Post by Brent George on Aug 29, 2022 0:02:37 GMT
The group that represents New Zealand's kiwifruit growers says it's disappointed in the recent high court decision appeal ruling that SunGold kiwifruit licences can be included in the rateable value of a property.
The Bushmere Trust, a kiwifruit grower, took the Gisborne District Council to the Land Valuation Tribunal last year after the Council changed its ratings to include the value of the licences in the property's capital value.
That took the nearly six-hectare property's rateable value from $2.8 to $4.1m.
Radio NZ - Rural News:: 29-August-2022
RadioNZ - Country: 26-August-2022
The Bushmere Trust, a kiwifruit grower, took the Gisborne District Council to the Land Valuation Tribunal last year after the Council changed its ratings to include the value of the licences in the property's capital value.
That took the nearly six-hectare property's rateable value from $2.8 to $4.1m.
Radio NZ - Rural News:: 29-August-2022
RadioNZ - Country: 26-August-2022