jericho Station was inside of one of the oil and gas blocks recently offered (it is) and China had designs on that resource but needed a site to build a refinery on? 🙂
    Or, what if a fresh, clean river flowed through the farm (it does) and there was a desire “elsewhere” for such a source of safe drinking water?
    Just ruminating.

    • weka 4.1

      I was wondering about that for the oil block too. Not sure if that risk applies to NZ owners too though. The water one certainly does.

  5. DH 5

    IMO there’s a need to cut all the bullshit and admit that foreign ownership was always about increasing the price of land and enriching land owners. There is no commercial benefit in higher land prices, that pushes up rents which seriously impacts on productivity and competitiveness in local & international markets.

    Every economist knew that more buyers would equal higher prices. Land is a finite resource, the only possible outcome from inviting more people to buy land here is higher prices for it.

    I used to attend a lot of auctions and what’s unfolded in NZ was entirely predictable. The worst scenario is when you get two deep pocket foreign buyers chasing the same property. A single foreign buyer only needs to pay $1 more than the highest local bidder but when you get two (or more) foreign bidders they can drive the price up to astronomical heights. The seller pockets a tidy sum and often proceeds to bid up the price of their dream purchase.

    I’m doubtful it will be possible to ban foreign buyers, they’ll just go through local proxies, but it’s still worth a try.

    • cleangreen 5.1

      1000% DH. You nailed it there.

      It is human greed that we saw in the last nine years that we now face.

      The new government must change this weakness the OIO showed us, and move strongly to protect our future generations for their chance to feel/realise to be part of their/our country.

      That is our legacy as it is Winston’s, as we all need to be good custodians for our future generations health and well being.

      “Pay it forward”.

    • I’m doubtful it will be possible to ban foreign buyers, they’ll just go through local proxies, but it’s still worth a try.

      The government should ban it and if any local proxies get used to try to hide foreign ownership we renationalise the land, jail the proxies and give no compensation.

    • Skyler 5.3

      Well said.

  6. Stuart Munro 6

    I’d like to see a foreign divestment program for land. Non-resident foreigners should not own property here, and a mechanism to sell or the government will compulsorily purchase after a reasonable period seems a good way to proceed. The OIO must be sacked, they’re such a joke they allowed a New Zealand farm to be sold and owned by bearer bonds – there’s no way of evaluating purchasers of that kind. Reversing the offshore land sales of the last decade would be a good place to begin.

    • Non-resident foreigners should not own property here, and a mechanism to sell or the government will compulsorily purchase after a reasonable period seems a good way to proceed.

      QFT

      The OIO must be sacked, they’re such a joke they allowed a New Zealand farm to be sold and owned by bearer bonds – there’s no way of evaluating purchasers of that kind.

      If they did that (link?) then they do need to be sacked for incompetence. Actually, considering the many stories of incompetence over the last few years just simply sack them.

    • weka 6.2

      What would you do about the offshore owned land that is being better managed environmentally than similar land by NZers?

      • Put in place laws that would ensure that all the land is better managed.

        Just because it’s being better managed by offshore owners doesn’t make foreign ownership viable.

        • weka 6.2.1.1

          Yes, I’m just noticing the people arguing against overseas ownership and ignoring the environmental issues. Stuart just argued for NZ buying land back from overseas owners. There are farms in NZ now that I think would be run worse if bought back (depending on who bought them). The point of the post was to say that it’s not enough to look at the overseas land ownership issue in isolation.

          • Frida 6.2.1.1.1

            Weka +100. Crafar Farms being a case in point!

          • Draco T Bastard 6.2.1.1.2

            That’s why we have laws – to ensure that standards are maintained. If the laws are good then it wouldn’t make any difference who farmed the land which just leaves the fact that foreign ownership is bad.

            • weka 6.2.1.1.2.1

              Yes, and the reasons we don’t have adequate laws are the same reasons that we allow overseas ownership and the govt wants to sell of state farms. I’m making deeper connections here.

      • Stuart Munro 6.2.2

        First I’d like to see some proof – but I wouldn’t distinguish. These are different wrongs, and environmental responsibility doesn’t earn a free pass on local ownership. Environmentally responsible land management is another and very substantial issue that I would not want to allow to become a loophole.

        • UncookedSelachimorpha 6.2.2.1

          Managing land in an environmentally responsible manner shouldn’t be left to random chance of ownership. It should simply be a regulated requirement.

        • weka 6.2.2.2

          Do you mean you want examples of farms owned offshore where the owners have improved the land environmentally compared to the previous owners?

          Try this – Motatapu Station as part of a wider group of adjacent land,

          http://www.stuff.co.nz/business/farming/10350045/South-Island-land-gets-lifelong-protection

          http://www.stuff.co.nz/southland-times/news/76670100/weka-breeding-programme-at-picturesque-motatapu-station-is-backdrop-to-annual-race

          http://mahuwhenua.co.nz/eco-sanctuary.html

          • Stuart Munro 6.2.2.2.1

            The idea that ownership of land comes with a responsibility to sustain and improve it is not really remarkable, but doesn’t presently have much recognition in the likes of commercial law.

            It is less an iron-handed than a partnership approach that the state or community should take here – whereby sustainable improvement options are suggested and in some instances funded or partially funded. Had MAF had such an approach back in the day we might’ve saved a few fisheries – and the local jobs that went with them. Tasman scallops seem to need to be revived for example, and moving away from trawling (except for inshore flatfish) in favour of lower impact or live capture would’ve been responsible. Of course such a sophisticated long term approach cannot survive neo-liberal cheese paring or subversion of kind practiced by corrupt persons such as Tony Ryall or Gerry Brownlee.

            But reversing foreign ownership remains a necessary step.

            • weka 6.2.2.2.1.1

              I agree about the approach. I think of it in terms of regulation and cultural change via education, advisors, R and D etc. But I also think it’s about the values of NZ, and I suspect the only way to Tory-proof it is if NZ shifts its values to give land nature rights.

              Reversing land ownership is a good idea.

              • Antoine

                > Reversing land ownership is a good idea.

                We ain’t going to reverse foreign land ownership any time soon. A Labour government won’t do it. Too bad for business confidence and foreign relations. Probably inconsistent with our international agreements.

                A.

                • weka

                  There’s no reason the Crown can’t have first crack at buying if a property comes on the market (and allowing for Treaty process).

                  • Antoine

                    For sure. I bet that’s not what Stuart had in mind, though.

                    (Edit: also it sounds expensive)

                    A.

                    • weka

                      Sure, but then you sounded like you were agin the idea entirely irrespective of the processes Stuart had in mind.

                    • Antoine

                      I presumed Stuart meant “reversing ALL foreign land ownership by fiat”, possibly with a side order of “putting the owner in the stocks”. I’m agin that. I’m not necessarily against the Govt purchasing specific pieces of land when they come up for sale. Depending on the land, the price, etc etc.

                      A.

                    • weka

                      I took him to mean that the government required the land to be sold back to them, allowing a reasonable length of time for owners to adjust their investment plans. Nothing about putting overseas owners in stocks, I think that’s your reaction against nationalisation getting a bit carried away.

                    • Antoine

                      Just based on past experience of Stuart’s views

                    • Stuart Munro

                      Perhaps you should confine your reckons to things I have actually stated – you really have no idea what I think, and your surmises are among the most worthless I have ever seen – your inanity with respect to the Christchurch rebuild was frankly breathtaking.

                      Stocks are neither here nor there, and insofar as anyone deserves them it is not foreign buyers but the treacherous weasels of NZ politicians who have promoted and encouraged sale of land, forests, and fisheries offshore. An act manifestly inconsistent with their duties to protect and forward NZ interests.

                      The capital sums involved would be appreciable, so reverting would need to be relatively gradual. This would give these unwelcome investors an opportunity to divest spontaneously without the losses associated with a forced sale.

                      My views of you, “Antoine” is that you a just another troll, with never a link to validate your fatuous opinions, pouring scorn on a forum that is concerned to air possible ways to reduce the impact on NZers of thirty years of neo-liberal inspired misgovernance. Your contribution lacks weight.

                • Stuart Munro

                  What we will or will not do is less of interest in a policy discussion than what we might or should do.

