INDEPENDENT NEWS

New Act a sweetheart deal for a few farmers

Published: Thu 3 May 2012 04:27 PM
Raymond Huo
Land Information Spokesperson
3 May 2012
New Act a sweetheart deal for a few farmers
A select few High Country farmers have been handed a sweetener from the Government in the form of cheap rents, says Raymond Huo, Labour’s spokesperson for Land Information.
“The passing of the Crown Pastoral Land (Rent for Pastoral Leases) Amendment Act, severely compromises the Crown’s right to negotiate fair rents for the high country land it owns. Instead it offers a select few farmers special privileges,” Raymond Huo said.
“The Act will allow Crown leases to be determined purely on the “stock carrying” capacity of the land, not the land value.
“Rent for these properties is already set at a relatively low 2 per cent excluding improvements. By cutting this further the Government is forgoing potential revenue which could go towards much needed protection for our fragile High Country environment.
“Many of the farms are going through Tenure Review and as found in the Clayton Report, a small number of farmers, under this legislation, would be in a better position to capitalise on low rentals and make windfall profits when they freehold and on-sell their leases.
“The Act also challenges the legal precedent as provided in the Māori Reserves Land Act 1997. Before that Act was introduced, Māori land owners were forced to accept lower than market rents for their land through leases based on unimproved land value with similar perpetual rights of tenure for lessees as exists for Crown Pastoral Leases.
“The Act challenges that legal precedent and creates legal inconsistencies which are out of step with most other commercial entities across the country. Labour cannot support inconsistencies in the law.
“The passing of this Act is yet another instance of the National Government delivery sweetheart deals to a selected few, while average Kiwis struggle to pay the bills and hundreds of thousands are jobless,” Raymond Huo said.
ENDS

Next in New Zealand politics

Government and Air NZ agree to manage incoming bookings
By: New Zealand Government
New Investment Creates Over 2000 Jobs To Clean Up Waterways
By: New Zealand Government
David Clark resigns as Health Minister
By: New Zealand Government
Green Party Proposes Transformational Poverty Action Plan
By: Green Party
New protection for dolphins
By: New Zealand Government
Auckland water consent referred to Board of Inquiry
By: New Zealand Government
Hamish Walker - A Personal Statement And An Apology
By: New Zealand National Party
Labour will extend loan scheme 'lifeline' for small business - PM
By: RNZ
Winston Peters on EU travel: 'We're not going to compromise our country's health'
By: RNZ
Infrastructure Investment To Create Jobs, Kick-start COVID Rebuild
By: New Zealand Government
Government Strengthens Managed Isolation System
By: New Zealand Government
ACT Announces List For 2020 General Election
By: ACT New Zealand
Air New Zealand Limits Capacity On Inbound International Services
By: Air New Zealand
Border Lockdown Shows Labour Governing For Labour
By: ACT New Zealand
Cash Boost For Wairarapa Waterways
By: Marcus Anselm - Local Democracy Reporter
View as: DESKTOP | MOBILE © Scoop Media