News

Joint submission with FOA and FFA on Climate Change Commission - 2021 Draft Advice for Consultation submitted on 26 March 2021.  See submission here.

Forest Growers Levy rate to increase for the first time in seven years.  See full article here.

FGLT Meeting dates 2024

16 April

26 June (plus AGM)

25 September

3 December

2024 Work Programme

The FGLT Board has approved the 2024 Work Programme of $7.97M based on budgeted levy collection of $9.5M. 

 

What the levy is used for

The levy is used to fund activities defined in the 2019 Levy Order.  The levy is based on 33 cents a tonne of harvested wood for the year to 31 December 2023.  The rate was increased to 33c in 2021 after 6 years at 27c and is the maximum that can apply in the period to the end of 2025.
The purpose of the FGLT is to help advance the New Zealand plantation forestry industry both domestically and internationally.
 
The Forest Growers Levy Trust Inc (FGLT) was established on 4 March 2013 to manage the proceeds of the levy on harvested wood products.

It is the responsibility of the FGLT to ensure that the money collected under the levy is appropriately invested in areas of research, development and promotion that will further advance NZ forestry and the interests of levy payers here and overseas.

The Forest Growers Levy Trust believes that working together will make the forestry industry in New Zealand a more profitable, sustainable and safe environment in which to work.

The first Levy Order expired in November 2019, and after an industry referendum and consultation, a new Levy Order was established for a further six year period.
 
The FGLT Board met on 5 December 2023, resolved to undertake a referendum in 2024 for a new levy order, running from 2025 to 2031.  It is also investigating a levy on carbon. 
 
Levy Statistics Data

The levy rate is 33c per tonne.

Each year the Work Programme will be reviewed and a budget for the next year approved. The levy struck for that period may be more or less than the previous year’s levy, but it may not exceed the maximum levy amount of 33c per tonne.

For a levy analysis statistical summary visit Levy Analysis Summary