                  As for business confidence, that’s a shibboleth that should not be given excessive consideration: http://www.nytimes.com/2012/04/27/opinion/krugman-death-of-a-fairy-tale.html?_r=0

                  • weka

                    “What we will or will not do is less of interest in a policy discussion than what we might or should do.”

                    This.

                  • Antoine

                    Sorry for trying to introduce some reality to the discussion!

                    • Stuart Munro

                      Your contact with reality is like ships passing in the night.

                    • tracey

                      By reality you mean the version of it you think is right…

                    • Antoine

                      > By reality you mean the version of it you think is right…

                      Well obviously.

                      My original point was that “We ain’t going to reverse foreign land ownership any time soon. A Labour government won’t do it. Too bad for business confidence and foreign relations. Probably inconsistent with our international agreements.”

                      Therefore, I don’t think there’s much value in talking about nationalisation of all foreign owned land, because it isn’t going to happen. I could, as always, be wrong, but I ain’t seen a convincing refutation.

                      Of course there’s nothing to stop people from yakking about implausible scenarios.

                      A.

                    • Stuart Munro

                      It’s a small step from ending foreign land sales to reverting them – part of the same logical trend. You think it’s implausible but then, you’re the kind of credulous idiot who thinks Gerry Brownlee was generous to the red zoners.

                      Your opinion is less than worthless.

                    • Antoine

                      > It’s a small step from ending foreign land sales to reverting them

                      On the contrary, a very large step. For one thing, it means either confiscation of private property, or spending lots of $$$.

                      A.

                    • weka

                      “I don’t think there’s much value in talking about nationalisation of all foreign owned land, because it isn’t going to happen”

                      One of the main reasons I write at TS is to provide space and opportunity for people to talk about issues beyond what the mainstream is currently thinking or doing. Change of the kind being talked about here happens from the edge. Centrists are by definition people value the status quo.

                      I’d be happy to explain how radicals affect the dominant position held by centrists and shift culture/society over time, but only if I see a genuine interest. If you are uncomfortable with people talking about things that you can’t see as possible, you are welcome to step out of the conversation. Arguing against people discussing things that you can’t see as possible is likely to piss people off and then that will get moderator attention.

                      Stuart made a very pertinent point,

                      “What we will or will not do is less of interest in a policy discussion than what we might or should do.”

                      This is one of the ways that change happens. People who care get together and talk through what needs to be different, and why, and how that can be achieved. Critique in those conversations is useful, naysaying is likely to be scorned (which I think is what you are getting here).

                    • weka

                      “On the contrary, a very large step. For one thing, it means either confiscation of private property, or spending lots of $$$.”

                      How has the Crown facilitated Māori regaining land from private owners? Please cite the property confiscations and large amounts of money spent.

                    • Stuart Munro

                      A large step for you because it strains your frankly negligible intellectual capabilities.

                      Foreign investment in NZ was an ideological imposition predicated on providential technology or capital transfers. For investments in farming however there was no higher technology coming in, and investors have proven to be extractive rather than generous. De facto much of the support for foreign buyers has been from farmers wishing to realize a capital profit well in excess of the local value and essentially beyond the means of chronically underpaid local workers.

                      Since it is now recognized that the old pre-neoliberal position was correct in deterring foreign ownership, it is perfectly sensible to reverse especially the recent poor value sales decisions made by the corrupt and ineffectual Key/English government.

                      The money simply isn’t an issue for government – these are real assets, the government can print to recover them as it did for SCF or Savage’s housing. The saving is the profit which no longer directly leaves the country worsening our already negative balance of payments.

                    • Antoine

                      > How has the Crown facilitated Māori regaining land from private owners? Please cite the property confiscations and large amounts of money spent.

                      I’m not about to come around here and argue about Treaty settlements, I do have some sense of decorum (not to mention self preservation).

                      A.

                    • weka

                      And yet you just argued that we can’t restore land ownership in NZ without doing x, y, z despite us already having been through this process before with the Treaty by doing a, b, c.

                      Sidestep all you like. What I see is a centrist who doesn’t like ideas of nationalisation making arguments that don’t work to push back against their discomfit.

                    • Antoine

                      Sidestep I certainly will, I’m not talking smack about the Treaty on here.

                    • weka

                      I’m not actually asking you to talk about the Treaty, and the sidestepping isn’t around the Treaty it’s around you being challenged on your idea that shifting NZ land back into NZ ownership could only happen in specific way. It was a false argument, and you won’t address that.

                    • Antoine

                      > you being challenged on your idea that shifting NZ land back into NZ ownership could only happen in specific way

                      That wasn’t my idea. I appreciate that there are multiple ways to skin a cat. What I said is that all of them “mean either confiscation of private property, or spending lots of $$$”. I am still of that view. If you can show me a case where “the Crown [has] facilitated Māori regaining [large amounts of] land from private owners”, without lots of $$$ being spent, I might change my opinion.

                      A.

                    • weka

                      Not sure what you mean by large amounts of money. Where previous governments have sold assets, it’s normal for the govt to later re purchase them at market rates e.g. Air NZ.

                      Here’s the Treaty first right of refusal process,

                      https://www.linz.govt.nz/crown-property/acquisition-and-disposal-land/crown-property-disposal-process/right-first-refusal-rfr

                      I don’t see why laws can’t be passed that when land owned by overseas people is up for sale, it has to be sold to NZers*. Where the land is considered critical for the commons or other good of the Crown, the Crown can have first right of refusal.

                      *presumably this is what would happen if Labour’s foreign ownership law is applies to rural land.

                    • Sam aka clump

                      It was inevitable that the English language would become New Zealand’s working language. But we must not except a foreign language as New Zealand’s primary language. Because if we do that then there is nothing special about New Zealand. Then any one can show up and claim to be a resident with out consideration of the resources involved, the price distortions on students exiting the education system only to find a foreigner just happened to show up to work one day. And the policies around New Zealand’s open door economy.

                      So if we except that the English Language is the working Language. And that Māori is the native tongue. And teach English in schools as the working language. And teach Te Reo in school as a special achievement. Those students will be better equipped to go out and learn other languages, and they can continue to learn other languages as a special achievement. So when they communicate with there friends over what’s going on in the Tele or talk to each other about a magazine in another language. They will know what we mean we we say to them in English. ‘Be kind to one and other, don’t get mad at them, try and understand them.’ Then we will be able to accept the children of immigrants into culturally appropriate education. And it wouldn’t matter who came through Auckland Airport.

                      And as for trade. Well trade will have been enabled and maybe we just might cure the melting pot in one generation.

                    • Antoine

                      > Not sure what you mean by large amounts of money. Where previous governments have sold assets, it’s normal for the govt to later re purchase them at market rates e.g. Air NZ.

                      That’s right, so if you want to purchase a great deal of land at the market rate, you will have to spend a great deal of money. Is my point.

                      (And it may not be possible to recoup the money through the income produced off the land, as the market rate may substantially exceed the value of the income stream. I suspect much NZ farmland falls into this category.)

                      A.

                    • Sam aka clump

                      Or you could wait for farms to go bust and buy em for pennies on the dollar 😁

                      Plenty of for closures around.

          • Antoine 6.2.2.2.2

            > examples of farms owned offshore where the owners have improved the land environmentally compared to the previous owners

            I see these examples and wonder “then why shouldn’t more farms be owned offshore?”

            A.

            • weka 6.2.2.2.2.1

              The point of the post was to suggest that the environmental, sovereignty, and commons issues intertwine. I think the sovereignty issues are pretty well understood (and assume you know what they are).

    • Skyler 6.3

      Great idea.

  7. As it is, NZ’s policy has been to favour economics.

    No it hasn’t. It’s been to favour money and profits.

    There is some attention paid to environmental issues, but they’re tagged on rather than being intrinsic.

    Which is all the proof needed to show that profits have been favoured over economics.

    Failing to consider the ecology and the services that it does for us, as we’ve been doing, is uneconomic. So much so that it will result in death.

