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.
Forest operations will continue in Nelson and Marlborough forests during summer, except when the fire risk is at its highest.
Forest operations will continue in Nelson and Marlborough forests during summer, except when the fire risk is at its highest.
Andrew Karalus, estate manager for Nelson Management Ltd, says providing continuous work is important for those working in the industry and it enables the industry to attract and retain highly skilled people.
"It's a trade-off to some extent. The risk of fire can never be totally eliminated, but there are probably 1500 people working in forests in the region who rely on year-round work for their livelihoods. Then there are the servicing firms, the trucking companies and wood processors – there are a lot of locals who rely on a steady wood flow for their income."
Karalus says the weather conditions that led to the recent Parsons Rd, Wairau Valley fire were not unusual. The fire risk at the time was code blue – midway on the five step code – so the outbreak and its severity came as a surprise.
"For 15 years we have been successfully operating without any major fires under conditions where the fire risk has been much more severe than we have had so far this summer. We will learn more from the latest events and we are tapping into expert advice to find out what happened and to improve our controls."
He says the forest fire danger codes, which were developed as a collaboration between the forest industry and two Rural Fire Authorities have been under review for six months. The codes have been found to be quite sound. However more work needs to be done to respond to the conditions under which a fire is more likely to start and spread.
"Typically, in a drought such as we had last summer, we reach conditions of code red. We don't have anyone felling or working in the cut-over forest during the heat of the day. Smoking and fires are of course totally banned. After crews leave for the day, someone stays behind to check that the site is completely safe and nothing develops into a fire," Karalus says.
"More challenging is the highly changeable weather we are experiencing at present, where periods of high-risk come and go during the day. We need to be able to identify when this is happening and respond quickly to avoid fire starts."
With the New Zealand/India Free Trade Agreement (FTA) dominating political debate here, India Prime Minister Narendra Modi will be visiting New Zealand next week.
Michelle and Tony Roberts didn't inherit the farming business they have today. They’ve built it from the ground up.
“We’re not normal.” That’s how Jack Walters, executive director of Pungent Pukeko, describes his gin brand, which has just won gold at the World Gin Awards.
Dr Tim Harwood, a seafood food safety research leader, has been awarded the 2026 Significant Contribution Award at the New Zealand Institute of Food Science and Technology (NZIFST) Food Industry Awards.
Today marks the first day of operations for Waikato Waters, a new council-controlled organisation established by six district councils to deliver water and wastewater services for their communities.
The Ministry for Primary Industries (MPI) has announced has opened applications for the 2026/27 funding round of the Greenhouse Gas Inventory Research (GHGIR) fund.

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