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OIO favours forestry over farming

23/05/2019

Excellent food for thought

Homepaddock

A newsletter from 50 Shades of Green points out that Overseas Investment Office rules favour forestry over farming:

The unfair advantage.
Did you know, the threshold for farm sales approval is different for farms selling to farmers than it is for farms selling to forestry investors?Forestry doesn’t have to meet the jobs criteria.  Double whammy again, taking out valuable land and jobs at the same time, impacting local communities and displacing jobs.  Sheep + Beef estimate 7  jobs are displaced for 1 forestry job.
We  don’t think the general public is aware of the indications of 5 million hectares of pine trees, what that looks like in 40, 50 years time, and much of  it, with sink initiatives,  not likely to be harvested

It is ironic that Shane Jones the self-proclaimed savior of the regions who has the $3 billion provincial slush fund to throw around to create jobs, is also the…

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