  8. JustMe 8

    It’s kind of weird but we NZers cannot buy land in China because of the laws over there.
    Equally perhaps we cannot buy land in say Saudi Arabia even though many millions of NZ taxpayers money went to a Saudi businessman as a bribe in a shonKey sheep deal.
    An American with links to Donald Trump obtained ‘instant Kiwi citizenship’ having been in the country a mere(I think)12 days. We(our family)have lived in NZ since December 1962. We were not accepted for NZ citizenship until the mid 70s.
    But in todays’ day and age all one needs to do especially if that ‘one’ has plenty of money is donate to the National Party when it was in government and in return they get citizenship.
    I now get the impression the previous National government coveted money especially for themselves personally than NZers. Especially taking into consideration that John Key, Bill English and Paula Bennett disparaged and demeaned NZers at every opportunity when it suited them.
    Whenever NZers demonstrated against a ‘deal’ John Key would disparage them(the protestors)and call them ‘rent a protestor’. Bill English has called NZers as being ‘pretty damned useless’. And Paula Bennett breached beneficiaries right to privacy by providing their names to the NZ media. But to add insult to further injury she boasted she would do it again. And she probably did when it came to Winston’s pension matter being made public.

    • UncookedSelachimorpha 8.1

      It’s what happens when you allow private power and wealth to override all else, including public good and sovereignty.

    • Antoine 8.2

      > But in todays’ day and age all one needs to do especially if that ‘one’ has plenty of money is donate to the National Party when it was in government and in return they get citizenship.

      You mean Labour, right? We are talking about Bill Liu here??

      > now get the impression the previous National government coveted money especially for themselves personally than NZers

      Where is your evidence that any National MP took money for themselves personally in exchange for residency, citizenship or any other immigration matter?

      The only example I can think of is Taito Phillip Field (also Labour).

      A.

      • Stuart Munro 8.2.1

        Bill Liu is a scoundrel and a Gnat donor and agitator – but Peter Thiel is the most egregious wrong – doesn’t and never will live here, only here to rip us all off. Courtesy of the rip-off artist in chief, the utterly execrable John Key.

        • Antoine 8.2.1.1

          > Bill Liu is a scoundrel and a Gnat donor and agitator

          Gnat AND LABOUR donor thanks Stuart

          A.

          • Stuart Munro 8.2.1.1.1

            I notice you’ve no defense of Thiel though:

            We yield our town and lives to thy soft mercy.
            Enter our gates; dispose of us and ours;
            For we no longer are defensible.

            • Antoine 8.2.1.1.1.1

              Why would i defend Thiel?

              • Stuart Munro

                Why not – it’s your m.o. – contradict everyone, treat your unsupported reckons (which are consistently off planet Key) as on a par or rather above any evidence, and expect us to be grateful for your trolling. We’ve seen better come and go.

          • tracey 8.2.1.1.2

            National didnt move to change anythi g to ensure Investor Migrants actually invested as promised. This is not a Nat or Lab issue. It is both Nat and Lab govts took money in this category with almost mo accountability. Other than dotcom but you know how those Nats hate copyright infringements so they had to act hard on that one.

            • Antoine 8.2.1.1.2.1

              The best solution would be to depoliticise it – Remove the involvement of Ministers in individual immigration cases.

              A.

              • Stuart Munro

                Or you could simply appoint ministers not disposed to make corrupt use of a discretion that should be restricted to public interest and compassionate use. Honest people.

                • Antoine

                  That’s great until you lose the election and the other side gets in.

                  Better to depoliticise and get Ministers of both sides out of it.

                  A.

                  • tracey

                    Again, how? Who appoints your CEO of Immigration? Who removes politics from the minds of those appointed? Who ensures no biases in Immigration employees? Who takes away the cowardice of most employees to not rock the boat when someone is not following the rules. Next you will say there should be no politics in sport.

                    2 people in a room = politics.

                    • Antoine

                      You are using the word ‘politics’ in the general sense, me in the specific sense of MPs in the NZ Govt.

                      My contention is that MPs should not be involved in resolving specific immigration cases. Only Ministry employees should do this. I don’t see any of your objections above as refuting this proposal.

                      A.

                    • Stuart Munro

                      @ Antoine

                      That presumes that bureaucracies always get things right.

                      Certainly they do better than the corrupt trash we’ve had for the last nine years – and indeed Labour ministers made numerous errors in respect of well-heeled foreigners too. But minister is a serious job and the discretion, exercised correctly, is a critical part of good governance – a phenomenon largely absent from NZ for the last thirty years.

  9. I’d like landcorp to be a training ground for farmers to learn sustainability and more effective natural ways of farming. For too long the farming model imo has been too mono in systems, in product and in the way farmers interact with the land, animals, environment and their communities. If we want practices to improve we must help farmers existing and new to see a tranisition forward which ensures their survival and sustainability.

    As an aside I hope they rejig invermay – we need more research not less, just directed towards the reality of our climate changing world.

  10. Antoine 10

    @Weka

    You asked: “Why is Landcorp selling the farm at all?”

    A quick Google would have found out the reasons for Landcorp’s sales programme.

    Landcorp sells farms (a) to reduce debt, (b) to get capital to develop other properties, and (c) as part of shutting down operations that are not working out.

    National had also recently announced a plan for Landcorp to hive off farms for young farmers to get started.

    A.

    • weka 10.1

      And which of those does Jericho fall into?

      • Antoine 10.1.1

        All of the above (really (a) and (b) are the same thing looked at from different angles).

        A.

        • weka 10.1.1.1

          Do you have a link for that?

          • Antoine 10.1.1.1.1

            There are quite a few relevant articles on the web, both about the Jericho sale in particular and the wider sales programme.

            A.

            • weka 10.1.1.1.1.1

              I did a google search about Jericho when I was writing the post, I didn’t see much in the way of explanation of why Landcorp is selling that property.

              • Antoine

                Well, we’ve had some discussion about why they shouldn’t or shouldn’t, and how they should if they did, so it worked out well 🙂

                A.

                • Stuart Munro

                  Informed as ever by your vacuous opinion and want of judgment.

                  • Antoine

                    Mwah

                    • tracey

                      So no link to the several articles that escaped weka’s search?

                    • Antoine

                      Fergawdssake Tracey

                      You guys seem to want to hassle me more than you want to know the actual answers to the questions!

                      Just one example is https://farmersweekly.co.nz/section/sheep-2/view/landcorp-puts-nine-farms-up-for-sale

                      A.

                      PS It’s not much fun arguing with people who will persistently demand information with the risk that I get banned from the site if I don’t pony up

                    • weka

                      Why would you be a risk of a ban? Genuinely curious where you got that from.

                      If you have already looked something up, then why not link to it to support your argument? You made a claim up thread, I had no idea what it was based on. It’s reasonable on a political debate site to ask for references.

                    • tracey

                      Because Antoine you seem to constantly demand why of others and counter others with statements that you could, seemingly easily verify, but do not. That leads to people doubting the veracity of your statement.

                      Forgawdssake

                • weka

                  I think the question is relevant in that I don’t know much about the culture of Landcorp. Maybe the people running it think selling off the land is good? Or not. Likewise, apart from National’s policy release earlier in the year, I don’t know how much direction the SOE gets from the Minister on this.

                  • Antoine

                    > Maybe the people running it think selling off the land is good?

                    I think they’re happy to modify their portfolio a bit from time to time, with caution as it tends to be controversial. However there are some bits that they can’t sell.

                    > apart from National’s policy release earlier in the year, I don’t know how much direction the SOE gets from the Minister on this.

                    You can see the Letters of Expectation from the Shareholding Minister here: http://www.treasury.govt.nz/statesector/commercial/portfolio/bytype/soes/landcorp-farming

                    A.

    • McFlock 10.2

      A and B are directly down to government funding decisions, and there’s no evidence for C.

      So the question “why” remains.

  11. David C 11

    Well the government needs 1,000,000 Ha of land to plant all these new trees on…so all the Landcorp land would be a start I suppose.
    Chop off the best bits of the farms , do a few rezoning applications and you will have 10,000 Ha of residential land to build the 100,000 houses on too. Easy really.

    • Macro 11.1

      At least 30 000 hectares of land has been converted from plantation forest to pasture in the central North Island of New Zealand between 2000 and 2010.
      The conversion on pumice soils was economically as well as environmentally stupid – so yeah there is a third of the 100,000 hectares right there.

      • David C 11.1.1

        Macro.
        IIRC far more than 30,000 Ha was sold off to the USA under Helens rule back when that huge forestry deal was done.

