Newsletter - July 2001


Farm Forestry Association

For those of you who might be interested we enclose some information about the New Zealand Farm Forestry Association and an application form if you would like to join.
We recommend you do join this organisation because although you may not realise it, you are a farm forester. The Association, as well as being an excellent network and knowledge base, supports the integration of forests and farms and the good land use and sustainable economic growth that involves. It is an important forestry lobby group for the smaller grower and so has similar aims and values to your Partnership. Those are not always the same as those of larger growers, local and central government and the increasingly unreasonable and over-influential environmental activists.
If you join you will receive a very good magazine quarterly and local branch information about field days you may be interested in attending. Please consider giving your support. You could put yourself down as a '0-10 hectare' grower, or just get the 'Tree Grower' magazine.

Kalimera Cottage

Enclosed is a flyer about this delightful place for anyone interested. Kalimera is a farm where our last partnership, Triple Ridge has a plantation.

Glens of Tekoa Cottage

Just a reminder that there is a cottage for rent there too as advised previously. Contact Georgie McRae, 03 315 8317 or

Units for Sale from Existing Partnerships

Currently there units for sale in the Six Hills Forest and Insignis Partnerships.

Six Hills - 3 for sale
1996-2001 total invested to date - $5,618 per unit.

Insignis - 1 for sale
1997 - 2001 total invested to date - $7,545 per unit.

Points to note:

If you are interested in buying one of these, please contact us as we will broker a transaction. It is a matter of agreeing a price between buyer and seller. You should expect to pay what has been paid to date plus a percentage of compound growth on a breakdown of that to account for tree growth and inflation to date. The purchase price is not tax deductible so that needs to be taken into account too.

New Project still in the Pipeline

Despite delays getting it ready for the market our next project is still on the production line and will emerge sooner or later. It is now called 'Mt Whitnow Forest Partnership' as the largest stands will be there. It is still 85% Douglas-fir and two of the five sites have already been planted. It will be about $4,000 per unit over the first year or so with an initial minimum investment of two, and then a flat annual maintenance cost of around $200 per unit. We will send you a complimentary copy of the Investment Statement when it is ready and it will also be on our website.

Climate Change and Carbon etc

Our government (bless them) have said they still intend to ratify the Kyoto convention despite the almost certainty of the vast majority of the world's emissions of CO2 not being covered by it. Appearance triumphs over substance.
So it is still possible we might have a Carbon Tax/Credit system introduced that might benefit some existing plantation growers and encourage new investment, which would be good, and might do some environmental good. But don't hold your breath, although doing so might change the weather on the other side of the world!
Charles Etherington, Manager

Warren Forestry Ltd, New Zealand forestry investment provider
Warren Forestry Ltd, New Zealand forestry investment providerWarren Forestry Ltd, New Zealand forestry investment providerWarren Forestry Ltd, New Zealand forestry investment provider