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


Forestry Co-op great idea, but not if foreign controlled

22 August 2014

Forestry Co-op great idea, but not if foreign controlled

The proposal to set up a forestry co-operative to market New Zealand forest products is welcome, but not if it is foreign controlled and its prime concern is to simply export more unprocessed logs, the Green Party said today.

“The bulk of forests are already foreign owned, and this initiative is intent on wrapping up the rats and mice of New Zealand’s remaining 14,000 small forests,” Green Party forestry spokesperson Steffan Browning said today.

United Forestry Group Ltd (UFG), said its wants to be the ‘Fonterra for forests’ and sign up forest owners with holdings of less than 1000 hectares to market logs through one body. One of UFG’s directors is former National Party President and MP, lawyer Geoff Thompson.

UFG is owned by a holding company called Superpen, which is half owned by Chinese company SC Rakau Ltd and half owned by Timber Audits and Technology Pty Ltd of Australia. SC Rakau is fully owned by Hongkong Topway Trading Ltd of Hong Kong,.

“National is driving New Zealand to be a low value commodity producer with ownership in foreign hands, and this is just another step in that direction. Already the vast majority of the logs leaving New Zealand are foreign owned as are all our major wood processors,” Mr Browning said.

“UFG is owned by Chinese and Australian interests. It is a company, not a co-operative, and it plans to sell the logs to one market - China. Not even Fonterra follows such a risky practice of selling into just one market.

“The co-operative approach is welcome, but the position of small holders will be further undermined by selling to a foreign company whose prime interest is to lock the sale of unprocessed logs into one market. That is dangerous.

"This is not a smart way to run our economy. Rather than sending increasing volumes of low value-added raw logs overseas, we should be processing the logs into finished products such as structural timber.

"Structural timber has the ability to lower carbon emissions and to add value to our log exports. This way we create jobs and wealth, not by exporting commodities.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Prisons Grow: Government Approves Plans For Increased Prison Capacity

Despite significant progress in reducing crime the number of prisoners has increased faster than projected. This is because the proportion of offenders charged with serious crimes has risen, meaning more people are being remanded in custody and serving more of their sentences in prison. More>>


Gordon Campbell: On Plastic Bag Activism, And Street Harassment

Amusing to see the Act Party experiencing another outbreak of young fogey-ism. What has aroused the ire of Act Leader David Seymour this time is the introduction of a Greens private members bill to the ballot process, calling for a 15 cents levy on plastic bags to reduce pollution. More>>


Unclear Weapons: US Navy Ship Cleared To Visit NZ For Navy's 75th

United States Navy ship, the USS Sampson, has been given clearance to visit New Zealand next month by Prime Minister John Key... “The process for considering the visit by the USS Sampson is the same as that used for all ships attending the International Naval Review." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news