        I wont comment on the environmental impacts but as a land developer I was jealous of the 10’s of KMs of riparian rights that was sold for peanuts.

  12. Bill 12

    Neither the state nor a private individual or company should own any land.

    All land ought to be controlled by local populations/communities and all people potentially impacted by any proposal to do with the land, afforded appropriate levels of input to any discussions/decisions around the proposal.

    I know, I know. Democracy. A step too far.

    • David C 12.1

      Wow Bill.
      You dont yearn to own your own potato patch?

    • Incognito 12.2

      I know, I know. Democracy. A step too far.

      Participatory democracy; one small step too far for man or a giant leap for mankind? [rhetorical]

      You’ve got my vote!

  13. KJT 13

    Then there is the whole “tenure review” process.
    Wealthy station owners were allowed to buy the public land they were leasing.
    Which they are now on-selling to private offshore buyers, usually for many times more than they paid.

    The whole thing was a disgustingt example of National Government cronyism/Theft.

    The Government should have first refusal at the original price, plus inflation and any improvements.

    • weka 13.1

      +1.

      I’m pretty sure that Jericho Station went through tenure review but I couldn’t find the details on it online.

      • tracey 13.1.1

        Antoine might know 😉

        • weka 13.1.1.1

          lol.

          • Antoine 13.1.1.1.1

            You guys are just being snarky now

            • weka 13.1.1.1.1.1

              Sorry. I thought tracey’s comment was funny given you’d been trying to tell me to use google with the implication that the information was there if I just looked for it. I write posts with references, I know how to use google. But there is also a limit to how much time I can spend on things. I rely on commenters for information too, and if someone has links I think it’s useful for the debate to put them up.

              • weka

                And just to put that in perspective, if someone commented that they couldn’t find the tenure review information for a farm and I knew where it was, it’s likely I would go find a link and post it. That’s how we learn 🙂

    • The whole thing was a disgustingt example of National Government cronyism/Theft.

      That was started by the 5th Labour government.

      The Government should have first refusal at the original price, plus inflation and any improvements.

      the government should simply have cancelled the leases.

  14. Incognito 14

    Very good post! I can see a few important themes emerging and I hope the new Government is also sensing the change in the air, not just in NZ …

  15. timeforacupoftea 15

    Landcorp has been a pretty sick puppy for a few years paying the govt no divi – no tax.
    Landcorp carries forward a tax loss of $46.3 million.

    TOTAL SHAREHOLDER RETURN
    Landcorp recorded a negative total shareholder return for 2015/16 (also referred to as Total Comprehensive Income) of $2.9 million, including the net operating loss ($9.4 million). The total return was an improvement from the previous year’s negative return of $8.4 million.
    The 2015/16 return included a $7.4 million profit on land sales due to the sale of farm properties. The latest year also included a $23.4 million gain on revaluation of livestock, along with other unrealised gains on revaluation of intangible assets ($5.3 million) and of available-for-sale nancial assets ($3.7 million). These were more than off set by other (unrealised) revaluation losses including a $24.8 million write-down in the value of land and improvements at 30 June 2016.

    http://www.landcorp.co.nz/sites/default/files/pdfs/Landcorp%20Annual%20Report%202016.pdf

    Page 10 ANNUAL REPORT 2016 | LANDCORP FARMING LIMITED AND SUBSIDIARIES

    This focus extends to a fourth priority – ensuring the best use of the company’s large asset base and its capital resources. Throughout Landcorp’s history we have bought or sold around 140 farms to support strategic goals and to re-deploy capital. We have identified nine farms where Landcorp ownership is inconsistent with company-wide strategies and initiatives. We expect to sell these individual properties in the months ahead.
    Page 14
    Scale back plans for Wairakei Estate land conversion to bovine dairy farming in order to signi cantly reduce environmental impact over time. Other land uses will be explored on the estate including increased dairy support grazing and sheep milk production.
    Operate all farms in line with their Land and Environment Plans which guide decisions on land use, stocking rates, nutrient application and response to measured environmental impacts.
    Phase out palm kernel expeller (PKE) as a feed supplement on all Landcorp dairy farms by 30 June 2017. Use of this feed was down to less than 4% of average total cow diet during 2015/16.
    Continue to take advice from the Environmental Reference Group (ERG) on issues critical to farming and the environment.
    Retire from farming and protect more land of particular sensitivity and/or natural and biodiversity value.
    During 2015/16, a further 250 hectares were retired under covenant (Landcorp now has 6,141 hectares protected by covenants).
    Continue tree planting and improving the e ciency of livestock production towards Landcorp’s goal of carbon neutrality by 2025 (on farms we own). During 2014/15, a further 314 hectares was planted in pinus radiata.
    Develop a sustainability reporting framework for future use in communicating with stakeholders on Landcorp’s environmental and social goals, strategies and outcomes.

Recent Comments

Recent Posts

  • Universal income – a challenge to capitalism or a crutch?
    As the world economy slides rapidly towards deep recession there are growing calls for a Universal Benefit coming from some leftists and rightists. Now Finance Minister Grant Robertson is saying it is on the table.  This article by a French party Workers Struggle provides analysis of various forms of universal ...
    RedlineBy Daphna
    12 hours ago
  • Anti-fluoridation propaganda now relies on only four studies. 1: Bashash et al (2018)
    This is the advice from the very top of the anti-fluoride movement – Paul Connett, director of the Fluoride Action Network (FAN). Don’t worry about reading  up on all the scientific information “You only have ...
    14 hours ago
  • Life in Lock Down: Day 10
    . . April 4: Day 10 of living in lock-down… I wake up to a fine Saturday morning which normally would be like an early Christmas. But it’s Day 10 of Level 4 Lock Down. What  will my fellow New Zealanders be doing on a day like this – staying ...
    Frankly SpeakingBy Frank Macskasy
    18 hours ago
  • Redline reaching out to more writers & readers
    Some time during the night we went over the 850,000 views mark. We might have had our millionth view by the end of this year – certainly by early next year. Most of the people involved in Redline spent years and years producing various small left-wing papers and selling them ...
    RedlineBy Daphna
    18 hours ago
  • Keir Starmer elected
    Comfortably, in the very first round, with an impressive 56% of the votes.I wonder, did members of the Shadow Cabinet start tweeting their resignations during Starmer's victory speech, or is that only a trick the right pull?It is odd how all the talk of how the next leader "needs to ...
    20 hours ago
  • Hard News: Michael Baker and the Big House
    One of the key voices in this extraordinary time in which we live is that of University of Otago epidemiologist Professor Michael Baker. Philip Matthews did an an excellent job this weekend of capturing the way he became the man for this moment in a profile for The Press.But one ...
    20 hours ago
  • New Zealand Gives up on Trying to Save Daylight
    New Zealand Prime Minister Jacinda Ardern addressed the nation today about the decline in daylight New Zealand has been experiencing over the previous few months. She said “As many of you will notice, our attempts to stem the dwindling of the daylight over the last few months have been completely ...
    Can of wormsBy Can of Worms, Opened
    1 day ago
  • A bulletin from Greece
    Redline received this article from the KOE a Marxist party in Greece Our friends in the KOE describe here the mounting crisis in Greece and tensions on the Turkish border. As desperate people flee from their homelands which have been ruined after decades of imperialist wars and interventions the people ...
    RedlineBy Daphna
    2 days ago
  • And God spake all these words, saying
    As the first week of Level Four lockdown unfolded, mounting questions grew as to just what was (and was not) allowed under its “rules”. Partly these were driven by some apparently contradictory messages from different authority figures and explanations carried in the media. Partly they reflected a somewhat sketchy legal basis ...
    PunditBy Andrew Geddis
    2 days ago
  • Life in Lock Down: Day 9
    . . April 3: Day 9 of living in lock-down… Another late-start to my work day. Everything is temporarily upended as clients are shuffled around so we can minimise our “bubble” by reducing the number of people we help. One of my colleagues has been removed from his clients; his ...
    Frankly SpeakingBy Frank Macskasy
    2 days ago
  • Death to our lockdown enemies!
    We must root out the traitors among us! ...
    Imperator FishBy Scott Yorke
    2 days ago
  • Climate Change: The benefits of electrification
    In order to meet our 2050 carbon target and do our bit to avoid making the Earth uninhabitable, New Zealand needs to decarbonise our economy, replacing fossil fuels with electricity in the energy, industrial and transport sectors. The good news is that it will mean cheaper power for all of ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Life in Lock Down: Day 8 (sanitised version)
    For those folk who find my other Lock-Down Diary versions too “negative” or otherwise unpalatable… Here’s a photo of a pretty flower, .   . Better? Tomorrow’s Sanitised Version: a cute animal video. . . . =fs= ...
    Frankly SpeakingBy Frank Macskasy
    3 days ago
  • Life in Lock Down: Day 8
    . . April 2: Day eight of living in lock-down… Today, my work day starts late. Our rosters and clients have been dramatically changed, lessening (theoretically) the number of people in our work “bubble”.  If just one of us catches covid19 the impact could be considerable as Grey Base Hospital ...
    Frankly SpeakingBy Frank Macskasy
    3 days ago
  • A note on apartments and bubbles
    As Aotearoa enters week two of lockdown, it’s clear we’re all still working out what our “bubbles” look like and how to stay in them to stop the spread of Covid-19. New to the government’s Covid-19 website is some good guidance for people living in apartment blocks. Recent decades have ...
    SciBlogsBy Siouxsie Wiles
    3 days ago
  • Getting in futures shape 
    “There are decades where nothing happens; and there are weeks where decades happen.” Lenin Don’t we all know that feeling now.

