BNZ and Pāmu Launch New Native Forest Revenue Model for New Zealand Landowners
Bank of New Zealand (BNZ) and Pāmu (Landcorp Farming Limited) have developed a new way for landowners to earn revenue from existing native forests.
Two forestry companies have been sentenced for road failures that led to the death of Coromandel truck driver Greg Stevens.
In May 2023, 59-year-old Stevens died when his fully loaded logging truck and trailer rolled while negotiating a difficult bend on a private forestry road.
The road had no warning signs, road markers or berms, and its sharp corner was outside recommended specifications for the heavy vehicle he was driving.
The Thames District Court found the corner's turning diameter was 7.5 metres less than the minimum standard for the truck configuration.
Wet surfaces, mud-caked tyres, darkness, and a steep downhill approach made the bend even more dangerous.
The forest owner, Specialty Timbers (1987) Limited, and the transport contractor, Trevor Masters Limited, have been sentenced for their work health and safety failures.
Judge Tompkins found each party assumed someone else was ensuring the road was safe, so no one took responsibility.
"Greg's death was preventable, and if those companies had done what they should have done, my Greg would still be with me today," Caroline Stevens told the court in a victim impact statement.
She described the ongoing emotional toll on her family and called for stronger workplace safety protections.
"It is my hope that Greg's death will serve as a reminder to prioritise safety in the workplace, so no other family has to endure this trauma," she says.
"My plea is simple: let our loved ones come home from work safely."
Safe transporting of logs to the forest boundary is part of WorkSafe New Zealand's recently released approved code of practice for forestry and harvesting operations.
"No log load is worth a life," says WorkSafe northern regional manager, Brad Duggan.
"Forestry operators must understand that managing forestry roads isn't optional. If you're moving heavy vehicles through difficult terrain, you need proper risk assessment, proper consultation, and proper controls," he says.
"If you're not sure your roads are up to standard, stop and check before the next truck goes out."
The arable industry needs profitablity, so it doesn't disappear, says newly elected Federated Farmers Arable Industry Group chair, Chris Dillon.
Carpet maker Bremworth’s planned sale to the world’s largest flooring company is off the table.
Rising strong wool prices are finally returning the sector to profitability.
New Zealand red meat exports are booming but a pending decision in the White House, Washington D.C., could dent sheepmeat earnings.
Two Canadian spraying experts, Tom Wolf and Jason Deveau, are visiting New Zealand in early August to ensure that arable growers are hitting the target with this key piece of equipment.
Otago Southland Young Farmer Tom Slee has been crowned the Season 58 FMG Young Farmer of the Year after an outstanding performance at the Grand Final in New Plymouth, the first time the event has been held in the region.

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