Reimagining land use: sustainability and tax
Published Date: 16 Feb 2026
Landowners are capitalising on alternative land use opportunities to generate income, or achieve more philanthropic goals around environment conservation and species protection. While lawyers are generally quickly consulted given contracts are in play, getting the right tax advice can be critical to ensuring that the landowner is aware ahead of time of the associated tax implications for their particular set of circumstances. These tax implications can be complex and long-lasting, impacting everything from immediate cashflow to long-term succession planning. This article focuses on biodiversity conservation covenant arrangements. It delves into the New South Wales Biodiversity Offsets Scheme, looking at some of the technicalities of the associated tax calculations and highlighting some of the longer-term considerations in a tax, practical and commercial sense for landowners entering into these agreements. A real-world case study is included to highlight how these factors can intertwine.
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- Published By: David Hall CTA, Courtney van Zyl
- Published On:16 Feb 2026
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