    Prospect Magazine alerted me to this particularly apt quote. It is a much more evocative quote than Hemingway’s “gradually then suddenly” which is also doing ...

    SciBlogsBy Robert Hickson
    3 days ago
  • Maybe axing Clark would be unfair. But what about any of this is fair?
    Yesterday was the day the consequences of the lockdown suddenly got very real for many. Firms have been closing and laying people off since the outset of the quarantine but this has mostly been happening out of the public eye. The mass closure of a number of iconic New Zealand ...
    PunditBy Liam Hehir
    3 days ago
  • Might a ‘Coasean’ social contract mitigate overall societal harm from COVID-19?
    Brian Williamson1, Prof Nick Wilson2 (1Economic consultant, UK; 2University of Otago Wellington) In this blog, we outline how a win-win social contract could be forged to address the major dimensions of response to the COVID-19 pandemic when using a mitigation strategy: the particular need to protect older people from high ...
    SciBlogsBy Public Health Expert
    3 days ago
  • Returning To “Normalcy”.
    Resuming Normal Service: The Republican Party's nominee for in 1920, Warren Harding, promised the American people: “not heroics, but healing; not nostrums, but normalcy; not revolution, but restoration”. If she wishes to remain our prime minister, then Jacinda Ardern will offer New Zealanders the same.HOW EDUCATED AMERICA snickered when the ...
    3 days ago
  • New Zealand’s Government Must Save New Zealand’s Media.
    No Free Society Without A Free And Functioning News Media: If we are to surrender our civil rights to the broader cause of defeating Covid-19, then foreign corporations must, likewise, surrender their right to inflict immense economic and cultural harm on New Zealanders simply because it improves their bottom line.I’M ...
    3 days ago
  • Corona fevers and the madness of models
    by Daphna Whitmore A third of the world is under lockdown and a clear assessment of this measure to curb the spread of COVID-19 is urgently needed.  With any high-stakes decisions it has to be asked what are we dealing with here? Are the measures warranted? Will they achieve their ...
    RedlineBy Daphna
    3 days ago
  • Lockdown day 8
    I haven’t done a huge amount in the last few days. I’m reading The Poppy War and I’ve sort of poked at a couple of games – I started SOMA but I’m a wimp and I quit while in the first room after the brain scan. I might try it ...
    The little pakehaBy chrismiller
    3 days ago
  • Backstage and Theatre
    The swan politicians may be gliding on the water, occasionally snapping at one another. Meanwhile, as the Covid19 crisis illustrates, the officials are desperately paddling below providing the real locomotion. One of the most fatuous recent grandstanding comments (of about a week ago), adding to the public’s anxieties, was ...
    PunditBy Brian Easton
    4 days ago
  • Legal Beagle: Waiver, the singular Crown and the conduct of Crown legal business
    Much has been written about the importance of discretion in an emergency situation, and the concerns raised by the potential for it to be exercised arbitrarily. Given the quality of the discussion, there seemed little point in adding to it at any length. In particular, I point to the evidence ...
    4 days ago
  • Highlights from Bauer Media’s science-related reporting
    Today has felt surreal. I was all set to touch base online with my science communication students when a colleague shared the news that Bauer Media would be shutting down its publications immediately. The first link I saw implied it was Woman’s Weekly affected, and even that shocked me. But ...
    SciBlogsBy Sarah-Jane O'Connor
    4 days ago
  • Outsiders.
    Bogeymen, Real And Imagined: Is the number of psychopathic and sociopathic individuals in any given society truly as vanishingly small as we like to tell ourselves? Isn’t it more likely that the mass-shooters and serial-killers filling the headlines represent only the tip of a much, much larger iceberg of frightfulness? ...
    4 days ago
  • We have a right to know the rules we are expected to obey
    Outgoing Police Commissioner Mike Bush appeared before the Epidemic Response Committee today, who asked him for the rules police are using to enforce the lockdown. He refused:Police Commissioner Mike Bush has admitted the advice given to Kiwis about what they're able to do during the lockdown hasn't been clear enough. ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Life in Lock Down: Day 7 (sanitised version)
    For those folk who find my other Lock-Down Diary versions too “negative” or otherwise unpalatable… Here’s a photo of my cat, . . Better? Tomorrow’s Sanitised Version: a pretty flower. . . . =fs= ...
    Frankly SpeakingBy Frank Macskasy
    4 days ago
  • Life in Lock Down: Day 7
    . . April 1: Day seven of living in lock-down… This morning I had a brief chat with one of my neighbours, “D” (social distance between us, a good three or four metres). I learned he had resigned from his previous job and had been hired by another company – ...
    Frankly SpeakingBy Frank Macskasy
    4 days ago
  • RIP The Listener, New Zealand’s pioneering voice
    Funnily enough, my thought as I start this post is whether it will be well written enough. Or should that be well enough written? Because so much of what I know about good writing came from my two stints at The Listener, which this morning was shut down due to ...
    PunditBy Tim Watkin
    4 days ago
  • OK, Britney: stop sniping at National for doing its job
    With normal democratic procedures in abeyance, there were two ways to go. First, it was open for the government to dissolve itself and invite the National Party to join a ministry of national salvation. That would have lessened the democratic deficit of the times by having a team of rivals without ...
    PunditBy Liam Hehir
    4 days ago
  • Helpful tips for parents during lockdown
    Dr Kirsty Ross Children and young people can respond differently in times of distress. This also varies by age and developmental stage, with younger children having more magical and imaginative thinking, and older children having more awareness and knowledge of the issues our communities are facing (which brings up ...
    SciBlogsBy Guest Author
    4 days ago
  • Skeptical Science New Research for Week #13, 2020
    5 days ago
  • Hungary is now a dictatorship
    Hungary has been a virtual dictatorship for a decade now, as Prime Minister Viktor Orbán has gradually eroded its democracy. But now, its official, with the passage of an indefinite emergency law allowing rule by decree:Hungary’s parliament has passed a new set of coronavirus measures that includes jail terms for ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • A new Ministry of Works
    While the economy is on pause under lockdown, the government is beginning to plan how to cope with the post-lockdown, post-tourism, post-export education world we will eventually find ourselves in. They're planning a lot of infrastructure spending as economic stimulus, and have asked for proposals which can start the moment ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Capture: Well spaced out
    It's my distraction,  setting up tiny scenes to photograph.  I've got stuck on the Babushka dolls for now.  Something about their bubble shape.  Something about their never changing, smiling features, suggesting persistent equanimity.  Can we get through everything that is being thrown at us and keep at least a tiny ...
    5 days ago
  • Life in Lock Down: Day 6
    . . March 31: Day six of living in lock-down… This time I managed to sleep a little longer and the alarm woke me at the pre-set time: 6.55am. Then remembered I was working a later shift and could’ve slept in. Oh well, there are things to do at home. ...
    Frankly SpeakingBy Frank Macskasy
    5 days ago
  • March ’20 – NZ blogs sitemeter ranking
    Image credit: Diamond Harbour School Blogs I notice a few regulars no longer allow public access to the site counters. This may happen accidentally when the blog format is altered. If your blog is unexpectedly missing or ...
    5 days ago
  • Hard News: Poll Pot and the partisans
    Yesterday's Horizon poll showing support for a "Yes" vote in this year's cannabis referendum sliding into the majority for the first time in a year looked like good news for reformers – and it probably is. But the result warrants some scrutiny.The poll is the fifth in a series commissioned ...
    5 days ago
  • Why those bubbles are so important
    For almost a week now, every one of us who isn’t an essential worker has been confined to their bubble. We are allowed to go shopping for groceries, to visit the doctor, and to get a bit of exercise if we stay local. The reason we are doing this is ...
    SciBlogsBy Siouxsie Wiles
    5 days ago
  • A Government System That Works
    The Covid-19 saga will no doubt produce many twists and turns for us before it is finally brought to an end. But one thing it has shown us – and what comfort it should bring us – is that our country’s government is in good hands. I am not thinking ...
    Bryan GouldBy Bryan Gould
    5 days ago
  • Smashing down the barriers: Where are we at with COVID vaccines?
    In the absence of a vaccine or a cure for a deadly disease, staying home in your bubble is what you do, the concept is not new.  To the best of my knowledge last time we did this in NZ was for polio, in the years before a vaccine came ...
    SciBlogsBy Helen Petousis Harris
    5 days ago
  • National Network on Cuba (USA): “Cuban medical solidarity is a pillar of its society and is founde...
    The following statement was released on March 28 by the National Network on Cuba, a coalition of 40 groups, based in the United States. In recent weeks, Cuba has deployed hundreds of medical providers to over a dozen countries in Europe, Asia, as well as to their neighbors in Latin ...
    RedlineBy Admin
    5 days ago
  • Alarming decrease in calves increases fears for endangered Hector’s dolphin
    This has been a terrible summer for Hector’s dolphins. The first indication was very low numbers of dolphin sightings during late spring and early summer. The Otago University Marine Mammal Research Team has carried out routine dolphin surveys at Banks Peninsula for more than 30 years. In all that time, ...
    SciBlogsBy Otago Marine Science
    6 days ago
  • Time for Grant Robertson to reveal package #2?
    On March 17, Finance Minister Grant Robertson was quick out of the blocks with an economic rescue package to help businesses through the inevitable recession resulting from the coronavirus pandemic. Robertson had pulled together a scheme in short order that so far seems to have saved many jobs. In his ...
    PunditBy Tim Watkin
    6 days ago
  • Saving lives
