Overseas land sales, Landcorp land sales, and the environment
Our land needs threefold protection.
landcorp
National intends to sell another strategic asset
National again intends to sell off publicly owned assets for its own ideological reasons. This time it’s Landcorp farms, thus depriving the government of another avenue for leading the way on environmental protection for farmers and climate change action.
Another Nick Smith fail in Auckland
How’s Nick Smith doing on the Budget plan to round up 500ha of Auckland land for housing? The answer won’t shock you!
Like Solid Energy, hubris behind Landcorp’s predicament
Solid Energy was this month placed in Voluntary Administration following its financial collapse. Landcorp may not be in quite the same pit as the coal miner, but negative cash-flow and rising debt likely mean it has breached banking covenants. It may be forced to sell good assets at the bottom of the market. Simon Louisson questions why?