Portfolio: Land Information

Canterbury survey network receives $800,000

Admin — Thu, 24 May 2012 02:10:00 +0000

Maurice Williamson | Budget 2012

Land Information New Zealand has received $800,000 in new operating funding for 2012/13 so vital re-surveying of the Canterbury region can continue, Land Information Minister Maurice Williamson says. The funding, which comes from the Canterbury Earthquake Recovery Fund, will go towards restoring the survey control network that was badly damaged in the Canterbury earthquakes. The survey control network provides surveyors with accurate information about the topography of the land. ...

Government achieves fairer high country rents

Admin — Wed, 02 May 2012 21:23:00 +0000

Maurice Williamson | Land Information

Land Information Minister Maurice Williamson has welcomed Parliament’s passing of the Crown Pastoral Land (Rent for Pastoral Leases) Amendment Act yesterday. “This Act is a significant reform of the way rents are charged on pastoral leases in the South Island high country and will go a long way towards eliminating the years of tension that has existed between the Crown and lessees over rent issues. “Under the Act, lessees of pastoral leases will be charged rents based on the earning capacity of the property.” ...

Ministers approve Crafar farms bid

Beehive — Thu, 19 Apr 2012 23:29:00 +0000

Jonathan Coleman | Finance

Land Information Minister Maurice Williamson and Associate Finance Minister Jonathan Coleman have approved the new recommendation of the Overseas Investment Office (OIO) to grant consent to Milk New Zealand Holding Limited to acquire the 16 Crafar farms. “New Zealand has a transparent set of laws and regulations around overseas investment,” Mr Williamson says. ...

Clarification on monitoring of land sales

Beehive — Tue, 17 Apr 2012 00:00:00 +0000

Maurice Williamson | Land Information

Claims the Government is failing to monitor foreign buyers of New Zealand land are dangerous and misleading, Land Information Minister Maurice Williamson says. The sale of land to foreign investors is monitored by the Overseas Investment Office (OIO). There is a clear difference between the OIO’s monitoring of land sales to foreign buyers and the investigating of cases. Monitoring includes checking that conditions of consent are complied with. ...

High Court decision on Crafar farms

Beehive — Wed, 15 Feb 2012 03:37:00 +0000

Jonathan Coleman | Finance

Land Information Minister Maurice Williamson and Associate Finance Minister Jonathan Coleman said today’s High Court judgment on the judicial review of Shanghai Pengxin’s bid to acquire the 16 Crafar farms provides a new judicial interpretation of complex legislation. The High Court considered the case on two grounds. These were: ...

Ministers approve Crafar farms bid

Beehive — Thu, 26 Jan 2012 22:17:00 +0000

Jonathan Coleman | Finance

Land Information Minister Maurice Williamson and Associate Minister of Finance Dr Jonathan Coleman have accepted the recommendation of the Overseas Investment Office (OIO) to grant consent to Milk New Zealand Holding Limited (Milk New Zealand), a subsidiary of Shanghai Pengxin Group Co. Limited, to acquire the 16 Crafar farms. "It is clear that all criteria under sections 16 and 18 of the Overseas Investment Act 2005 have been met, therefore we accept the recommendation of the OIO to grant consent," Mr Williamson said. ...