    The purpose of the lockdown is to save lives, by reducing the spread of covid-19. We won't know if its really working for another week, but given the devastation that will result if it doesn't - 14,000 dead is the optimistic scenario - its definitely worth trying. But pausing the ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Life in Lock Down: Day 5
    . . March 30: Day five of living in lock-down… Woke up still in darkness. Alarm hadn’t gone off. Turn to radio clock; it’s a few minutes after 6am… I lie there in the dark, waiting to drift off to sleep… but it ain’t happening. Clock ticks over to 6.55 ...
    Frankly SpeakingBy Frank Macskasy
    6 days ago
  • Speaker: Les Gray: the man who told the truth
    The story of Les Gray, the public sector psychologist who told the truth about his use of cannabis and set off a storm, has a special place in the lore of cannabis reform in New Zealand.When Paul Shannon interviewed Gray for the 'Dope and Hope' issue of Planet magazine in ...
    6 days ago
  • Why now? Historical specificity and the perfect storm that has created trans identity politics
    by Phil Duncan For Marxists, a key concern about social trends is their context – not just their causes, but why they happen when they do.  Events and phenomena have causes, but they also are time or period-specific. While much of the left have capitulated recently to postmodernism, most notably ...
    RedlineBy Admin
    7 days ago
  • Time for a living wage for supermarket workers
    Since the lockdown began, we've all suddenly been reminded who the actually essential workers in our society are: not the people at the top who pay themselves the big bucks and rort the perks, but the people at the bottom they screw over and squeeze: cleaners, warehouse staff, truck drivers ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Hard News: MUSIC: Lockdown Grooves
    Kia ora! As I've watched nearly all my remaining work vanish over the past couple of days, it has occured to me that one good way to keep me away from arguing with fools on Twitter all the time (in the knowledge that all we're really doing is processing our ...
    7 days ago
  • A place of greater safety?
    Aotearoa New Zealand has committed to trying to extirpate the virus that causes COVID-19 from its shores. To do that, as a society we’ve moved to “Level 4”. That means adapting to unprecedented restrictions on our personal freedoms, particularly to our rights to move freely and associate with friends and ...
    PunditBy Andrew Geddis
    7 days ago
  • The police and public trust
    When the Prime Minister declared a state of emergency last week, she handed the police powers to enforce it. And almost immediately, we started hearing about heavy-handed, arbitrary "enforcement" by police who (at best) cared more about order than law, or (more likely) had no idea what the rules were ...
    No Right TurnBy Idiot/Savant
    7 days ago
  • Life in Lock Down: Day 4
    . . Lock Down: Day 4 – A photo essay with observations . March 29: Usual wake up routine as RNZ snaps on my radio-clock. Jim Mora’s voice slowly enters my conciousness; there’s talk of a second wave of covid19 taking hold in South Korea; the week in Parliament – ...
    Frankly SpeakingBy Frank Macskasy
    7 days ago
  • COVID-19 vs New Zealand
    Yesterday, New Zealand recorded its first Covid-19 related death on the West Coast. Unfortunately this is unlikely to be the only fatality, with the virus now being found in every region of the country.However despite the significant danger, people are still unfortunately breaching lockdown rules.There’s really only one main very ...
    7 days ago
  • 2020 SkS Weekly Climate Change & Global Warming Digest #13
    Story of the Week... Toon of the Week... Coming Soon on SkS... Climate Feedback Claim Review... SkS Week in Review... Poster of the Week... Story of the Week... ‘Misinformation kills’: The link between coronavirus conspiracies and climate denial   Grist / Rob Kim / Stringer / CSA Images  Scientific ...
    7 days ago
  • Rāhui day 4
    The kids did surprisingly well today – meltdown count was about 3, and mostly fairly short ones. (And a fourth while I was writing.) Game-wise I had a go at Fell Seal: Arbiter’s Mark. It’s a fairly standard RPG with turn-based combat and what they call a “mature storyline” (it ...
    The little pakehaBy chrismiller
    1 week ago
  • Letter to a friend
    by Don Franks Hi David, Nice hearing from you, I’m glad to hear you’re getting by okay in these grim times. You asked how’s it going for us back here in New Zealand. You would have heard that the whole country is locked down and with breaks for exercise and ...
    RedlineBy Daphna
    1 week ago
  • Life in Lock Down: Day 3
    . . Lock Down: Day 3 – A photo essay with observations . March 28: First day of the first weekend in Lock Down. It feels like it’s been weeks since only Level 3 was declared last Tuesday, only four days ago. Woke up this morning to RNZ; coffee; toast, ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • 2020 SkS Weekly Climate Change & Global Warming News Roundup #13
    A chronological listing of news articles linked to on the Skeptical Science Facebook Page during the past week, i.e., Sun, Mar 22, 2020 through Sat, Mar 28, 2020 Articles Linked to on Facebook Sun, Mar 22, 2020 In Just 10 Years, Warming Has Increased the Odds of Disasters by Chelsea Harvey, ...
    1 week ago
  • Rāhui day 3
    I’m here in lockdown with my flatmate and her two girls (6 and 2) and it. is. a time. They’re usually really active so to start with the only boardgame in the house is the copy of Guess Who that the 6 year old got for her birthday. Flatmate commented ...
    The little pakehaBy chrismiller
    1 week ago
  • A test of civil society.
    The CV-19 (COVID) pandemic has seen the imposition of a government ordered national quarantine and the promulgation of a series of measures designed to spread the burden of pain and soften the economic blow on the most strategically important and most vulnerable sectors of society. The national narrative is framed ...
    KiwipoliticoBy Pablo
    1 week ago
  • Life in Lock Down: Day 2
    . . Lock Down: Day 2 – A photo essay with observations . March 27 – Day 2 of our Strange New World. The Park and Ride near my suburb, usually filled with hundreds of vehicles, had just… four; . . Another drive into Wellington City on a highway nearly ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • How Do You Feel? What Do You Think?
    Fortune's Children: Under extraordinary pressure, the leader of the Government and the leader of the Opposition will each show us what they are made of. Have they been blessed with intelligence, grace, wit, poise, toughness, empathy and humour – and in what measure? More importantly, to what extent have they ...
    1 week ago
  • Landlords are NOT an essential service
    If you’ve ever had the misfortune of having to rent a property on the open market in New Zealand, which is one of the most expensive in the entire world, you’ll likely be keenly aware of just how arrogant and entitled landlords and their real estate agents can be.Unfortunately for ...
    1 week ago
  • A “new Society” post-COVID19 will definitely emerge. The question is: on what path?
    Society-wise, aside from the specific morbidity shall we say of the medically-oriented aspects of this COVID-19 crisis, what is unfolding before the world is in more than one way an instructive study of humanity and reactions to a high intensity, high stress environment in real time. Friends, we are at ...
    exhALANtBy exhalantblog
    1 week ago
  • Raise the Bar: Everything you need to know about the wage subsidy
    Right now low waged and insecure workers are feeling the economic brunt of the looming #Covid19 Recession. In response legal advocate Toby Cooper* and hospitality and worker’s rights advocate Chloe Ann-King, are putting together a series of legal blogs about your employment rights: In this legal blog we outline some ...
    PosseBy chloeanneking
    1 week ago
  • The massacre of prisoners in Modelo jail, Bogota, March 21
    by Equipo Jurídico Pueblos and Gearóid Ó Loingsigh (25/03/2020) An escape plan in question On the night of March 21st and the early morning of the 22nd, the forces of the Colombian state stormed into the Modelo prison in Bogotá, murdering 23 prisoners and injuring 83, in response to the ...
    RedlineBy Admin
    1 week ago
  • We are not America
    When the government banned semi-automatic weapons in response to a terrorist atrocity, gun-nuts were outraged. Mired in toxic American gun culture, they thought owning weapons whose sole purpose was killing people was some sort of "constitutional right", a necessity for "defending themselves" against the government. Now, the Court of Appeal ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • When will we know the lockdown is working?
    Just before midnight on Wednesday March 25, Aotearoa New Zealand entered a countrywide alert level four lockdown. For at least the next four weeks, everyone who isn’t an essential worker is confined to their bubble. We are doing this to stop the explosive growth in people contracting and dying from ...
    SciBlogsBy Siouxsie Wiles
    1 week ago
  • Lock Down: Day 1
    . . Lock Down: Day 1 – A photo essay with observations . Day one of the Level 4 nationwide lock-down (or, DefCon 4 as I sometimes cheekily call it) started at 11.59PM on 25 March. For a moment, most of the nation held it’s collective breath. In that brief ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • A Compelling Recollection.
    Broad, Sunlit Uplands: How those words fired my young imagination! Or, perhaps, it is more accurate to say: how those words fused, in my young mind, with the image printed on every packet of Fielder’s Cornflour. Always fascinated by history, especially modern history, I cannot hear Churchill’s wonderfully evocative words, even ...
    1 week ago
  • The Warehouse – where everyone gets a virus
    . . 24 March 2020 9.46AM Number of covid19 cases in Aotearoa New Zealand: 102 . As of 11.59 on Thursday, most of New Zealand will go into “lock down”. People will be expected not to travel to work; not to socialise; and to stay home. I will not be ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • Aggressive action to address climate change could save the world $145 trillion
    This is a re-post from Yale Climate Connections A respected research group, Project Drawdown, finds that deploying solutions consistent with meeting the Paris climate targets would cost tens of trillions of dollars globally. But crucially, those outlays would also yield long-term savings many times larger than the up-front costs. The new 2020 Drawdown ...
    1 week ago
  • After the Pandemic
    It will pass. What happens next? Not immediately, but longer term. There are many opinions, fewer certainties. Will it “change everything!” as many confidently, and contradictorily predict? In this post I look at how foresight can help bound some of the uncertainties so you can more objectively consider the future. ...
    SciBlogsBy Robert Hickson
    2 weeks ago

