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Carbon farming: How it could affect rural rates

Waitomo District Council is being warned its rate take will plummet if the conversion of pastoral farms for the purpose of carbon farming continues at its current rate.
File photo: Figures provided by Federated Farmers show a big loss in rates when the land is converted for carbon farming
Photo: 123rf
When farms were planted in pine trees, the capital value plummeted as did the rates able to be taken from the property, Waitomo businessman Kyle Barnes told councillors in a submission to its 10 year plan hearings.
Barnes told the council New Zealand Carbon Farming (NZCF) was buying or leasing farmland for carbon sinks - a reservoir that absorbs carbon. ....

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Value of Kaipara soars, with tiny Ruawai up 76 per cent

Value of Kaipara soars, with tiny Ruawai up 76 per cent
14 Feb, 2021 08:00 PM
8 minutes to read
Robyn Dormer has opened a bookshop in Ruawai after moving up from Devonport and can understand why the town has had the largest property valuation rise in the Kaipara.
Robyn Dormer has opened a bookshop in Ruawai after moving up from Devonport and can understand why the town has had the largest property valuation rise in the Kaipara.
Mike Dinsdale is Northern Advocate deputy editormike.dinsdale@nzme.co.nznorthernadvocat
Dorothy Simpson isn t surprised that the tiny Kaipara town of Ruawai is on the up, with the little slice of paradise offering so much to keep people happy. ....

New Zealand General , New Zealand , Wairoa River , Kaipara Harbour , Liz Jones , Dorothy Simpson , Robyn Dormer , Jason Smith , Kaipara District Council , Ruawai College , Lions Club , Ruawai Primary School , Ministry Of Education , Rating Valuation , Quotable Value , Northern Wairoa River , Devonport Wharf , Isn T , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , கைபரா துறைமுகம் , லிஸ் ஜோன்ஸ் , டோரதி சிம்ப்சன் , ராபின் டார்மர் , ஜேசன் ஸ்மித் , கைபரா மாவட்டம் சபை ,

Business Scoop » Rating Revaluations Deferred Until Spring 2021

Press Release – Queenstown Lakes District Council
Property owners in the Queenstown Lakes District normally receive a triennial Notice of Rating Valuation with the latest valuation having been due in 2020. This rating revaluation is completed by Quotable Value (QV) on behalf of Queenstown Lakes District …
Property owners in the Queenstown Lakes District normally receive a triennial Notice of Rating Valuation with the latest valuation having been due in 2020. This rating revaluation is completed by Quotable Value (QV) on behalf of Queenstown Lakes District Council (QLDC), providing an updated rating value for the property which is used by the Council in setting rates for the next three years. ....

Stewart Burns , Queenstown Lakes District Council , Office Of The Valuer , Press Release , Queenstown Lakes District , Rating Valuation , Quotable Value , Manager Finance , Regulatory Stewart Burns , Valuer General , General Revaluation , New Zealand , ஸ்டீவர்ட் தீக்காயங்கள் , குயின்ஸ்டவுன் ஏரிகள் மாவட்டம் சபை , அலுவலகம் ஆஃப் தி மதிப்பீட்டாளர் , ப்ரெஸ் வெளியீடு , குயின்ஸ்டவுன் ஏரிகள் மாவட்டம் , ரேடிஂக் மதிப்பீடு , மேலாளர் நிதி , ஒழுங்குமுறை ஸ்டீவர்ட் தீக்காயங்கள் , மதிப்பீட்டாளர் ஜநரல் , புதியது ஜீலாந்து ,

QV's new estimates show huge land value increases in Wairarapa

Rating valuations are carried out on all New Zealand properties every three years to help councils set rates for the following three-year period and reflect the likely selling price of a property at the effective revaluation date, which was on September 1, 2020.
Carterton residential property average prices grew by 37 per cent to $523, 000 as of last September, while the average value of a residential house in South Wairarapa was $631,000- an increase of 40 per cent over the last three years.
Land values in both Masterton and Carterton increased by two thirds (66 per cent), with a gain of 58 per cent on average in South Wairarapa. ....

New Zealand General , New Zealand , Chris Davies , Paul Mccorry , Dave Berry , South Wairarapa , Rating Valuation , Long Term Plan , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , கிறிஸ் டேவிஸ் , டேவ் பெர்ரி , ரேடிஂக் மதிப்பீடு , நீண்டது கால திட்டம் ,

New rating valuations reveal land values have soared in Takaka

Virginia Woolf/Stuff
Residential land values in Golden Bay have climbed between 60 per cent and 80 per cent since 2017, with Takaka leading the growth.
Golden Bay has led the Tasman District in percentage hikes for residential land value with an 80 per cent jump since 2017 in Takaka alone, well above the 40 per cent increase for the district overall.
The figures have been revealed as part of new rating valuations prepared for 25,987 properties on behalf of Tasman District Council by Quotable Value (QV).
Usually carried out on New Zealand properties every three years to help local councils set rates for the following three-year period, the rating valuations reflect the likely selling price of a property at the effective revaluation date – October 1, 2020 – and do not include chattels. ....

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