[29 October/Stuff]

Ngai Tahu Farming plans to milk 14,000 dairy cows near Christchurch once the remainder of the Eyrewell forest has been harvested. The iwi owned organisation said it had however abandoned plans to convert some of Balmoral Forest to dairy after failing to get the required consents. Ngai Tahu Farming manages more than 100,000 hectares of farm and forestry land. Its Chief Executive, Andrew Priest, said its Te Whenua Hou dairy development would continue as trees at the current time. He added their oldest dairy farms were only six years old, so they were still increasing productivity. Under the Iwi model, shareholders had a strong requirement for social and environmental responsibility, reflected in the organisation’s mission statement that when land and water are sustained, the people will prosper.