Tasmanian Times

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. No price is too high for the privilege of owning yourself. ~ Friedrich Nietzsche

Environment

Wrong MIS Trees Axed

Bob Loone

It seems ironic to disallow horticultural MIS, which apart from the damage they do to legitimate farmers, are sustainable and do not destroy local communities, while giving a huge boost to plantation forestry which diminishes or destroys, jobs, farms, communities, economic viability, water, health, sense of place, tourism, and is an environmental nightmare.

Forestry’s large permanent political lobby operation in Canberra has hit the jackpot yet again.

The tax avoidance driven, buy-up of almost every farm that comes on the market by Managed Investment Scheme (MIS) forestry plantation corporations, is receiving another huge boost because of the disallowance of horticultural MIS (olives, apricots, walnuts, truffles etc.)

This means MIS operations which are sustainable and retaining some jobs being axed, while plantation forestry which is unsustainable and destroys farms, jobs, environment, and economy gets a huge boost. Many of those who would normally “invest” in the horticultural MIS will now give money to plantation forestry MIS in order to get 100% tax deductibility.

Interestingly there is an initial cost to taxpayers in tax avoidance of $3000 for each hectare of good farmland purchased by MIS corporations, and that’s only the start.

It seems ironic to disallow horticultural MIS, which apart from the damage they do to legitimate farmers, are sustainable and do not destroy local communities, while giving a huge boost to plantation forestry which diminishes or destroys, jobs, farms, communities, economic viability, water, health, sense of place, tourism, and is an environmental nightmare.

Forestry’s large permanent political lobby operation in Canberra has hit the jackpot yet again.

Can I suggest it would be much less damaging to be disallowing the 100% tax exemption on forestry plantation MIS and retain it on horticultural MIS.

Why is it that common sense and politics very rarely meet?

Bob Loone

President

Western Rivers Preservation Trust

9th February 2007

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7 Comments

7 Comments

  1. rat

    February 17, 2007 at 1:26 pm

    So we now have “old plantation forest “. Looks like the dark greens are still up to their old trick of shifting the “old growth” goal posts.

  2. Jon Sumby

    February 16, 2007 at 2:56 pm

    Great Southern Plantations, a major MIS player, is in the news again:

    ‘The Northern Territory’s Environment Centre has sent a letter to the new Federal Environment Minister asking for an immediate freeze on the Tiwi Islands’ forestry project.

    Great Southern Plantation (GSP) has approval to clear native and old plantation forest on Melville Island to establish 35,000 hectares of acacia woodchip plantations.

    The Commonwealth is investigating allegations that GSP has breached the majority of its environmental conditions.

    It is alleged the operators have breached seven out of their 11 environmental conditions.’ – From: ABC News, 17 Feb.

  3. DON DAVEY

    February 15, 2007 at 11:15 am

    Vica,
    your post(1) i found informative and a better effort than i could summon and assume that you presented it to “letters” examiner and perhaps were not printed ! earlier this week i took the liberty of presenting same to the examiner,duly acknowledging you as the author and today it was printed in its entirety, however they neglected to add my poscript regarding the author,i assume because they most probably need the express permission of same ! consequently it appeared under my name ,hope you don,t mind, the intentions were honouable.
    d.d

  4. DON DAVEY

    February 13, 2007 at 1:54 am

    Vica,

    May i add, to say nothing of lost value asthetically , one winery has already been purchased and after the the rest of the tamar wineries go to the wall , (thanks to the pollution) ,guess who will be around to purchase them ? and for a peppercorn price ! and who wants to see a Tamar valley of plantation forestation ?
    i sure as hell don,t and neither do goddamn tourists !
    d.d.

  5. Richard Barton

    February 12, 2007 at 10:19 pm

    John Howard should have axed himself. Look at his personal decisions lately:

    attack presidential candidate in USA
    dump job creating MIS schemes
    retain water hungry, low value forestry schemes
    imagine that climate change can be addressed with trading stamps

    If there’re any cheap deals from George in the States (tanks, missiles, nuclear power etc), now’s the time…little Johnnie’s ready for it!!

  6. again rat

    February 12, 2007 at 9:38 pm

    Bayley states “… establishment of eucalypt plantations is the only activity eligible for publicly funded tax concessions under this scheme.”

    More bullshit.

  7. vica bayley

    February 12, 2007 at 3:26 pm

    Changes to Managed Investment Schemes (MIS) mean the establishment of eucalypt plantations is the only activity eligible for publicly funded tax concessions under this scheme. This leads to an ironic situation where recently emerged climate change “realists”, the Federal Government, are actively funding landclearing activities that contribute to climate change.

    Logging and landclearing are Tasmania’s greatest emitters of greenhouse gases. They are driving threatened species towards extinction and drying up our rivers. Some logging has been ruled by the Federal Court to be illegal. Yet incredibly, landclearing is being encouraged with massive public subsidy at huge cost to the community and environment.

    This decision creates an uneven playing field in favour of the logging industry that will lead to an increase in taxpayer funded landclearing of native forests for conversion to plantations. Money that would have been invested in other industries will be diverted MIS driven landclearing and plantations, exacerbating climate change and the growing water crisis.

    This is yet another example of one rule for the logging industry and another for the rest of the Australian community

    The protection of high conservation value forests is part of the climate change solution. It will save huge stores of carbon from release into the atmosphere and help to secure Tasmania’s water resources into the future. MIS on eucalypt plantations undermines this future.

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