Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Millions invested due to Labour’s forestry plan

Millions invested due to Labour’s forestry plan

Red Stag Timber has today announced it will invest $120 million in upgrading its plant on the basis of Labour’s Forestry and Wood Products Economic Upgrade, says Labour Leader David Cunliffe.

Red Stag General Manager Tim Rigter said. “We are confirming today that if we can get a Pro Wood policy with a future government, we would proceed with a $120 million capital investment in upgrading our plant and facility. We want to be able to process another 500,000 tonnes of logs.”

“This is great news for the Rotorua region that suffered through the closure of the Tachikawa sawmill and the loss of 120 jobs,” says David Cunliffe.

“A new world-class mill fitted with the latest technology will future proof jobs in a region hard hit by the National Government's hands-off approach. I am delighted that our policies can secure jobs in a region that desperately needs them.

“It is a terrific endorsement for Labour’s Economic Upgrade for Forestry and Wood Products that I announced yesterday.

“Our upgrade is supported by the sector. Our focus on investment, innovation and industry is part of the upgrade that will create better jobs that pay higher wages where they are needed.

“To encourage investment we will provide tax deferrals in the form of accelerated depreciation to encourage industry to invest in new technology and plant.

“To boost innovation we will work with the industry and public science bodies to develop new products and technologies.

“To support industry development we will introduce measures including a Pro-Wood policy for government buildings, loans for new forest planting and forestry taskforces for long-term unemployed.

“Labour’s economic upgrade will lead to better jobs and higher wages for all New Zealanders,” David Cunliffe says.

Millions invested due to Labour’s forestry plan

Red Stag Timber has today announced it will invest $120 million in upgrading its plant on the basis of Labour’s Forestry and Wood Products Economic Upgrade, says Labour Leader David Cunliffe.

Red Stag General Manager Tim Rigter said. “We are confirming today that if we can get a Pro Wood policy with a future government, we would proceed with a $120 million capital investment in upgrading our plant and facility. We want to be able to process another 500,000 tonnes of logs.”

“This is great news for the Rotorua region that suffered through the closure of the Tachikawa sawmill and the loss of 120 jobs,” says David Cunliffe.

“A new world-class mill fitted with the latest technology will future proof jobs in a region hard hit by the National Government's hands-off approach. I am delighted that our policies can secure jobs in a region that desperately needs them.

“It is a terrific endorsement for Labour’s Economic Upgrade for Forestry and Wood Products that I announced yesterday.

“Our upgrade is supported by the sector. Our focus on investment, innovation and industry is part of the upgrade that will create better jobs that pay higher wages where they are needed.

“To encourage investment we will provide tax deferrals in the form of accelerated depreciation to encourage industry to invest in new technology and plant.

“To boost innovation we will work with the industry and public science bodies to develop new products and technologies.

“To support industry development we will introduce measures including a Pro-Wood policy for government buildings, loans for new forest planting and forestry taskforces for long-term unemployed.

“Labour’s economic upgrade will lead to better jobs and higher wages for all New Zealanders,” David Cunliffe says.

Endsd

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Two Dead, One Injured – Suspect Arrested:

Police apprehended Russell John Tully just after 5pm this evening following the armed incident in Ashburton this morning.

Canterbury dog section and AOS apprehended Tully not far from Lake Hood. No shots were fired although Tully will be treated for minor dog-bite injuries.

Tully is now in custody at Ashburton Police Station. More>>


  • 3 News Out-Link - Livestream: Ashburton shooting press conference from 5pm

  •  

    Parliament Today:

    John Key Press Conference: Ashburton Shootings, Judith Collins Inquiry

    Prime Minister John Key has delayed the release of Nationals’ fiscal policy in light of this morning’s shooting at a Work and Income office in Ashburton... Key also answered questions about Judith Collins, and confirmed that independent inquiry will be held with regard to allegations made against Collins. More>>

    Gordon Campbell:
    On John Key’s ‘Blame It On Judith’ Strategy

    Right now, Prime Minister John Key seems intent on limiting the scope of any inquiry into his government’s dealings with Cameron Slater. The declared aim is to make that inquiry solely about Judith Collins’ behavior with respect to the Serious Fraud Office. More>>

    ALSO:

    Gordon Campbell: On The Debate, And The Collins Accusation

    Debating is a peculiar discipline in that what you say is less important than how you’re saying it. Looking poised, being articulate and staying on topic generally wins the day – and on that score, Labour leader David Cunliffe won what turned out to be a bruising encounter with Prime Minister John Key last night on TVNZ. More>>

    ALSO:

    Gordon Campbell: On Winston Peters' Latest Bout Of Immigrant Bashing

    It is only one poll, but rather than cannibalising each other's vote, Colin Craig and Winston Peters do seem to be managing to find the room to co-exist... Few are questioning how Peters got to this happy place, and what it says about the mood of the electorate. More>>

    ALSO:

    More Immigration News: First People Trafficking Charges

    The first people trafficking charges in New Zealand have been brought by Immigration New Zealand (INZ)... The defendants have been charged under the Crimes Act 1961 for arranging by deception the entry of 18 Indian nationals into New Zealand. More>>

    Collins 'Misinterprets Media Reports': "Too Compromised To Remain Justice Minister"

    Bizarre claims by Judith Collins this morning that she had been cleared of inappropriate behaviour by the Privacy Commissioner demonstrates she is too compromised to remain Justice Minister, Labour MP Grant Robertson says. More>>

    ALSO:

    Labour On Climate Change: Focus On The Now For The Future

    A Labour Government will put in place a comprehensive climate change strategy focusing on both mitigation and adaptation, establish an independent Climate Commission and implement carbon budgeting, says Labour Climate Change spokesperson Moana Mackey. More>>

    ALSO:

    Gordon Campbell: On National’s Housing Assistance Plan

    So, as many as 90,000 people could derive some benefit from National’s housing assistance plans for low and middle-income earners... Yet in reality, the benefits seem likely to be insignificant, and they will be skewed towards those at the top end of the income group that’s supposedly the target. More>>

    ALSO:

    Election Data Consortium: National’s Worst Case Scenario At Stage One?

    A month out from the general election and ipredict traders are still forecasting National’s vote to slip below current polling levels and there is potential for it to fall further. More>>

    ALSO:

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news