1 00:00:00,080 --> 00:00:02,600 Speaker 1: More change coming for forest owners over the ETS, this 2 00:00:02,680 --> 00:00:06,160 Speaker 1: time looking to cutridgis read costs. Fees would drop from 3 00:00:06,160 --> 00:00:08,800 Speaker 1: fourteen dollars ninety per hectare to ten twenty five. ADMIN 4 00:00:08,880 --> 00:00:11,280 Speaker 1: costs would also be updated, more targeted and lower fees. 5 00:00:11,320 --> 00:00:15,400 Speaker 1: Doctor Elizabethegg is the Forest Owners Association CEO and as 6 00:00:15,400 --> 00:00:18,600 Speaker 1: with us, Elizabeth, good morning, Good morning, MIKEE. So two 7 00:00:18,640 --> 00:00:20,840 Speaker 1: times they've lowered it all. Does this sit well with 8 00:00:20,920 --> 00:00:22,680 Speaker 1: forest owners? Are we where we need to be? 9 00:00:24,079 --> 00:00:27,680 Speaker 2: Yeah? It's got a lot better and that's through two things. 10 00:00:27,720 --> 00:00:30,960 Speaker 2: So we've got a reference group that's been working with 11 00:00:31,000 --> 00:00:34,960 Speaker 2: the Minister from across the forestry sector and as a 12 00:00:35,400 --> 00:00:37,840 Speaker 2: member of that, what we've been looking for is efficiency 13 00:00:38,320 --> 00:00:40,839 Speaker 2: in the government processes and MPI has done a good 14 00:00:40,880 --> 00:00:44,000 Speaker 2: job of finding ways to bring those costs down of 15 00:00:44,080 --> 00:00:47,239 Speaker 2: operations and then also looking at moving some of the 16 00:00:47,240 --> 00:00:51,440 Speaker 2: stuff that was in that annual charge into targeted fees 17 00:00:51,479 --> 00:00:53,640 Speaker 2: where if somebody is going to be using a service 18 00:00:53,720 --> 00:00:56,760 Speaker 2: multiple times, we shouldn't all be having to pay. 19 00:00:56,560 --> 00:00:59,279 Speaker 1: For that, right so information you're paying less, but what 20 00:00:59,360 --> 00:01:01,560 Speaker 1: you do pay is in a more efficient fashion. Is 21 00:01:01,560 --> 00:01:02,240 Speaker 1: that a fair sumation? 22 00:01:03,120 --> 00:01:03,520 Speaker 2: Correct? 23 00:01:03,640 --> 00:01:07,119 Speaker 1: Okay? Does it encourage more planting and or purchasing. 24 00:01:06,680 --> 00:01:11,160 Speaker 2: Of land, not really at this stage, and I'll be 25 00:01:11,200 --> 00:01:14,119 Speaker 2: honest with you. Next year we're looking at nursery orders 26 00:01:14,120 --> 00:01:18,200 Speaker 2: being down about twenty to fifty percent. So the LUC 27 00:01:18,520 --> 00:01:24,600 Speaker 2: changes with registration have really put the brakes on new planting. 28 00:01:25,080 --> 00:01:29,440 Speaker 2: So and this includes a fee for assessing applications for 29 00:01:29,480 --> 00:01:34,920 Speaker 2: the ETS that would include assessing that LUC restriction. So 30 00:01:35,520 --> 00:01:38,520 Speaker 2: that's I think going to keep the pressure on any 31 00:01:38,600 --> 00:01:39,560 Speaker 2: new A forestation. 32 00:01:39,880 --> 00:01:43,960 Speaker 1: So how many people why am I buying forests? Am 33 00:01:44,000 --> 00:01:47,000 Speaker 1: I buying and planting to grow some logs and sell them? 34 00:01:47,120 --> 00:01:48,760 Speaker 1: Or am I doing it for etes or a bit 35 00:01:48,760 --> 00:01:50,240 Speaker 1: of both generally. 36 00:01:50,560 --> 00:01:53,520 Speaker 2: So generally it would be probably a bit of both, 37 00:01:53,600 --> 00:01:56,240 Speaker 2: although this is going to have shifted to dials where 38 00:01:56,920 --> 00:01:59,760 Speaker 2: it's more going to be on the timber side of things, 39 00:01:59,760 --> 00:02:03,840 Speaker 2: most likely for new A forestation. And look, we're working 40 00:02:03,880 --> 00:02:09,040 Speaker 2: on ways that we can increase export value, get more 41 00:02:09,080 --> 00:02:11,400 Speaker 2: processing on shore. I mean, we want to get our 42 00:02:11,440 --> 00:02:13,720 Speaker 2: cost margins into a better place than where we're at 43 00:02:13,760 --> 00:02:19,120 Speaker 2: right now. But this ETS funding really helps, particularly our 44 00:02:19,160 --> 00:02:22,680 Speaker 2: smaller scale foresters and farm foresters to be able to 45 00:02:22,680 --> 00:02:26,040 Speaker 2: meet what have been some really inflationary costs over the 46 00:02:26,120 --> 00:02:29,520 Speaker 2: last few years. So I think we're going to keep 47 00:02:30,120 --> 00:02:33,720 Speaker 2: pushing for the confidence to come back in the emissions 48 00:02:33,760 --> 00:02:37,560 Speaker 2: trading scheme because it is an important aspect of forestry investment. 49 00:02:37,919 --> 00:02:40,320 Speaker 2: That being said, we need to add value on the 50 00:02:40,360 --> 00:02:41,200 Speaker 2: timber side as well. 51 00:02:41,320 --> 00:02:43,640 Speaker 1: Exactly good to talk to you, elizabethgow Well. Doctor Elizabeth 52 00:02:43,680 --> 00:02:46,240 Speaker 1: hig is the Forest Owners Association Boss. 53 00:02:46,280 --> 00:02:49,120 Speaker 2: For more from the Mic Hosking Breakfast, listen live to 54 00:02:49,280 --> 00:02:49,840 Speaker 2: news talks. 55 00:02:49,880 --> 00:02:53,040 Speaker 1: It'd be from six am weekdays, or follow the podcast 56 00:02:53,080 --> 00:02:53,959 Speaker 1: on iHeartRadio.