As the select committee deliberates, recent comments in the media has prompted us at 50 Shades of Green to write again to share the concerns we have for the hill country sector and the proliferation of farms being sold to blanket plant in exotic trees as a means of managing climate change. The comments referred to “the privilege and responsibility of managing the primary sector to carry on operating while the country manages its response to Covid19”.
I did a back of the envelope calculation on what the potential returns were for me if I planted 100ha of my farm. The result after 25 years was over $3 million in favour of forestry. I would benefit greatly to plant my whole farm. Our staff, and our local school and merchandisers, stock agents, processing plants etc would not.
50SOG posted Interesting reading comments like these. “Jones said farmers resented rules being tightened regarding the purchase of land by foreigners.” Ah, we beg to differ, the conditions that overseas investors need to meet to gain OIO approval are LESS stringent. That’s why we are seeing the sale of productive food producing land being sold …