Land explanation
In the article about “Privatisation” printed on “The Press” feature page on Wednesday, the section dealing with Crown leasehold land confused pastoral leases with leases-in-perpetuity. The 563,000 hectares of land which is in the. process of being freeholded at an average price of $l2 a hectare is down-country Crown land held on leases-in-perpetuity. There are
6000 parcels of this land, averaging 93.83 hectares. High country pastoral leases amount to 2.8 million hectares, for which runholders pay an average annual rent of 5c a hectare. The Land Settlement Board has recommended a process of assessment to see which portions could be changed into renewable leases which carry the right to freehold.
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Bibliographic details
Press, 24 September 1983, Page 6
Word Count
112Land explanation Press, 24 September 1983, Page 6
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