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Summary

In July 2005, a panel of valuers was commissioned to review pastoral lease rental and tenure review valuation methodologies and outcomes associated with pastoral lands.

The Government released its preliminary response to this review in 2006.

The Government's position has important implications for pastoral leaseholders. Officials from LINZ, Ministry of Agriculture and Forestry and the Department of Conservation consulted with pastoral leaseholders and interested groups to find out what these implications are and to come up with options for addressing any adverse impacts on leaseholders.

Following this consultation, the final valuers report and the final Government response were released on 15 November 2007.

Latest news

• 15 November 2007: Decisions on high country rents and tenure review
• 15 November 2007: Minister's media release Lakeside properties identified for protection (in which the Minister also announced details of a proposal to help high country lessees manage increased rents)
• More news...

Latest documents

• 29 October 2007: Cabinet Minute: South Island High Country Pastoral Leases Valuation Reviews: Rent Setting and Rent Adjustment (pdf 358KB)
• 26 October 2007: Final Government response - contained within the Cabinet Paper: South Island High Country Pastoral Leases Valuation Reviews: Rent Setting and Rent Adjustment (pdf 2.75MB)
• More documents...

News

News and media releases from LINZ and the Government.

• 15 November 2007: Decisions on high country rents and tenure review
• 15 November 2007: Minister's media release Lakeside properties identified for protection
• 4 May 2007: Pastoral lease rent rises reflect land market movements
• 4 May 2007: Media Questions and Answers Release of Pastoral Lease Rent Reviews
• 13 October 2006: Farmers' views sought on impact of valuation approach
• 13 October 2006: Minister's media release Govt wants sustainable high country farms - Beehive
• 24 August 2005: Experienced valuers chosen for high country work

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Documents

LINZ and Cabinet documents.

• 29 October 2007: Cabinet Minute: South Island High Country Pastoral Leases Valuation Reviews: Rent Setting and Rent Adjustment (pdf 358KB)
• 26 October 2007: Final Government response - contained within the Cabinet Paper: South Island High Country Pastoral Leases Valuation Reviews: Rent Setting and Rent Adjustment (pdf 2.75MB)
• 1 October 2007: Final valuers report: High Country Pastoral Leases Review 2005-2007 (pdf 647KB)
• 13 October 2006: Preliminary Government Response to Report of the High Country Pastoral Releases Review 2006 (pdf 79KB)
• 9 October 2006: Cabinet Paper (pdf 242KB)
• 9 October 2006: Cabinet Minute of Decision (pdf 790KB)
• 9 October 2006: Current Status of Rent Reviews (Attachment 3) (pdf 23KB)
• 1 December 2005: Interim Report - High Country Pastoral Releases Review 2005 (pdf 466KB)
• Armstrong, D.J., R. L. Engelbrecht, and R. L. Jefferies, December 2005 - October 2007. High Country Pastoral Leases Review 2005-2007 - A review of pastoral lease rental and tenure review valuation methodologies and outcomes associated with pastoral lands throughout the South Island of New Zealand (pdf 647KB).
• Armstrong, D.J., R. L. Engelbrecht, and R. L. Jefferies, December, 2005. Interim Report: High Country Pastoral Leases Review 2005 - A review of pastoral lease rental and tenure review valuation methodologies and outcomes associated with pastoral lands throughout the South Island of New Zealand (pdf 466KB).
• South Island High Country Objectives Review of Valuation Methodology in Tenure Review Terms of Reference, 30 March 2005 (pdf 37KB)
• South Island High Country Objectives Review of Introducing Market Rents for Pastoral Leases Terms of Reference, 30 March 2005 (pdf 35KB)

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