  • Further measures to support businesses
    The Government will be introducing legislation to make changes to the Companies Act to help companies facing insolvency due to COVID-19 to remain viable and keep New Zealanders in jobs. The temporary changes include: Giving directors of companies facing significant liquidity problems because of COVID-19 a ‘safe harbour’ from insolvency ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt’s COVID plan, economic strength recognised
    The Government’s plan to cushion the blow of COVID-19 by supporting incomes, jobs and businesses, and position the economy to recover has been backed by another international report. International credit rating agency Moody’s today reaffirmed its highest Aaa credit rating on New Zealand, saying the economy is expected to remain ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Funding certainty for sports through COVID-19
    National sports organisations have been given certainty of funding to ensure they can remain viable through the COVID-19 pandemic, Sport and Recreation Minister Grant Robertson announced today. “The global spread of COVID-19 has had a significant impact on sport and recreation in New Zealand, including the cancellation or postponement of ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Butchers now allowed to process pork
    Changes have been made to allow butchers to process pork, only for supply to supermarkets or other processors or retailers that are open, Agriculture Minister Damien O’Connor has announced. “We carefully weighed the risk of allowing butchers to open their shops for retail customers, but the risk of spreading COVID-19 ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Essential workers leave scheme established
    Essential workers who take leave from work to comply with public health guidance are being supported with a leave scheme to ensure they will continue to receive income, say the Minister of Workplace Relations and Safety Iain Lees-Galloway and Minister for Social Development, Carmel Sepuloni. A number of essential businesses ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Govt WhatsApp helps share COVID-19 information
    A Government WhatsApp channel has been launched to help make information more easily accessible and shareable in the fight against COVID-19. Govt.NZ, which is free to use on any mobile device, will carry information and news for the public, businesses, healthcare providers, not for profits and local government. It can ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Managed departure plan for stranded foreign nationals enables safe, orderly exit
    The Government has announced a plan to enable the safe, orderly exit of tens of thousands of stranded foreign nationals from New Zealand during the current COVID-19 Alert Level 4 restrictions, Deputy Prime Minister and Foreign Minister Winston Peters has said. “When we moved into lockdown a week ago, the ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government delivers COVID-19 support to GPs and Pharmacies
    Health Minister Dr David Clark says the Government is delivering on its commitment to support general practice doctors and nurses, and pharmacies on the front-line of our fight against COVID-19. "For us to overcome COVID-19, we need community health services such as general practice and community pharmacy to step up ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Susan Thomas the new Chief High Court Judge
    Justice Susan Thomas has been appointed Chief High Court Judge, Attorney-General David Parker announced today.  She replaces Justice Geoffrey Venning who has resigned from the position.   David Parker paid tribute to Justice Venning, who he said had stewarded the High Court very capably over the last five years.   “On behalf ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Business Finance Guarantee – applications open
    Businesses can start applying to their banks for loans under the Business Finance Guarantee Scheme set up to support the New Zealand economy during the COVID-19 pandemic. “We’re moving quickly to protect New Zealand businesses, jobs and the economy during this unprecedented global economic shock,” Finance Minister Grant Robertson said. ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Work starts on ways to fast-track consents to boost recovery from Covid-19 downturn
    Work is underway looking at measures to speed up consents for development and infrastructure projects during the recovery from COVID 19, to provide jobs and stimulate our economy.  Environment Minister David Parker said the COVID-19 pandemic is a serious global crisis that will have a wide ranging and lasting impact ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Advance payments to support contractors
    Advance payments will be made to transport construction industry contractors to retain the workforce and ensure it is ready to quickly gear up to build projects which will be vital to New Zealand’s COVID-19 economic recovery, Transport Minister Phil Twyford announced today. He said keeping the workforce required to build ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government seeks infrastructure projects
    The Government has tasked a group of industry leaders to seek out infrastructure projects that are ready to start as soon as the construction industry returns to normal to reduce the economic impact of the COVID-19 pandemic, Economic Development Minister Phil Twyford and Infrastructure Minister Shane Jones say. The Infrastructure ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Health system scaled up to prepare for COVID-19
    Work to scale up the health system in preparation for COVID-19 was today outlined by Health Minister David Clark, as he reported back to the new Epidemic Response Committee. “We are well placed to contain the spread of COVID-19. We have taken early and decisive action at our borders, and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Essential media COVID-19 guidelines refined
    The Government is refining its COVID-19 essential business guidance to include the distribution of news publications for communities which are hard to reach. The Minister of Broadcasting, Communications and Digital Media, Kris Faafoi, said the move was in recognition of the importance for New Zealanders who might be harder to ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Supermarkets able to open on Easter Sunday
    The Government is ensuring supermarkets can open on Easter Sunday so we can buy groceries, but stay closed on Good Friday allowing workers to take a break. This provides a balanced approach and ensures we avoid large queues that two days closure may cause. “Supermarkets will be able to open ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Zealand defence personnel conclude mission at Taji
    Following the successful conclusion of the Building Partner Capacity (BPC) mission at Taji, New Zealand defence personnel are returning to New Zealand from Iraq, in accordance with the Cabinet decision made in June 2019, Foreign Affairs Minister Winston Peters and Defence Minister Ron Mark announced today. “New Zealand is very ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • State of National Emergency extended
    The State of National Emergency to help stop the spread of COVID-19 has been extended for a further seven days, Minister of Civil Defence Peeni Henare said. The initial declaration on March 25 lasted seven days and can be extended as many times as necessary. “Since we went into isolation ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Strong Govt books support ‘go hard, go early’ response
    New Zealand’s ability to go hard and go early in the fight against COVID-19 has been underpinned by strong Government finances and the growing economy heading into this global pandemic, Finance Minister Grant Robertson says. The Treasury today released the Crown financial statements for the eight months to the end ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Christchurch Hospital Hagley ICU to open to support COVID-19 response
    Health Minister Dr David Clark says 36 new intensive care beds at Christchurch Hospital’s new Hagley building are being fast tracked so they are available for treatment of COVID-19 patients.   The Ministry of Health is working with contractor CPB and Canterbury DHB to enable access to the hospital’s ICU, ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government supports Air NZ freight flights
