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.”

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Road Crime: Wicked Campers Vans Classified As Objectionable

The definition of publication includes any "thing that has printed or impressed upon it, or otherwise shown upon it, 1 or more (or a combination of 1 or more) images, representations, signs, statements, or words", The Classification Office has previously classified such 'things' as billboards, t-shirts, and even a drink can. This is the first time the Classification Office has classified a vehicle. More>>

ALSO:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news