WAFarmers’ Livestock section made a submission on the “2015 Pastoral Lease Renewal: Renewal Options” to the Department of Lands on 11 July. In the submission, WAFarmers provided suggestions to improve the current lease options.
Key points are outlined below:
- Restructuring of the rent payment would allow Lessees a better management of cash flow for businesses that are highly susceptible to fluctuations in economic conditions and seasonal influences.
- Clarification of terms such as “no right” to soil or timber since their use can improve the Lease.
- Provision of appropriate rent relief at times of economic downturn or natural disaster.
- Promoting long term security and investment in the pastoral areas by supporting perpetual leases rather than the current term lease options.