    The Government has fast-tracked up to $1 million to help Air New Zealand move urgent freight to and from New Zealand, with the first flight to Shanghai leaving tonight, Transport Minister Phil Twyford announced today. Phil Twyford says it’s crucial that trade in vital goods such as medical supplies and ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Tariff concessions on COVID-19 related products
    New Zealand will temporarily remove tariffs on all medical and hygiene imports needed for the COVID-19 response. Trade and Export Growth Minister David Parker and Commerce and Consumer Affairs Minister Kris Faafoi said today that the New Zealand Customs Service will apply tariff concessions to all diagnostic reagents and testing ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Clarification of modification to wage subsidy scheme
    Minister of Finance Grant Robertson has clarified that the changes to the wage subsidy scheme announced yesterday mean that employers should be passing on the full subsidy to workers, except in the case where the person’s normal income is less than the level of the subsidy. “We still want employers ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Face masks flowing to DHBs
    Medical face masks from the national reserve supply are now being distributed to District Health Boards, while at the same time local production is being ramped up. Yesterday more than 640,000 masks were sent to DHBS – that is an immediate two week supply, with more to follow in coming ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19: Further steps to protect New Zealanders’ jobs
    The Government has made modifications to the wage subsidy scheme to ensure people don’t lose their jobs during the national lockdown. These changes will soften the impact of COVID-19 on workers, families and businesses, and position them to exit the lockdown and look to recovery, Finance Minister Grant Robertson says. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tax relief for Mycoplasma Bovis farmers
    Farmers whose herds were culled in response to the outbreak of Mycoplasma bovis will be able to minimise the tax treatment of their income in some circumstances. Revenue Minister Stuart Nash says Cabinet has agreed to change the law. It means farmers may be eligible to spread their income over ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • $27 million for NGOs and community groups to continue providing essential services
    A $27 million dollar package, effective immediately, is being provided to social sector services and community groups to ensure they can continue to provide essential support to communities as we stay at home as a nation to stop the spread of COVID-19, Minister for Social Development Carmel Sepuloni announced. “At ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Statement on guilty plea of March 15 terrorist
    “The guilty plea today will provide some relief to the many people whose lives were shattered by what happened on March 15,” Prime Minister Jacinda Ardern said. “These guilty pleas and conviction bring accountability for what happened and also save the families who lost loved ones, those who were injured, ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • COVID-19 updates
    The Prime Minister is holding daily press conferences to update New Zealanders on the Government's response to COVID-19. Links to videos and transcripts of these updates below. These transcripts also include All of Government press conferences led by Director Ministry of Health's Director-General of Health Dr Ashley Bloomfield. 25 March: Live update from the Prime ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Police numbers break through 10,000 mark
    Frontline Police numbers have broken through the 10,000 mark for the first time in history as officers step forward to keep the community safe during the COVID19 lockdown. “Two Police graduations in Auckland and Wellington in the past week have been conducted in unprecedented circumstances,” Police Minister Stuart Nash said. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Urgent tax measures for economic recovery
    Urgent legislation has been passed to support the package of economic and social measures needed to recover from the impact of the coronavirus outbreak. “The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill will cushion New Zealanders from the worst economic impacts of the COVID-19 outbreak,” said Revenue Minister ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Further support for farmers and growers as drought persists
    From tomorrow, Government support for farmers and growers affected by drought will be expanded and extended across the country, with access to Rural Assistance Payments (RAPS) available throughout the North Island, parts of the South Island and the Chatham Islands, Social Development Minister Carmel Sepuloni announced. “These challenging conditions have ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • COVID-19: Temporary changes to Education Act
    Parliament has passed amendments to legislation that give the Secretary of Education stronger powers to act in the fight to limit the spread of COVID-19, Education Minister Chris Hipkins said today. “They are part of a suite of changes passed under the COVID-19 Response (Urgent Management Measures) Legislation Bill,” Chris ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Canada, Australia, Chile, Brunei and Myanmar join NZ and Singapore in committing to keeping supply a...
    Canada, Australia, Chile, Brunei and Myanmar have joined forces with New Zealand and Singapore by committing to keep supply chains open and remove any existing trade restrictive measures on essential goods, especially medical supplies, in the face of the Covid-19 crisis.  Trade and Export Growth Minister David Parker today welcomed ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • COVID-19: Rent increase freeze and more protection for tenants
    Immediate freeze on rent increases Tenancies will not be terminated during the lock-down period, unless the parties agree, or in limited circumstances Tenants who had previously given notice can stay in their if they need to stay in the tenancy during the lock-down period Tenants will still be able to ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Working together to protect businesses and workers
    As New Zealand unites to lock-down in the fight against COVID-19, the Finance Minister is urging all businesses and workers to stay connected over the next four weeks. “We understand the extreme pressure many businesses are under right now. I know most business owners think of their workers as family ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • State of National Emergency declared to fight COVID-19
    A State of National Emergency has been declared across the country as the Government pulls out all the stops to curtail the spread of COVID-19. “Today we put in place our country’s second ever State of National Emergency as we fight a global pandemic, save New Zealanders’ lives and prevent ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Prime Minister’s statement on State of National Emergency and Epidemic Notice
    Mr Speaker I wish to make a Ministerial Statement under Standing Order 347 in relation to the recent declaration of a State of National Emergency. Having considered the advice of the Director Civil Defence Emergency Management, the Minister of Civil Defence declared a State of National Emergency for the whole of ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Deadline for domestic travel extended
    People needing to travel on domestic flights, trains and Cook Strait ferries to get home before the country moves into level 4 lock-down tomorrow night will be able to continue using the passenger services until midnight on Friday, Transport Minister Phil Twyford said today. Domestic passenger services, particularly ferries, have ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Mortgage holiday and business finance support schemes to cushion COVID impacts
    The Government, retail banks and the Reserve Bank are today announcing a major financial support package for home owners and businesses affected by the economic impacts of COVID-19. The package will include a six month principal and interest payment holiday for mortgage holders and SME customers whose incomes have been ...
    BeehiveBy beehive.govt.nz
    2 weeks ago