Rangeland Ecology & Management

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Western Lands Lease Rentals: Reasonable, Rip-Off or Rort?
Author
Pickard, John
Publisher
Australian Rangeland Society
Publication Year
1992
Body

Since 1902, rents for grazing leases in the Western Division of New South Wales, and wool prices, have remained constant in real terms. All other costs of running a grazing property have increased. Grazier lobbying has been accepted by the NSW Government and Western Lands Commission who have been very reluctant to increase rentals to reasonable levels. As a consequence, graziers are paying minuscule rents, and taxpayers in the state are subsidising their grazing enterprises. Further, rents may be deferred and rebates granted in cases of financial hardship. A more equitable rental system would be based on a percentage of the unimproved capital value of the lease, and indexed annually using commodity prices.

Language
English
Resource Type
Text
Document Type
Conference Paper
Conference Name
7th Australian Rangeland Society Biennial Conference
Keywords
rent
Leases
Australia
grazing leases