6 | FORESTRY » Venture Forestry Ltd “It’s nice to be involved in something that’s looking at a lot longer time frames, planting something my children are more likely to see the benefit from financially than I will.” • from page 5 Once the ETS began any forest owner with more than 100 hectares who chose to opt in, whether a farmer or a private forestry company, were required to measure the carbon stocks. specific ETS advice is well worth it: especially before planting or investing in forestry, before harvesting, and before selling your forestry assets. “Taking generic advice is dangerous. There has been some poor advice given mainly because of the lack of understanding of it. Everyone’s situation is different depending on their forest’s species, age-class and location. We tailor our advice for the client depending on their holding. We look at the expected carbon profiles either out of their planted forest or their planned planted forest. ETS has been around for about 15 years but realistically people (such as lawyers and real-estate agents) are only just coming up to speed with it, and there’s been quite a few non-compliant transactions that have occurred,” explains Mort. “The legislation and penalties around the ETS are actually tougher than the Inland Revenue rules.” Within the forests he’s personally involved with in Otago and the North Island, Mort is enjoying moving beyond the typical Pinus-radiata forests, which are still his bread and butter, and trialing various native species. Compared to the 100 or so years New Zealand has had to refine the economics of growing radiata, growing natives on a larger scale at an economic cost is a recent development but, thanks to the ETS with revenue to be made from the planting of natives not just the timber felled, there’s growing interest. Mort’s doing selective Research and Development on mixed species natives, for example totara and beech, with nursery crops such as flax, kanuka and manuka, planting from seed, and working out what’s needed to help them successfully grow above their competition, to become safely established. “It’s nice to be involved in something that’s looking at a lot longer time frames, planting something my children are more likely to see the benefit from financially than I will. For me it’s about growing up and moving out of that corporate space and changing the focus a bit to have a bottom line that’s not purely financial,” says Mort. He has no doubt that some of the bigger players will eventually follow suit, if they’re not already, establishing native plantings of their own. The Team at Agrispray are pleased to be able to work with Venture Forestry Ltd. Agrispray supplies a range of seed, specialist equipment and chemical including HexaGard 750 Proud to support Venture Forestry For a personal approach to all your business advisory and accounting requirements, contact CEG today. p 03 479 0400 e admin@cegnz.co.nz w www.cegnz.co.nz business advisors + chartered accountants Port Blakely Ltd are proud to support Venture Forestry PO Box 13-980, Christchurch | Ph: 03 338 6741 | Fax: 03 339 1689 info-NZF@portblakely.com | www.portblakely.com NZ Forest Owner FORESTRY www.gdruralskills.co.nz Contact us on: Phone: 027 443 9023 info@gdruralskills.co.nz Specialists in Forest Establishment Planting - Spraying - Pruning - Thinning We’ve got the ground work covered to maximise your forestry investment. FORESTRY
RkJQdWJsaXNoZXIy NDc2Mzg=