Pastoral leases
Sir,—High-country farmers should stop and think before congratulating themselves on obtaining off-the-cuff Prime Ministerial assurances that pastoral lands will be corporatised. They may have a tiger by the tail. High-country lessees currently pay absurdly low annual rentals of little more than 5 cents a hectare. Once the high country is corporatised, runholders can expect to see a sharp increase in rentals, competitive tendering of high-country commercial development, and a probable scrapping of the grant-assisted steep land retirement scheme. Before embarking on this more market course, runholders should consider the benefits of the current arrangement. By recognising pastoral lands as true multiple use lands, providing for soil and water conservation, nature conservation, and public recreation and enjoyment, a sound case can be made for low grazing rentals. Conservationists, recreationalists and high-country runholders may have more in common than any of them realise. —Yours, etc., KEVIN SMITH. Harihari, February 24, 1986.
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Press, 1 March 1986, Page 18
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151Pastoral leases Press, 1 March 1986, Page 18
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