Rural round-up

August 19, 2018

Supreme Court issues victory for private land conservation:

The Supreme Court has delivered a historic decision to protect covenanted land against a land developer who bought the property with the intention of carving it up, developing on the beautiful and protected bush and then selling the land for profit.

QEII National Trust Acting CEO, Paul Kirby says “this is a victory for conservation on private land in New Zealand and a blow for those who think that they can overturn QEII legal protection of the land. The Supreme Court has reinforced that QEII covenants protect natural spaces against the people who buy a property to divide and develop the land. We are proud to have lead the fight to protect the land against this kind of development. . .

Foresters fear carbon auction’s implications – Richard Rennie:

Forest Owners Association president Peter Weir is troubled by Government proposals to use an auction system to allocate extra carbon units under a revised Emissions Trading Scheme.

The proposal is for a sealed-bid, single-round auction where bidders submit their bids simultaneously. 

Each bidder can submit multiple bids, ultimately creating a demand curve ranking all bids from highest to lowest. A clearing price is then determined, where supply and demand meet.

But Weir is concerned the proposal is going to cause more problems than it solves.

Fonterra pauses to take stock – Hugh Stringleman:

Fonterra dropped another bombshell with the appointment of an interim chief executive, Miles Hurrell, to take over immediately from departing Dutch dairy industry veteran Theo Spierings.

The internal promotion of Hurrell came as Fonterra’s directors reconsider the company’s direction of travel and its needs in a chief executive.

An external recruitment process, started in November last year, is suspended in the meantime, chairman John Monaghan said.

Hurrell has the right mix of talents and experience needed at this time and he will not be paid what former chairman John Wilson called the eye-watering salary and bonuses that Spierings received. . .

 

Sheep wool can help cats’ diet:

Proteins from wool can be added to the diets of animals to improve their health, AgResearch scientists have shown.

Researchers say the positive findings in the diets of domestic cats open up exciting possibilities for new uses of sheep wool to improve digestive health for a broader range of animals, and potentially human beings.

The findings have just been published in the Royal Society of Chemistry’s Food & Function journal, and are available here . . 

NZ blister protection company, Walk On, names first CEO:

Walk On, the blister protection company known for its luxuriously soft Hyperfine merino wool product, has appointed Dr. Mark Davey as its first CEO.

Walk On Founder and Chairman Lucas Smith made the announcement as part of a 2018 initiative to carry the momentum of Walk On’s initial domestic success into international markets. Walk On recently secured a national distribution deal with outdoor and adventure sports multi-channel retailer Torpedo 7, and is also available in 10 retail stores nationally.

“Mark Davey’s experience as a New Zealand apparel innovator will be pivotal to the company as we embark on the next steps of the Walk On journey during our capital raise and international market development efforts,” remarked Lucas Smith. “Mark has experience with both, and we are excited to have him on board.”. . .

End of a family dynasty on Gunningbar Creek – Peter Austin:

A useful grazing block in the tightly-held Gunningbar Creek area north of Nyngan will go to auction later this month, ending nearly a century of ownership by the local Green family.

The 2668 hectare (6594ac) “Belarbone” has been listed for sale by Phil Wallace of Landmark Nyngan on behalf of Gavin and Jenny Green, who are selling in their lead-up to retirement.

Gavin took on the management of “Belarbone” in the early 1980s, at which stage it was an undeveloped block with no electricity connection, no buildings and no infrastructure. . .

 


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